ARM HOLDINGS PLC ADS
ARM HOLDINGS PLC ADS
- USD (-)
- 15 min delayed data - NASDAQ Stocks
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Type: Stocks
Ticker: ARM
ISIN:

ARM HOLDINGS PLC ADS - 1H - Technical analysis published on 04/18/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 109.32 USD
My targets
104.52 USD (-1.81%)
87.65 USD (-17.65%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ARM HOLDINGS PLC ADS as long as the price remains well below 109.32 USD. The sellers' bearish objective is set at 104.52 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 87.65 USD. In case of crossing, the next objective would be the support located at 78.03 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7.3

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Sazzy. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily

Additional analysis

Quotes

ARM HOLDINGS PLC ADS rating 106.44 USD. The price is lower by -1.04% since the last closing and was traded between 102.58 USD and 107.30 USD over the period. The price is currently at +3.76% from its lowest and -0.80% from its highest.

102.58
107.30
106.44

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of this 1H chart of ARM HOLDINGS PLC ADS indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

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.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is oversold : under 20

Type : Neutral

Timeframe : 1 hour


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Black hanging man / hammer

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 47.87 78.03 106.44 121.98 131.20 136.27
Change (%) -55.03% -26.69% - +14.60% +23.26% +28.03%
Change -58.57 -28.41 - +15.54 +24.76 +29.83
Level Minor Minor - Major Minor Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard86.4896.75102.15112.42117.82128.09133.49
Camarilla103.25104.69106.12107.56109.00110.43111.87
Woodie84.0695.5399.73111.20115.40126.87131.07
Fibonacci96.75102.73106.43112.42118.40122.10128.09


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard109.32116.36121.34128.38133.36140.40145.38
Camarilla123.03124.13125.23126.33127.43128.53129.64
Woodie108.30115.85120.32127.87132.34139.89144.36
Fibonacci116.36120.95123.79128.38132.97135.81140.40


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard87.65104.52114.75131.62141.85158.72168.95
Camarilla117.54120.02122.51124.99127.47129.96132.44
Woodie84.34102.86111.44129.96138.54157.06165.64
Fibonacci104.52114.87121.26131.62141.97148.36158.72

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): 16.91
MACD (12,26,9): -4.8300
Directional Movement: -40.27
AROON (14): -92.86
DEMA (21): 109.22
Parabolic SAR (0,02-0,02-0,2): 111.10
Elder Ray (13): -6.83
Super Trend (3,10): 112.60
Zig ZAG (10): 106.70
VORTEX (21): 0.6300
Stochastique (14,3,5): 10.87
TEMA (21): 105.94
Williams %R (14): -83.82
Chande Momentum Oscillator (20): -16.53
Repulse (5,40,3): -1.2300
ROCnROLL: 2
TRIX (15,9): -0.4300
Courbe Coppock: 23.21
MA7: 120.06
MA20: 125.19
MA50: 127.74
MA100: 98.62
MAexp7: 108.92
MAexp20: 116.19
MAexp50: 121.24
MAexp100: 124.32
Price / MA7: -11.34%
Price / MA20: -14.98%
Price / MA50: -16.67%
Price / MA100: +7.93%
Price / MAexp7: -2.28%
Price / MAexp20: -8.39%
Price / MAexp50: -12.21%
Price / MAexp100: -14.38%

Quotes : - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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