Technical analysis from Arb Corporation (ARB.AX, ASX:ARB) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Arb Corporation
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Stochastic Oscillator (78.1) for ARB is now below the overbought limit
Stochastic Oscillator /
Stochastic Oscillator (78.1) for ARB is now below the overbought limit

[BEARISH]: Arb Corporation is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.

ARB: Moving Average Convergence Divergence [Bearish Crossover]
MACD /
ARB: Moving Average Convergence Divergence [Bearish Crossover]

ARB: MACD Current Signal -> (1) 20 Nov: BEARISH CROSSOVER (2) 17 Nov: BULLISH (3) 20 Nov: BULLISH

Weighted Moving Average /
Arb Corporation is in a short term downtrend with the resistance price @$18.921

ARB: WMA Current Signal -> (1) 20 Nov: BULLISH (2) 17 Nov: BEARISH (3) 20 Nov: BEARISH

Close Tod Vs Close Yest /
Daily trading performance for ARB has initiated a short term downtrend

[BEARISH]: Arb Corporationsellers are keener than buyers and are driving the price down. This is the first day of price decline for ARB adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -1.5 & the greatest daily negative change this year has been -6. The longest consecutive downswing rally over the last 12 months has been 1 days giving a total rally downward movement of -6%. This quarter, the largest downswing rally has been 1 days giving a total rally downward movement of -2.4%. The loss ratio for price decline in the first timeframe for the last 12 months is 0.5x giving a total win/loss ratio of 1x. Over the last month the average daily downward movement has been -1.2%

Closing Price /
Weaker price performance from ARB has seen a lower close of -0.6 % [Downtrend]

[BEARISH]: Arb Corporation current downtrend in the first timeframe. Currently, the Close is $18.89.

Average True Range /
Arb Corporation: Average True Range (0.303) has confirmed an downtrend is present

[Bearish]: Average True Range has confirmed an downtrend is present. Arb Corporation has a TR of 0.27, and an ATR(14) of 0.303.

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Long Trend /
Daily bar has maintained 3rd timeframe Uptrend for ARB

ARB: Long Term Trend Current Signal -> (1) 20 Nov: BULLISH (2) 17 Nov: NEUTRAL (3) 20 Nov: NEUTRAL

Arb Corporation Ease of Movement is -32.97 [Easily Moved]
Ease of Movement /
Arb Corporation Ease of Movement is -32.97 [Easily Moved]

ARB: EOM Current Signal -> (1) 20 Nov: BEARISH EASY (2) 17 Nov: BEARISH HARD (3) 20 Nov: NEUTRAL

Arb Corporation: Detrended Price Oscillator(20) (1.263)
Detrended Price Oscillator /
Arb Corporation: Detrended Price Oscillator(20) (1.263)

[BULLISH]: Arb Corporation currently has a confirmed uptrend. Price is currently above the displaced moving average for ARBCurrently, the return on DPO20 is -0.6%.

Relative Strength Index /
Relative Strength Index for ARB has crossed below the overbought limit triggering a neutral signal

ARB: RSI Current Signal -> (1) 20 Nov: BEARISH CROSSUNDER (2) 17 Nov: BULLISH CROSSOVER (3) 20 Nov: NEUTRAL

Black Candle /
ARB Basic Candle: Black

[BEARISH]: Arb Corporation has formed a Black candlestick. Normal selling pressure highlighting sellers were in control.

Moving Average Envelope /
Closing price for ARB is still below the lower envelope signalling a bullish movement

[BULLISH]: Arb Corporation current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 17.3565.

Sine Weighted Moving Average(5) signal is confirmed for Arb Corporation indicating downward price movement is likely
Sine Weighted Moving Average /
Sine Weighted Moving Average(5) signal is confirmed for Arb Corporation indicating downward price movement is likely

[BEARISH]: Arb Corporation currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -0.6%.

