ARCH CAPITAL GROUP LTD (ACGL) Stock Technical Analysis
NASDAQ:ACGL - Nasdaq - BMG0450A1053 - Common Stock - Currency: USD
Overall ACGL gets a technical rating of 2 out of 10. ACGL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
ACGL is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
ACGL has an average volume of 1842370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, ACGL outperforms 58% of them, which is more or less in line with the market.
ACGL is part of the Insurance industry. There are 143 other stocks in this industry, ACGL did better than 47% of them.
In the last month ACGL has a been trading in the 82.49 - 97.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ACGL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 92.68. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 92.38, a Stop Loss order could be placed below this zone.
More info and screens
86.95
97.91
When analyzing the support we can see 2 important areas.
- A support zone ranging from 90.37 to 92.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @87.83 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 92.68 to 92.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 94.66 to 96.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.77
Mansfield0.02
10 Day High94.49
10 Day Low82.49
20 Day High97.4
20 Day Low82.49
52 Week High116.47
52 Week Low82.49
Performance
1 Week2.2%
2 Weeks-3.85%
1 Month0.13%
3 Month-3.08%
6 Month-14.71%
12 Month-0.39%
2 Year23.31%
3 Year102.69%
5 Year285.23%
10 Year357.66%
15 Year267.44%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)50.92
LBB84.96
UBB99.2
92.57
+0.19 (+0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.21%
1 Week2.2%
2 Weeks-3.85%
1 Month0.13%
3 Month-3.08%
6 Month-14.71%
12 Month-0.39%
2 Year23.31%
3 Year102.69%
5 Year285.23%
10 Year357.66%
15 Year267.44%
Volatility
ATR(14)3.46
ATR(20)%3.28%
ATR Inc-41.96%
Range Today1.91
ADR(20)2.89
ADR(20)%3.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.77
Mansfield0.02
10 Day High94.49
10 Day Low82.49
20 Day High97.4
20 Day Low82.49
52 Week High116.47
52 Week Low82.49
CS1 End92.38
CR1 Start92.68
Volume & EV
DER(3)0.42%
DER(5)1.4%
Volume1.41M
Volume Incr-23.03%
Vol(5)1.48M
Vol(50)1.84M