LEVERAGE SHARES 2X ARM (ARMG) Stock Technical Analysis
NASDAQ:ARMG - Nasdaq - US8829275770 - ETF - Currency: USD
We assign a technical rating of 1 out of 10 to ARMG. ARMG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, ARMG is a bad performer in the overall market: 100% of all stocks are doing better.
In the last month ARMG has a been trading in the 4.28 - 8.87 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of ARMG 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.
More info and screens
6.44
8.23
We found 1 important support area.
- Support @6.51 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 8.15 to 8.15. 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
CRS0
Mansfield-30
10 Day High8.34
10 Day Low5.85
20 Day High8.87
20 Day Low4.28
52 Week HighN/A
52 Week LowN/A
Performance
1 Week24.85%
2 Weeks24.85%
1 Month-7.92%
3 Month-60.1%
6 MonthN/A
12 MonthN/A
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)0.36
RSI(14)51.01
LBB5
UBB8.4
8.14
+0.19 (+2.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.39%
1 Week24.85%
2 Weeks24.85%
1 Month-7.92%
3 Month-60.1%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.01
ATR(20)%12.7%
ATR Inc-31.5%
Range Today0.57
ADR(20)0.85
ADR(20)%10.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High8.34
10 Day Low5.85
20 Day High8.87
20 Day Low4.28
52 Week HighN/A
52 Week LowN/A
CS1 End6.51
CR1 Start8.15
Volume & EV
DER(3)-5.23%
DER(5)-4.09%
Volume57.00K
Volume Incr-0.29%
Vol(5)65.96K
Vol(50)62.36K