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

Arb Corporation
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Limit order for a short position has been identified for Arb Corporation @$7.6900
Fibonacci Extensions /
Limit order for a short position has been identified for Arb Corporation @$7.6900

Arb Corporation: The current Fibonacci Extension levels are: (23.61%) $20.0800: (38.2%) $19.9000: (50%) $19.7600: (61.8%) $19.6200The current support levels are: (78.6%) $19.4100: (100%) $19.1500: (138.2%) $18.6800: (161.8%) $18.4000: (261.8%) $17.1800: (423.61%) $15.2000

Recent trading for ARB has failed to beaten the previous high by -1.5 % [Downtrend]
High Price /
Recent trading for ARB has failed to beaten the previous high by -1.5 % [Downtrend]

[BEARISH]: Arb Corporation current downtrend in the first timeframe. Currently, the HIGH is -1.5 %.

Percentage Volume /
Percentage volume oscillator remains negative for ARB

ARB: PVO Current Signal -> (1) 20 Apr: BEARISH (2) 19 Apr: BEARISH (3) 18 Apr: BEARISH

Volume /
Volume for ARB has not surpassed the volume of the previous trading session

[BEARISH]: Arb Corporation current volume downtrend in the first timeframe. Volume for ARB is47658 (-54.1).

Sine Weighted Moving Average /
[Bullish]: SWMA(5) is serving as a support line for Arb Corporation

[BULLISH]: Arb Corporation currently has a confirmed uptrend. Recent trading has caused the SWMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -0.2%.

Opening Price /
Price for ARB has opened weaker than close of the previous trading session

ARB: OPEN Current Signal -> (1) 20 Apr: BEARISH (2) 19 Apr: BULLISH (3) 18 Apr: BULLISH

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Percentage Price /
Arb Corporation currently has positive PPO 0.7000

[BULLISH]: Arb Corporation currently has positive PPO 0.7000%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Arb Corporation: Volume MACD oscillator (1772.0000)
MACD Volume /
Arb Corporation: Volume MACD oscillator (1772.0000)

[BULLISH]: Arb Corporation currently has positive Volume MACD of 1772.0000. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Arb Corporation: Daily low performance is -0.9 % [Downtrend]
Low Price /
Arb Corporation: Daily low performance is -0.9 % [Downtrend]

[BULLISH]: Arb Corporation current downtrend in the first timeframe. Currently, the Low is $19.6400 (-0.9 %).

Close Tod Vs Range Tod /
Buyers of Arb Corporation were in control at the market close.

ARB: Close versus price range Current Signal ->(1) 20 Apr: BULLISH (2) 19 Apr: BEARISH (3) 18 Apr: BULLISH

On Balance Volume /
ARB: Current trading activity signals OBV distribution is active

[BEARISH]: Arb Corporation current price has highlighted recent distribution. Currently, the OBV is -311961.0000.

Ulcer Index /
Ulcer index has reduced in stress level for Arb Corporation & low drawdown is expected

ARB: UIX Current Signal -> (1) 20 Apr: Low stress (2) 19 Apr: Low stress (3) 18 Apr: Low stress

14-day rate of change is increasing for Arb Corporation
Rate of Change /
14-day rate of change is increasing for Arb Corporation

ARB: ROC Current Signal -> (1) 20 Apr: BULLISH (2) 19 Apr: BULLISH CROSSOVER (3) 18 Apr: BULLISH CROSSOVER

The largest upward momentum rally for ARB in the last 3 months is 3
Momentum /
The largest upward momentum rally for ARB in the last 3 months is 3

[BULLISH]: Arb Corporation currently has positive momentum of 0.2800. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is -0.2000%. The largest upward momentum rally for the last 3 months is 3 days producing a return of 0.1%%.

Open Tod Vs Close Tod /
Open/close reversal: Buyers were in control of trading all day for ARB

[BULLISH STRONG]: Arb Corporation opened in the lower part of daily range at 11.600000000000000% & closed in the upper part of the trading range at 74.400000000000000%. This suggests the buyers were in control all day. Over the last 12 months there has been 44 trading days with the opening price in the lower shadow & the closing the price in the upper shadow giving a confirmation ratio of 16.7%. Over the last month there has been 0 trading days with the opening price in the lower price range & the closing the price in the upper price range giving a confirmation ratio of 0%.

