ARQIT QUANTUM INC (ARQQ) Stock Technical Analysis
NASDAQ:ARQQ - Nasdaq - KYG0567U1278 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to ARQQ. Although ARQQ 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.
ARQQ is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ARQQ has a been trading in the 15.32 - 30.19 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the yearly performance of all stocks, we notice that ARQQ is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this relatively good performance is mostly due to a recent big move.
ARQQ is part of the Software industry. There are 284 other stocks in this industry, ARQQ did better than 67% of them.
Considerably lower volume is observed in the last couple of days.
The technical rating of ARQQ 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
15.43
16.16
We found 1 important support area.
- Support @15.59 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86
Mansfield0.85
10 Day High20.37
10 Day Low15.32
20 Day High30.19
20 Day Low15.32
52 Week High52.79
52 Week Low3.72
Performance
1 Week-11.11%
2 Weeks-20.44%
1 Month-40.12%
3 Month23.84%
6 Month70.67%
12 Month16.47%
2 Year-48.39%
3 Year-95.99%
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)-0.2
RSI(14)36.51
LBB14.69
UBB21.4
16
-0.61 (-3.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-3.67%
1 Week-11.11%
2 Weeks-20.44%
1 Month-40.12%
3 Month23.84%
6 Month70.67%
12 Month16.47%
2 Year-48.39%
3 Year-95.99%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.48
ATR(20)%11.57%
ATR Inc9.42%
Range Today2.04
ADR(20)1.74
ADR(20)%10.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86
Mansfield0.85
10 Day High20.37
10 Day Low15.32
20 Day High30.19
20 Day Low15.32
52 Week High52.79
52 Week Low3.72
CS1 End15.59
CR1 StartN/A
Volume & EV
DER(3)-1.87%
DER(5)-2.44%
Volume460.90K
Volume Incr-38.59%
Vol(5)485.58K
Vol(50)990.28K