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 04/19/2024 (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
17%
67%
17%
My opinion
Bearish under 102.58 USD
My targets
87.65 USD (-9.98%)
78.03 USD (-19.86%)
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 102.58 USD. The sellers' bearish objective is set at 87.65 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 78.03 USD. In case of crossing, the next objective would be the support located at 47.87 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 confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.7

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 97.37 USD. The price registered a decrease of -7.20% on the session and was traded between 97.18 USD and 103.01 USD over the period. The price is currently at +0.20% from its lowest and -5.48% from its highest.

97.18
103.01
97.37

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



So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of ARM HOLDINGS PLC ADS in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are bearish. There is still some doubt about the decline in the price.
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 these signals:

Central Indicators

Pivot points : price is under support 2

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 47.87 78.03 97.37 102.58 121.98 131.23
Change (%) -50.84% -19.86% - +5.35% +25.27% +34.77%
Change -49.50 -19.34 - +5.21 +24.61 +33.86
Level Minor Intermediate - Intermediate Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard97.85100.21102.57104.93107.29109.65112.01
Camarilla103.62104.06104.49104.92105.35105.79106.22
Woodie97.84100.21102.56104.93107.28109.65112.00
Fibonacci100.21102.02103.13104.93106.74107.85109.65


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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 18.91
MACD (12,26,9): -5.2800
Directional Movement: -40.32
AROON (14): -92.86
DEMA (21): 102.59
Parabolic SAR (0,02-0,02-0,2): 105.08
Elder Ray (13): -5.20
Super Trend (3,10): 108.30
Zig ZAG (10): 100.75
VORTEX (21): 0.5800
Stochastique (14,3,5): 8.01
TEMA (21): 100.00
Williams %R (14): -99.49
Chande Momentum Oscillator (20): -10.42
Repulse (5,40,3): -2.1100
ROCnROLL: 2
TRIX (15,9): -0.6100
Courbe Coppock: 23.52
MA7: 116.22
MA20: 123.57
MA50: 128.25
MA100: 99.00
MAexp7: 103.34
MAexp20: 110.34
MAexp50: 117.20
MAexp100: 121.76
Price / MA7: -16.22%
Price / MA20: -21.20%
Price / MA50: -24.08%
Price / MA100: -1.65%
Price / MAexp7: -5.78%
Price / MAexp20: -11.75%
Price / MAexp50: -16.92%
Price / MAexp100: -20.03%

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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