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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Arb Corporation: Daily price range is $0.33 [Decreasing Range]
Price Range /
Arb Corporation: Daily price range is $0.33 [Decreasing Range]

ARB: Price Range Current Signal -> (1) 19 Feb: BEARISH (2) 16 Feb: BULLISH (3) 15 Feb: BULLISH

Arb Corporation: Percentage Volume Oscillator (-5)
Percentage Volume /
Arb Corporation: Percentage Volume Oscillator (-5)

[BEARISH]: Arb Corporation currently has negative PVO -5%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is 1%.

Low Price /
Recent trading for Arb Corporation has surpassed the previous low by 0.3 %

ARB: LOW Current Signal -> (1) 19 Feb: BULLISH (2) 16 Feb: BULLISH (3) 15 Feb: BULLISH

Open Tod Vs Close Tod /
Arb Corporation: Buyers have lost commitment.

[BULLISH WEAK]: Arb Corporation opened in the lower part of daily range at 15.2% & closed in the middle part of the trading range at 57.6%. This suggests the buyers have lost commitment. Over the last 12 months there has been 25 trading days with the opening price in the lower shadow & the closing the price in the middle shadow giving a confirmation ratio of 9.8%. Over the last month there has been 2 trading days with the opening price in the lower price range & the closing the price in the middle price range giving a confirmation ratio of 16.7%.

Demarks Pivot Points /
Stoploss for Arb Corporation should be set between $18.365

Arb Corporation current pivot point (DeMark) is: (R1) $18.695. The current pivot point (DeMark) is: (S1) $18.365.

Long Trend /
Daily trading has maintained an Uptrend long term trend for Arb Corporation

[BULLISH]: Arb Corporation has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Sep 19 2017.

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Opening Price /
Arb Corporation: Daily opening performance is -0.4 % [Uptrend]

[BULLISH]: Arb Corporation opening price has gapped up. Currently, the OPEN is $18.32 (-0.4 %).

Market conditions are indicating OBV distribution is current for ARB
On Balance Volume /
Market conditions are indicating OBV distribution is current for ARB

[BEARISH]: Arb Corporation current price has highlighted recent distribution. Currently, the OBV is -914749.

Price continues to trade above the Exponential Moving Average(5) for ARB
Exponential Moving Average /
Price continues to trade above the Exponential Moving Average(5) for ARB

[BULLISH]: Arb Corporation currently has a confirmed uptrend. Recent trading has caused the EMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is 1%.

High Price /
Arb Corporation: Daily high performance (-0.2 %)

[BEARISH]: Arb Corporation current downtrend in the first timeframe. Currently, the HIGH is -0.2 %.

Elders Force Index /
Bearish conditions for ARB are likely to continue based on EFI (-37164)

[BEARISH]: Arb Corporation current price has highlighted recent selling pressure. Currently, the Elders Force Index is -37164.

Percentage Price /
Arb Corporation currently has negative PPO 0.000

[BEARISH]: Arb Corporation currently has negative PPO 0.000%. This means the current price is losing momentum through a fall on the short term exponential moving average.

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

[BEARISH]: Arb Corporation currently has a confirmed downtrend. Recent trading has caused the SMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is 1%.

Close for ARB has surpassed the close of the previous trading session
Closing Price /
Close for ARB has surpassed the close of the previous trading session

[BULLISH]: Arb Corporation current uptrend in the first timeframe. Currently, the Close is $18.46.

Short White Candle /
ARB Basic Candle: Short White

[BULLISH WEAK]: Arb Corporation has formed a Short White candlestick. This means, ARB has limited price movement derived from weak buying pressure. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

Elder Ray Index /
Arb Corporation: Elder Ray Index is 0.463 [Bullish]

[BULLISH]: Arb CorporationElder Ray Index is signalling a Bullish movementERI is 0.463 indicating bull power. Prices are being driven above the consensus of value for ARB during the last trading session [Buying Pressure]

Medium Trend /
Daily trading has maintained an Downtrend medium trend for Arb Corporation

[BEARISH]: Arb Corporation has a medium timeframe downtrend confirmation. This was confirmed through a price breakout on the Feb 8 2018.

Daily trading has confirmed the DPO(20) is bullish for Arb Corporation
Detrended Price Oscillator /
Daily trading has confirmed the DPO(20) is bullish for Arb Corporation

ARB: DPO Current Signal -> (1) 19 Feb: BULLISH (2) 16 Feb: BULLISH (3) 15 Feb: BULLISH CROSSOVER

Arb Corporation has broken the first resistance point ($18.616) [Bullish]
Pivot Points /
Arb Corporation has broken the first resistance point ($18.616) [Bullish]

Arb Corporation has broken the first resistance point ($18.616) [Bullish]. Look for a long limit order entry near this point. Exit price for ARB should be set @$18.773 & Stoploss for Arb Corporation should be set between $18.113 & $17.956

Recent trading for Arb Corporation fell short of the previous volume by -18
Volume /
Recent trading for Arb Corporation fell short of the previous volume by -18

[BEARISH]: Arb Corporation current volume downtrend in the first timeframe. Volume for ARB is75365 (-18).

MACD /
Arb Corporation: MACD oscillator (0.058000)

[BULLISH]: Arb Corporation currently has positive MACD of 0.058000. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 0.4%.

Average Directional Movement /
Average Directional Index for Arb Corporation has signalled a weak trend is active

[Weak Trend]: ADX for ARB has confirmed a weak trend is presentArb Corporation has an ATR(14) of 0.444, a DX of 9.61 & an ADX(14) of 19.03

Fibonacci Extensions /
Arb Corporation has moved above the 161.8% extension level ($5.23) [Bearish]

Arb Corporation: The current Fibonacci Extension levels are: (23.61%) $18.47: (38.2%) $18.24: (50%) $18.06: (61.8%) $17.88The current support levels are: (78.6%) $17.61: (100%) $17.28: (138.2%) $16.68: (161.8%) $16.32: (261.8%) $14.76: (423.61%) $12.23

Close Tod Vs Close Yest /
Closing price for Arb Corporation has seen buyers win the daily battle for performance @ 1%

[BULLISH]: Arb Corporationbuyers are currently keener than sellers and are driving the price up. This is the first day of price rise for ARB adding strength to an uptrend change in the first timeframe. The biggest upward movement this month has been 2.7 & the greatest daily positive change this year has been 2.7. The longest consecutive upswing rally over the last 12 months has been 7 days giving a total rally upward movement of 7.4%. This quarter, the largest upswing rally has been 2 days giving a total rally upward movement of 4.5%. The win 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 upward movement has been 1.8%

Arb Corporation: Positive divergence confirmed from CMF Crossover
Chaikin Money Flow /
Arb Corporation: Positive divergence confirmed from CMF Crossover

ARB: Chaikin Oscillator Current Signal -> (1) 19 Feb: BULLISH CROSSOVER (2) 16 Feb: NEUTRAL (3) 15 Feb: NEUTRAL

Volume MACD oscillator remains negative for ARB
MACD Volume /
Volume MACD oscillator remains negative for ARB

[BEARISH]: Arb Corporation currently has negative Volume MACD of -21956. This means the signal line is less than the Volume MACD line signalling a bearish movement.

Ease of Movement /
Price was easily moved upward in recent trading on low volume causing an uptrend in price for ARB

ARB: EOM Current Signal -> (1) 19 Feb: BULLISH EASY (2) 16 Feb: BULLISH EASY (3) 15 Feb: BULLISH EASY

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