Overall ARBK gets a technical rating of 0 out of 10. ARBK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of ARBK 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
4.84
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 | DOWN | NEGATIVE | The long term trend for ARBK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARBK is down. |
| ChartMill Relative Strength | 0.23 | NEGATIVE | ARBK has a low relative strength, it was outperformed by 99.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARBK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ARBK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ARBK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 20.77 | OVERSOLD | The low RSI value suggests ARBK may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.87 | NEGATIVE | The MACD value suggests ARBK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 1.1 | OVERSOLD | The low Stochastics value suggests ARBK may be oversold. |
| Average True Range in percent/ATR (20) | 134.83 | HIGH VOLATILITY | The high ATR as a percentage value for ARBK suggests high volalility. |
| Average Directional Index/ADX (14) | 29.63 | POSITIVE | The high ADX value value for ARBK suggests a strong trend. |
4.89
-0.84 (-14.66%)
ARGO BLOCKCHAIN PLC / ARBK FAQ
What is the technical rating for ARBK stock?
ChartMill assigns a technical rating of 0 / 10 to ARBK.
What is the current trend direction of ARGO BLOCKCHAIN PLC (ARBK) stock?
The current trend direction for ARGO BLOCKCHAIN PLC (ARBK) is Bearish.
What is the RSI signal for ARBK stock?
ARGO BLOCKCHAIN PLC (ARBK) has an RSI value of 20.7664. This indicates that the stock is currently oversold.
What is the short term momentum for ARGO BLOCKCHAIN PLC (ARBK) stock?
The short term momentum for ARGO BLOCKCHAIN PLC (ARBK) is negative.
What is the buy/sell signal for ARBK stock?
The buy/sell signal for ARGO BLOCKCHAIN PLC (ARBK) is sell as both the short term and long term trends are negative.