ARCOS DORADOS HOLDINGS INC-A (ARCO)

VGG0457F1071 - Common Stock

8.58  +0.1 (+1.18%)

After market: 8.58 0 (0%)

Technical Rating and Analysis

0

Taking everything into account, ARCO scores 0 out of 10 in our technical rating. ARCO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ARCO is a bad performer in the overall market: 84% of all stocks are doing better.
ARCO is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 78% of 134 stocks in the same industry do better.
ARCO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ARCO is lagging the market.
In the last month ARCO has a been trading in the 8.45 - 10.03 range, which is quite wide. It is currently trading near the lows of this range.
ARCO has an average volume of 1214460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
ARCO Weekly chart
ARCO Daily chart
Setup Rating and Analysis

3

The technical rating of ARCO 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.

Support and Resistance Analysis

8.11

10.20

2 important support areas can be observed.

  • A support zone ranging from 8.34 to 8.45. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • Support @8.19 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 5 important areas.

  • A resistance zone ranging from 8.96 to 9.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 9.27 to 9.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 9.47 to 9.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 9.74 to 9.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @10.10 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.7
Mansfield-2.73
10 Day High9.33
10 Day Low8.45
20 Day High10.03
20 Day Low8.45
52 Week High13.2
52 Week Low8.08
Performance
1 Week-5.36%
2 Weeks-9.11%
1 Month-12.22%
3 Month-10.92%
6 Month-24.69%
12 Month-14.77%
2 Year13.22%
3 Year72.36%
5 Year11.6%
10 Year30%
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)-0.11
RSI(14)37.32
LBB8.48
UBB9.79
ARCO Daily chart

ARCOS DORADOS HOLDINGS INC-A

NYSE:ARCO (11/4/2024, 4:01:09 PM)

After market: 8.58 0 (0%)

8.58

+0.1 (+1.18%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg1.18%
1 Week-5.36%
2 Weeks-9.11%
1 Month-12.22%
3 Month-10.92%
6 Month-24.69%
12 Month-14.77%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.27
ATR(20)%3.39%
ATR Inc
Range Today0.22
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High9.33
10 Day Low8.45
20 Day High10.03
20 Day Low8.45
52 Week High13.2
52 Week Low8.08
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume763.99K
Volume Incr-37.13%
Vol(5)847.24K
Vol(50)1.21M