We assign a technical rating of 0 out of 10 to ARM. ARM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of ARM is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
86.32
We found 2 important support areas.
When analyzing the resistance we notice 4 important areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for ARM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARM is down. |
| ChartMill Relative Strength | 19.15 | NEGATIVE | ARM has a low relative strength, it was outperformed by 80.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ARM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ARM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.76 | NEUTRAL | The RSI value for ARM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.64 | POSITIVE | The MACD value suggests ARM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.36 | NEUTRAL | The Stochastics value for ARM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.14 | MEDIUM VOLATILITY | The ATR as a percentage value for ARM suggests some volalility. |
| Average Directional Index/ADX (14) | 21.26 | NEUTRAL | The ADX value for ARM suggests a possible start of a new trend. |
130.89
-5.25 (-3.86%)
ChartMill assigns a technical rating of 0 / 10 to ARM.
The current trend direction for ARM HOLDINGS PLC-ADR (ARM) is Bearish.
ARM HOLDINGS PLC-ADR (ARM) has an RSI value of 34.7645. This indicates that the stock is currently neutral.
ARM HOLDINGS PLC-ADR (ARM) has a support level at 130.88 and a resistance level at 131.16. Check the full technical report for our detailed analysis of ARM support and resistance levels.