ARLO TECHNOLOGIES INC (ARLO) Stock Technical Analysis
NYSE:ARLO - New York Stock Exchange, Inc. - US04206A1016 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to ARLO. Although ARLO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month ARLO has a been trading in the 10.98 - 12.25 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that ARLO is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
ARLO is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, ARLO did better than 67% of them.
ARLO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ARLO is lagging the market.
ARLO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 11.53. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.44, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ARLO 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
10.05
12.86
When analyzing the support we can see 4 important areas.
- A support zone ranging from 11.18 to 11.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @10.92 from a trend line in the weekly time frame.
- Support @10.46 from a horizontal line in the weekly time frame.
- A support zone ranging from 10.15 to 10.27. 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 11.53 to 11.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.20 from a horizontal line in the daily time frame.
- Resistance @12.73 from a horizontal 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
CRS80.48
Mansfield-1.26
10 Day High11.77
10 Day Low10.98
20 Day High12.25
20 Day Low10.98
52 Week High17.64
52 Week Low8.63
Performance
1 Week-0.09%
2 Weeks0.79%
1 Month-4.42%
3 Month-4.66%
6 Month-7.8%
12 Month30.94%
2 Year201.84%
3 Year23.6%
5 Year249.7%
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
RSI(14)48.43
LBB11.14
UBB11.74
11.47
+0.23 (+2.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg2.05%
1 Week-0.09%
2 Weeks0.79%
1 Month-4.42%
3 Month-4.66%
6 Month-7.8%
12 Month30.94%
2 Year201.84%
3 Year23.6%
5 Year249.7%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%3.78%
ATR Inc-4.83%
Range Today0.38
ADR(20)0.41
ADR(20)%3.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.48
Mansfield-1.26
10 Day High11.77
10 Day Low10.98
20 Day High12.25
20 Day Low10.98
52 Week High17.64
52 Week Low8.63
CS1 End11.44
CR1 Start11.53
Volume & EV
DER(3)5.53%
DER(5)3.47%
Volume657.00K
Volume Incr-24.1%
Vol(5)554.34K
Vol(50)709.18K