ARMOUR RESIDENTIAL REIT INC (ARR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ARR - US0423157058 - REIT
We assign a technical rating of 8 out of 10 to ARR. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ARR is only an average performer.
ARR has an excellent technical rating, but the quality of the setup is only medium 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.
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13.83
When analyzing the support we can see 4 important areas.
- A support zone ranging from 16.59 to 17.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.31 from a horizontal line in the daily time frame.
- Support @14.81 from a trend line in the weekly time frame.
- Support @13.97 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 17.58 to 17.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for ARR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARR is up. |
| ChartMill Relative Strength | 60.22 | NEUTRAL | ARR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ARR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.98 | NEUTRAL | The RSI value for ARR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ARR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.61 | NEUTRAL | The Stochastics value for ARR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for ARR suggests low volalility. |
| Average Directional Index/ADX (14) | 16.09 | NEGATIVE | The low ADX value for ARR suggests a weak or negative trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 17.59 | 16.69 | 0.90 (5.12%) | 19.54% |
| An entry @17.59. This is a Buy Stop order right above the resistance zone. | An exit @16.69. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.90 points, which is 5.12%. | When investing 19.54% 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.
17.4
+0.2 (+1.16%)
ARMOUR RESIDENTIAL REIT INC / ARR FAQ
What is the technical rating for ARR stock?
ChartMill assigns a technical rating of 8 / 10 to ARR.
What is the trend direction for ARR stock?
The current trend direction for ARMOUR RESIDENTIAL REIT INC (ARR) is Bullish.
Can you provide the RSI signal for ARMOUR RESIDENTIAL REIT INC?
ARMOUR RESIDENTIAL REIT INC (ARR) has an RSI value of 59.9817. This indicates that the stock is currently neutral.
What is the MACD signal for ARR stock?
The MACD indicator for ARMOUR RESIDENTIAL REIT INC (ARR) has a value of -0.0296823, indicating a bearish trend.
What is the support and resistance level for ARR stock?
ARMOUR RESIDENTIAL REIT INC (ARR) has a support level at 17.14 and a resistance level at 17.58. Check the full technical report for our detailed analysis of ARR support and resistance levels.