ARENA GROUP HOLDINGS INC/THE (AREN)

US0400441095 - Common Stock

1.41  -0.19 (-11.88%)

Premarket: 1.42 +0.01 (+0.71%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to AREN. In the last year, AREN was one of the better performers, but we do observe some doubts in the very recent evolution.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
AREN is one of the better performing stocks in the Interactive Media & Services industry, it outperforms 78% of 72 stocks in the same industry.
AREN has an average volume of 2250570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, AREN did better than 83% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
AREN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AREN is lagging the market slightly.
In the last month AREN has a been trading in the 1.35 - 1.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
AREN Weekly chart
AREN Daily chart
Setup Rating and Analysis

5

Besides having an excellent technical rating, AREN also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.

Support and Resistance Analysis

1.37

1.76

When analyzing the support we notice one important area.

  • A support zone ranging from 1.38 to 1.40. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • Resistance @1.74 from a trend line in the weekly 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
CRS83.92
Mansfield1.54
10 Day High1.82
10 Day Low1.41
20 Day High1.82
20 Day Low1.35
52 Week High2.92
52 Week Low0.56
Performance
1 Week-15.57%
2 Weeks-13.5%
1 Month-6.62%
3 Month74.98%
6 Month60.59%
12 Month-35.06%
2 Year-86.71%
3 YearN/A
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)-0.04
RSI(14)48.47
LBB1.34
UBB1.86
AREN Daily chart

ARENA GROUP HOLDINGS INC/THE

NYSEARCA:AREN (12/20/2024, 8:04:01 PM)

Premarket: 1.42 +0.01 (+0.71%)

1.41

-0.19 (-11.88%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-11.88%
1 Week-15.57%
2 Weeks-13.5%
1 Month-6.62%
3 Month74.98%
6 Month60.59%
12 Month-35.06%
2 Year-86.71%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%11.86%
ATR Inc30.03%
Range Today0.27
ADR(20)0.17
ADR(20)%11.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.92
Mansfield1.54
10 Day High1.82
10 Day Low1.41
20 Day High1.82
20 Day Low1.35
52 Week High2.92
52 Week Low0.56
CS1 End1.4
CR1 Start1.74
Volume & EV
DER(3)-4.84%
DER(5)-3.91%
Volume315.20K
Volume Incr-96.4%
Vol(5)185.28K
Vol(50)2.25M