ARENA GROUP HOLDINGS INC/THE (AREN) Stock Technical Analysis
NYSEARCA:AREN - American Stock Exchange - US0400441095 - Common Stock - Currency: USD
Taking everything into account, AREN 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, AREN is showing a nice and steady performance.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
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 part of the Interactive Media & Services industry. There are 72 other stocks in this industry. AREN outperforms 92% of them.
AREN has an average volume of 2270540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that AREN is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this relatively good performance is mostly due to a recent big move.
AREN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AREN is lagging the market.
In the last month AREN has a been trading in the 1.05 - 1.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AREN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.45. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.33, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AREN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.25
1.74
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.29 to 1.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.26 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.45 to 1.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.72 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.09
Mansfield1.99
10 Day High1.55
10 Day Low1.05
20 Day High1.67
20 Day Low1.05
52 Week High2.35
52 Week Low0.56
Performance
1 Week20%
2 Weeks5.88%
1 Month2.13%
3 Month105.71%
6 Month54.84%
12 Month24.14%
2 Year-83.89%
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)0.01
RSI(14)53.97
LBB1.14
UBB1.51
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 |
|---|---|---|---|
| 1.47 | 1.28 | 0.19 (12.93%) | 7.74% |
| An entry @1.47. This is a Buy Stop order right above the resistance zone. | An exit @1.28. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.19 points, which is 12.93%. | For a 1.00% total portfolio risk, you can invest 7.74% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of AREN. 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.
ARENA GROUP HOLDINGS INC/THE
NYSEARCA:AREN (1/23/2025, 8:43:34 PM)
After market: 1.31 -0.13 (-9.03%)1.44
+0.14 (+10.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg10.77%
1 Week20%
2 Weeks5.88%
1 Month2.13%
3 Month105.71%
6 Month54.84%
12 Month24.14%
2 Year-83.89%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%11.42%
ATR Inc61.79%
Range Today0.24
ADR(20)0.16
ADR(20)%11.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.09
Mansfield1.99
10 Day High1.55
10 Day Low1.05
20 Day High1.67
20 Day Low1.05
52 Week High2.35
52 Week Low0.56
CS1 End1.33
CR1 Start1.45
Volume & EV
DER(3)5.37%
DER(5)1.42%
Volume37.30K
Volume Incr-51.76%
Vol(5)45.70K
Vol(50)2.27M