OBV: Accumulation still active for Arb Corporation
On Balance Volume /
OBV: Accumulation still active for Arb Corporation

ARB: OBV Current Signal ->(1) 20 Nov: BULLISH (2) 17 Nov: BULLISH (3) 20 Nov: BULLISH

High Price /
[Bearish]: Lower high has formed for ARB by -0.3 % during the last trading session

ARB: HIGH Current Signal -> (1) 20 Nov: BEARISH (2) 17 Nov: BEARISH (3) 16 Nov: BULLISH

Average Directional Movement /
Daily bar has confirmed has confirmed an ADX a strong trend is intact for ARB

[Trend]: ADX for ARB has confirmed a strong trend is presentArb Corporation has an ATR(14) of 0.303, a DX of 28.24 & an ADX(14) of 38.84

Range Tod Vs Range Yest /
Arb Corporation: Range Performance (107.7)

[BEARISH]: Arb Corporationsellers are increasingly eager. This is the first day sellers have increasing eagerness for ARB adding strength to a downtrend in the first timeframe. The biggest price range this month has been $1.13 & the greatest daily price range this year has been $4.85. The price range ratio this week versus the quarterly price range is 0.2x & the price range ratio this month versus the year to date price range is 0.2x.

Arb Corporation continues positive divergence & potential shift in direction
Chaikin Money Flow /
Arb Corporation continues positive divergence & potential shift in direction

[BULLISH]: Arb Corporation current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.31. The bullish signal has been active for 0 day. During the quarter, the highest CMF value was 0.37

[Short]: Entry price for ARB should be set @$18.8375
Demarks Pivot Points /
[Short]: Entry price for ARB should be set @$18.8375

Arb Corporation has broken the first DeMark support point ($18.8375) [Bearish]. Look for a short limit order entry near this point. Exit price for ARB should be set @$18.675 & short position stoploss for Arb Corporation should be set at $18.945

Momentum(5) is now decreasing for Arb Corporation
Momentum /
Momentum(5) is now decreasing for Arb Corporation

[BEARISH CROSSOVER]: Arb Corporation currently has negative momentum of -0.16 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is -0.6%.The largest downward momentum rally for the last 3 months is 1 days producing a return of -2.4%%.

Rate of Change /
Arb Corporation currently has positive rate of change for 3.734

[BULLISH]: Arb Corporation currently has positive rate of change of 3.7%. This means the current price is greater than the price 14 days ago and therefore gaining momentum & is a leading indicator of price movement in the upward direction

Fibonacci Extensions /
The 161.8% Fibonacci extension level for ARB has moved to the upper limit. Stoploss should be positioned @$0.38

Arb Corporation has moved above the 161.8% level ($0.41) [Bearish]. Look for a short limit order entry near this point. Exit price for ARB should be set @$0.44 & short position stoploss for Arb Corporation should be set at $0.38

Woodie Pivot Point /
Limit order for a short position has been identified for Arb Corporation [Bearish]

Arb Corporation has broken the first Woodie support point ($18.756) [Bearish]. Look for a short limit order entry near this point. Exit price for ARB should be set @$18.608 & short position stoploss for Arb Corporation should be set at $19.148

[Bull Power]: ERI has increased for Arb Corporation during the last trading session
Elder Ray Index /
[Bull Power]: ERI has increased for Arb Corporation during the last trading session

[BULLISH]: Arb CorporationElder Ray Index is signalling a Bullish movementERI is 0.269 indicating bull power. Prices are being driven above the consensus of value for ARB during the last trading session [Buying Pressure]

Positive VROC: Volume is now higher for Arb Corporation than 14 days ago
Volume Rate of Change /
Positive VROC: Volume is now higher for Arb Corporation than 14 days ago

[BULLISH CROSSOVER]: Arb Corporation currently has positive volume of change of 34%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -0.6%.

Low Price /
[Bearish]: Arb Corporation has failed beat previous low by -1 %

[BULLISH]: Arb Corporation current downtrend in the first timeframe. Currently, the Low is $18.73 (-1 %).

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