ARCOS DORADOS HOLDINGS INC-A (ARCO) Stock Technical Analysis
NYSE:ARCO - New York Stock Exchange, Inc. - VGG0457F1071 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to ARCO. In the past year, ARCO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
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.
78% of all other stocks performed better in the past year than ARCO.
ARCO is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 69% of 135 stocks in the same industry do better.
ARCO 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.
ARCO has an average volume of 1272650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ARCO has a been trading in the 7.38 - 8.52 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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.
More info and screens
7.07
9.96
2 important support areas can be observed.
- A support zone ranging from 7.65 to 7.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 7.14 to 7.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 8.11 to 8.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.48 to 8.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 9.85 to 9.86. 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
CRS22.91
Mansfield-1.44
10 Day High8.45
10 Day Low7.38
20 Day High8.52
20 Day Low7.38
52 Week High11.96
52 Week Low7.02
Performance
1 Week5.36%
2 Weeks-3.7%
1 Month1.51%
3 Month0.37%
6 Month-5.73%
12 Month-30.16%
2 Year4.54%
3 Year-0.86%
5 Year144.54%
10 Year65.67%
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)-0.05
RSI(14)54.13
LBB7.43
UBB8.64
8.06
+0.15 (+1.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg1.9%
1 Week5.36%
2 Weeks-3.7%
1 Month1.51%
3 Month0.37%
6 Month-5.73%
12 Month-30.16%
2 Year4.54%
3 Year-0.86%
5 Year144.54%
10 Year65.67%
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%3.12%
ATR Inc11.1%
Range Today0.21
ADR(20)0.25
ADR(20)%3.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.91
Mansfield-1.44
10 Day High8.45
10 Day Low7.38
20 Day High8.52
20 Day Low7.38
52 Week High11.96
52 Week Low7.02
CS1 End7.73
CR1 Start8.11
Volume & EV
DER(3)-1.03%
DER(5)-1.41%
Volume1.20M
Volume Incr-20.52%
Vol(5)965.26K
Vol(50)1.27M