ARM HOLDINGS PLC-ADR (ARM)

US0420682058 - ADR

149.63  +1.2 (+0.81%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to ARM. Both in the recent history as in the last year, ARM has proven to be a steady performer, scoring decent points in every aspect analyzed.

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 and short term trends are both positive. This is looking good!
Looking at the yearly performance, ARM did better than 97% of all other stocks. On top of that, ARM also shows a nice and consistent pattern of rising prices.
ARM is part of the Semiconductors & Semiconductor Equipment industry. There are 109 other stocks in this industry. ARM outperforms 95% of them.
ARM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ARM is lagging the market slightly.
In the last month ARM has a been trading in the 132.80 - 152.39 range, which is quite wide. It is currently trading near the high of this range.
ARM has an average volume of 7702330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
ARM Weekly chart
ARM Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, ARM also presents a decent setup pattern. 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 148.44. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 142.71, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ARM 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.
Support and Resistance Analysis

123.75

151.13

We found 5 important support areas.

  • A support zone ranging from 148.44 to 149.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 139.60 to 142.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @136.07 from a horizontal line in the daily time frame.
  • Support @128.46 from a trend line in the daily time frame.
  • Support @125.00 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
CRS97.4
Mansfield1.97
10 Day High152.39
10 Day Low132.8
20 Day High152.39
20 Day Low132.8
52 Week High188.75
52 Week Low46.5
Performance
1 Week8.32%
2 Weeks1.37%
1 Month5.78%
3 Month-18.08%
6 Month17.49%
12 Month192.3%
2 YearN/A
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)0.21
RSI(14)60.19
LBB134.56
UBB150.21
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
149.18139.599.59 (6.43%)15.56%
An entry @149.18. This is a Buy Stop order right above the resistance zone.An exit @139.59. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 9.59 points, which is 6.43%.When investing 15.56% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
ARM Daily chart

ARM HOLDINGS PLC-ADR

NASDAQ:ARM (10/10/2024, 3:00:57 PM)

149.63

+1.2 (+0.81%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg0.81%
1 Week8.32%
2 Weeks1.37%
1 Month5.78%
3 Month-18.08%
6 Month17.49%
12 Month192.3%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.72
ATR(20)%4.34%
ATR Inc
Range Today6.98
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 High152.39
10 Day Low132.8
20 Day High152.39
20 Day Low132.8
52 Week High188.75
52 Week Low46.5
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.65M
Volume Incr-36.23%
Vol(5)4.15M
Vol(50)7.70M