Open Close Reversal /
A short term Open Close Reversal has formed with Arb Corporation

[BULLISH]: A short term Open Close Reversal has formed with Arb Corporation which confirms the presence of a bullish bar reversal. Over the last 12 months there have been 4 occurrences of this bar reversal giving a signal probability of 1.5%.

Simple Moving Average /
[Bullish]: SMA(5) is serving as a support line for Arb Corporation

ARB: SMA(5) Current Signal -> (1) 20 Apr: BEARISH (2) 19 Apr: BEARISH (3) 18 Apr: BEARISH

[Uptrend]: Recent trading for ARB indicates ST trend is likely to continue
Exponential Moving Average /
[Uptrend]: Recent trading for ARB indicates ST trend is likely to continue

ARB: EMA(5) Current Signal -> (1) 20 Apr: BEARISH (2) 19 Apr: BEARISH (3) 18 Apr: BEARISH

Recent trading indicates a continuation in T2 upward trend direction ARB [Uptrend]
Medium Trend /
Recent trading indicates a continuation in T2 upward trend direction ARB [Uptrend]

[BULLISH]: Arb Corporation has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Apr 13 2018.

Oversold signal continues for Arb Corporation indicating upward price movement is likely
Moving Average Envelope /
Oversold signal continues for Arb Corporation indicating upward price movement is likely

[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 18.7150.

Piercing /
A Piercing Pattern (Bullish) candlestick pattern has been detected for Arb Corporation (ARB).

[BULLISH]: Arb Corporation has formed a new Bullish Piercing reversal pattern. This means, ARB has been in a short term downtrend with a black candle which is followed by a strong gap down on open but closes in the upper half of the previous candle. This indicates after a very weak open the bulls have taken control on the close and highlights a potential trend change in the upward direction.

Woodie Pivot Point /
Arb Corporation: Stoploss for short position should be set at $20.3380

Arb Corporation has broken the first Woodie support point ($19.7460) [Bearish]. Look for a short limit order entry near this point. Exit price for ARB should be set @$19.4780 & short position stoploss for Arb Corporation should be set at $20.3380

White Candle /
ARB Basic Candle: White

[BULLISH]: Arb Corporation has formed a White candlestick. Normal buying pressure highlighting buyers were in control.

Elders Force Index /
Elders Force Index (789.0000) has signalled buying pressure has initiated for ARB

ARB: Elders Force Index Current Signal -> (1) 20 Apr: BULLISH CROSSOVER (2) 19 Apr: BEARISH CROSSOVER (3) 18 Apr: BULLISH CROSSOVER

This quarter, the largest downswing rally has been 3 days giving a total rally downward movement of -2.1%
Close Tod Vs Close Yest /
This quarter, the largest downswing rally has been 3 days giving a total rally downward movement of -2.1%

[BEARISH]: Arb Corporationsellers are keener than buyers and are driving the price down. There has been 2 consecutive days of price decline for ARB adding strength to a downtrend in the first timeframe. The biggest downward movement this month has been -1.1 & the greatest daily negative change this year has been -5.9. The longest consecutive downswing rally over the last 12 months has been 7 days giving a total rally downward movement of -6.1%. This quarter, the largest downswing rally has been 3 days giving a total rally downward movement of -2.1%. The loss ratio for price rise in the first timeframe for the last 12 months is 0.5x giving a total win/loss ratio of 1.1x. Over the last month the average daily downward movement has been -0.500000%

Recent trading for Arb Corporation fell short of the previous close by -0.2 %
Closing Price /
Recent trading for Arb Corporation fell short of the previous close by -0.2 %

ARB: CLOSE Recent Trading -> (1) 20 Apr: 19.9600 (2) 19 Apr: 19.9900 (3) 18 Apr: 20.1000

Aroon Oscillator /
[Uptrend]: Aroon oscillator @72.0000 has confirmed a strong uptrend for ARB

[BULLISH]: Arb Corporation has a current ARO(25) of 72.0000. This has change 0.0000 points from yesterday.

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