ACCELERANT HOLDINGS-CL A (ARX) Stock Technical Analysis
USA - NYSE:ARX - KYG008941083 - Common Stock
We assign a technical rating of 3 out of 10 to ARX. ARX performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of ARX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
11.92
When analyzing the support we notice one important area.
- Support @12.04 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 13.57 to 13.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ARX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ARX is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | ARX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ARX is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 52.58 | NEUTRAL | The RSI value for ARX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests ARX has a positive trend. |
| Stochastics (14,3) | 88.91 | OVERBOUGHT | The high Stochastics value suggests ARX may be overbought. |
| Average True Range in percent/ATR (20) | 4.92 | MEDIUM VOLATILITY | The ATR as a percentage value for ARX suggests some volalility. |
| Average Directional Index/ADX (14) | 37.92 | POSITIVE | The high ADX value value for ARX suggests a strong trend. |
13.56
-0.2 (-1.45%)
ACCELERANT HOLDINGS-CL A / ARX FAQ
What is the ChartMill technical rating of ACCELERANT HOLDINGS-CL A (ARX) stock?
ChartMill assigns a technical rating of 3 / 10 to ARX.
What is the trend direction for ARX stock?
The current trend direction for ACCELERANT HOLDINGS-CL A (ARX) is Bullish.
What is the RSI signal for ARX stock?
ACCELERANT HOLDINGS-CL A (ARX) has an RSI value of 52.58. This indicates that the stock is currently neutral.
What is the MACD signal for ARX stock?
The MACD indicator for ACCELERANT HOLDINGS-CL A (ARX) has a value of 0.365069, indicating a bearish trend.
What are the support and resistance levels for ACCELERANT HOLDINGS-CL A (ARX) stock?
ACCELERANT HOLDINGS-CL A (ARX) has a support level at 12.04 and a resistance level at 13.57. Check the full technical report for our detailed analysis of ARX support and resistance levels.