ARLO TECHNOLOGIES INC (ARLO)
US04206A1016 - Common Stock
We assign a technical rating of 5 out of 10 to ARLO. In the past year, ARLO was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month ARLO has a been trading in the 9.92 - 12.45 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, ARLO turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
ARLO is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 63% of 124 stocks in the same industry.
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.
Although the technical rating is only medium, ARLO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 11.93. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.66, a Stop Loss order could be placed below this zone.
More info and screens
10.05
12.29
When analyzing the support we can see 2 important areas.
- A support zone ranging from 11.31 to 11.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.15 to 10.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 11.93 to 12.17. 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
CRS64.91
Mansfield-0.81
10 Day High12.21
10 Day Low9.92
20 Day High12.45
20 Day Low9.92
52 Week High17.64
52 Week Low8.33
Performance
1 Week4.3%
2 Weeks-2.22%
1 Month9.28%
3 Month-4.42%
6 Month-4.04%
12 Month31.09%
2 Year211.26%
3 Year53.42%
5 Year243.64%
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)0.06
RSI(14)56.22
LBB10.73
UBB12.45
ARLO TECHNOLOGIES INC
NYSE:ARLO (11/21/2024, 7:07:45 PM)
After market: 11.89 0 (0%)11.89
+0.17 (+1.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg1.45%
1 Week4.3%
2 Weeks-2.22%
1 Month9.28%
3 Month-4.42%
6 Month-4.04%
12 Month31.09%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.73
ATR(20)%5.22%
ATR Inc
Range Today0.42
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 High12.21
10 Day Low9.92
20 Day High12.45
20 Day Low9.92
52 Week High17.64
52 Week Low8.33
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume521.47K
Volume Incr-19.23%
Vol(5)791.99K
Vol(50)844.21K