ALTSHARES MERGER ARBITRAGE (ARB) Stock Technical Analysis
NYSEARCA:ARB - NYSE Arca - US02210T1088 - ETF - Currency: USD
Taking everything into account, ARB scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ARB is showing a nice and steady performance.
Warning: ARB has an average volume of 10336 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 comparing the yearly performance of all stocks, we notice that ARB is one of the better performing stocks in the market, outperforming 76% of all stocks. We also observe that the gains produced by ARB over the past year are nicely spread over this period.
ARB is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so ARB slightly outperforms the market at the moment.
In the last month ARB has a been trading in a tight range between 27.76 and 28.75.
ARB has an excellent technical rating and 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 28.16, 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
25.89
28.52
4 important support areas can be observed.
- A support zone ranging from 27.82 to 28.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.24 to 27.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.69 from a horizontal line in the weekly time frame.
- Support @26.15 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 28.16 to 28.24. 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
CRS76.01
Mansfield0.46
10 Day High28.75
10 Day Low28.02
20 Day High28.75
20 Day Low27.76
52 Week High28.75
52 Week Low25.81
Performance
1 Week0.32%
2 Weeks0.25%
1 Month-0.03%
3 Month0.96%
6 Month0.83%
12 Month5.31%
2 Year10.04%
3 Year6.97%
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)0.01
RSI(14)55.26
LBB27.95
UBB28.28
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 |
|---|---|---|---|
| 28.25 | 28.01 | 0.24 (0.85%) | 25.00% |
| An entry @28.25. This is a Buy Stop order right above the resistance zone. | An exit @28.01. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.24 points, which is 0.85%. | For a 0.21% 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.
NYSEARCA:ARB (4/29/2025, 2:49:16 PM)
28.15
-0.03 (-0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.11%
1 Week0.32%
2 Weeks0.25%
1 Month-0.03%
3 Month0.96%
6 Month0.83%
12 Month5.31%
2 Year10.04%
3 Year6.97%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%0.66%
ATR Inc-63.12%
Range Today0.09
ADR(20)0.17
ADR(20)%0.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.01
Mansfield0.46
10 Day High28.75
10 Day Low28.02
20 Day High28.75
20 Day Low27.76
52 Week High28.75
52 Week Low25.81
CS1 End28.16
CR1 Start28.22
Volume & EV
DER(3)-1.46%
DER(5)-1.28%
Volume14.44K
Volume Incr-25.75%
Vol(5)8.22K
Vol(50)10.34K