ARCH CAPITAL GROUP - 1H - Technical analysis published on 07/18/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Strongly bearish
Technical indicators
33%
22%
44%
My opinion
Bearish under 44.07 USD
My targets
42.23 USD (-2.06%)
40.38 USD (-6.35%)
My analysis
The basic trend is very bearish on ARCH CAPITAL GROUP but buyers need to catch their breath in the short term. In a case like this, you could favour trades in the direction of the trend on ARCH CAPITAL GROUP. As long as you stay below the resistance 44.07 USD, sellers' retain the upper hand. A break in the support at 42.23 USD would be a signal that the basic trend will reverse. Sellers would then use the next support located at 40.38 USD as an objective. Crossing it would then enable sellers to target 38.18 USD. If the price were to depress the resistance 44.07 USD in the short term, this would be a sign of possible consolidation in the short term, but against the trend trading would then perhaps be more risky. On the other hand, we could expect signals of a reversal of the trend.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
3.9
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Additional analysis
Quotes
ARCH CAPITAL GROUP rating 43.12 USD. On the day, this instrument lost -0.02% with the lowest point at 43.10 USD and the highest point at 43.80 USD. The deviation from the price is +0.05% for the low point and -1.55% for the high point.43.10
43.80
43.12
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ARCH CAPITAL GROUP:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of ARCH CAPITAL GROUP in 1H shows a overall strongly bearish trend. 82.14% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the global trend is slowing down. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Other results related to technical indicators were also found by the Central Indicators scanner:
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 38.18 | 40.38 | 42.23 | 43.12 | 43.15 | 44.07 | 45.21 |
| Change (%) | -11.46% | -6.35% | -2.06% | - | +0.07% | +2.20% | +4.85% |
| Change | -4.94 | -2.74 | -0.89 | - | +0.03 | +0.95 | +2.09 |
| Level | Minor | Intermediate | Major | - | Minor | Major | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 41.46 | 41.93 | 42.53 | 43.00 | 43.60 | 44.07 | 44.67 |
| Camarilla | 42.84 | 42.93 | 43.03 | 43.13 | 43.23 | 43.33 | 43.42 |
| Woodie | 41.53 | 41.96 | 42.60 | 43.03 | 43.67 | 44.10 | 44.74 |
| Fibonacci | 41.93 | 42.34 | 42.59 | 43.00 | 43.41 | 43.66 | 44.07 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 39.01 | 40.56 | 41.84 | 43.39 | 44.67 | 46.22 | 47.50 |
| Camarilla | 42.35 | 42.61 | 42.87 | 43.13 | 43.39 | 43.65 | 43.91 |
| Woodie | 38.89 | 40.49 | 41.72 | 43.32 | 44.55 | 46.15 | 47.38 |
| Fibonacci | 40.56 | 41.64 | 42.31 | 43.39 | 44.47 | 45.14 | 46.22 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 36.94 | 39.52 | 42.50 | 45.08 | 48.06 | 50.64 | 53.62 |
| Camarilla | 43.96 | 44.47 | 44.98 | 45.49 | 46.00 | 46.51 | 47.02 |
| Woodie | 37.15 | 39.62 | 42.71 | 45.18 | 48.27 | 50.74 | 53.83 |
| Fibonacci | 39.52 | 41.64 | 42.95 | 45.08 | 47.20 | 48.51 | 50.64 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 45.50 | |
| MACD (12,26,9): | -0.1100 | |
| Directional Movement: | -9.22 | |
| AROON (14): | 57.15 | |
| DEMA (21): | 43.14 | |
| Parabolic SAR (0,02-0,02-0,2): | 43.80 | |
| Elder Ray (13): | -0.09 | |
| Super Trend (3,10): | 42.50 | |
| Zig ZAG (10): | 43.23 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 63.33 | |
| TEMA (21): | 43.28 | |
| Williams %R (14): | -42.86 | |
| Chande Momentum Oscillator (20): | 0.19 | |
| Repulse (5,40,3): | -0.5300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0700 | |
| Courbe Coppock: | 3.01 |
| MA7: | 43.75 | |
| MA20: | 44.26 | |
| MA50: | 45.29 | |
| MA100: | 46.19 | |
| MAexp7: | 43.32 | |
| MAexp20: | 43.35 | |
| MAexp50: | 43.73 | |
| MAexp100: | 44.12 | |
| Price / MA7: | -1.44% | |
| Price / MA20: | -2.58% | |
| Price / MA50: | -4.79% | |
| Price / MA100: | -6.65% | |
| Price / MAexp7: | -0.46% | |
| Price / MAexp20: | -0.53% | |
| Price / MAexp50: | -1.39% | |
| Price / MAexp100: | -2.27% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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