ACCELERANT HOLDINGS-CL A (ARX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ARX - KYG008941083 - Common Stock
We assign a technical rating of 6 out of 10 to ARX. In the last year, ARX was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
ARX has an average technical rating and it also does not offer a high 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.
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14.00
2 important support areas can be observed.
- A support zone ranging from 15.07 to 15.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 14.14 to 14.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 15.68 to 15.74. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for ARX is up. |
| 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) | UP | POSITIVE | The current price of ARX is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 63.9 | NEUTRAL | The RSI value for ARX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests ARX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.15 | OVERBOUGHT | The high Stochastics value suggests ARX may be overbought. |
| Average True Range in percent/ATR (20) | 4.9 | MEDIUM VOLATILITY | The ATR as a percentage value for ARX suggests some volalility. |
| Average Directional Index/ADX (14) | 23.58 | NEUTRAL | The ADX value for ARX suggests a possible start of a new trend. |
15.67
-0.06 (-0.38%)
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 6 / 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 63.9042. 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 0.167297, 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 15.29 and a resistance level at 15.68. Check the full technical report for our detailed analysis of ARX support and resistance levels.