ACCELERATE ARBITRAGE FUND (ARB.CA) Stock Technical Analysis
TSX:ARB - Toronto Stock Exchange - CA00437K1084 - ETF - Currency: CAD
We assign a technical rating of 7 out of 10 to ARB. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ARB is only an average performer.
Warning: ARB has an average volume of 2137 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When compared to the yearly performance of all other stocks, ARB outperforms 44% of them, which is more or less in line with the market.
ARB is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month ARB has a been trading in a tight range between 26.27 and 27.50.
Besides having an excellent technical rating, ARB also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 26.41, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
25.01
26.85
We found 1 important support area.
- A support zone ranging from 25.26 to 26.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 26.47 to 26.58. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS44.19
Mansfield-0.36
10 Day High27.5
10 Day Low26.4
20 Day High27.5
20 Day Low26.27
52 Week High27.5
52 Week Low25.66
Performance
1 Week0.19%
2 Weeks0.08%
1 Month0.38%
3 Month0.92%
6 Month0.72%
12 Month2.44%
2 Year3.56%
3 Year0.53%
5 YearN/A
10 YearN/A
15 YearN/A
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)53.41
LBB26.3
UBB26.57
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 26.59 | 26.39 | 0.20 (0.75%) | 25.00% |
| An entry @26.59. This is a Buy Stop order right above the resistance zone. | An exit @26.39. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.20 points, which is 0.75%. | For a 0.19% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ARB. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:ARB (3/7/2025, 7:00:00 PM)
26.45
-0.06 (-0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.23%
1 Week0.19%
2 Weeks0.08%
1 Month0.38%
3 Month0.92%
6 Month0.72%
12 Month2.44%
2 Year3.56%
3 Year0.53%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%0.44%
ATR Inc-80%
Range Today0.06
ADR(20)0.09
ADR(20)%0.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.19
Mansfield-0.36
10 Day High27.5
10 Day Low26.4
20 Day High27.5
20 Day Low26.27
52 Week High27.5
52 Week Low25.66
CS1 End26.41
CR1 Start26.47
Volume & EV
DER(3)0%
DER(5)0.91%
Volume1.00K
Volume Incr-34.6%
Vol(5)2.03K
Vol(50)2.14K