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

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

[BULLISH]: Arb Corporation currently has positive rate of change of 9.401%. 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

Arb Corporation: Daily price range is $0.37 [Decreasing Range]
Price Range /
Arb Corporation: Daily price range is $0.37 [Decreasing Range]

[BEARISH]: Arb Corporation current downtrend in the first timeframe. Currently, the Range is $0.37.

Opening Price /
Recent trading for Arb Corporation has opened -2.7 % lower than previous session

[BEARISH]: Arb Corporation opening price has gapped down. Currently, the OPEN is $23.3 (-2.7 %).

Low Price /
Arb Corporation: Daily low performance is -0.8 % [Downtrend]

[BULLISH]: Arb Corporation current downtrend in the first timeframe. Currently, the Low is $23.26 (-0.8 %).

Percentage Volume /
Arb Corporation: Percentage Volume Oscillator (10.91)

[BULLISH]: Arb Corporation currently has positive PVO 10.91%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 8.3%.

Closing Price /
Close for ARB has not surpassed the close of the previous trading session

[BEARISH]: Arb Corporation current downtrend in the first timeframe. Currently, the Close is $23.39.

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Short Trend /
Daily bar has closed the day with an Downtrend for ARB

ARB: Daily Trend Current Signal -> (1) 22 Jun: BEARISH CONFIRM (2) 21 Jun: BULLISH (3) 20 Jun: BULLISH

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

ARB: WMA Current Signal -> (1) 22 Jun: BULLISH (2) 21 Jun: BULLISH (3) 20 Jun: BULLISH

Arb Corporation is still overbought with the Upper Envelope Band @$23.2785
Moving Average Envelope /
Arb Corporation is still overbought with the Upper Envelope Band @$23.2785

[BEARISH]: Arb Corporation current trading has maintained the Envelope Bands to overbought status and signalled the continuation of the bearish trading conditions. Currently, the Upper Band is 23.2785.

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

[BEARISH]: Arb Corporation UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 1.15.

Chaikin Money Flow /
CMF has positive divergence between price and volume

[BULLISH]: Arb Corporation current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.17. ARB received a confirmed CMF crossover days on the Jun 7 2018. The bullish signal has been active for 0 day. During the quarter, the highest CMF value was 0.28 occurring on the Jun 7 2018.

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

[BULLISH WEAK]: Arb Corporation opened in the lower part of daily range at 10.8% & closed in the middle part of the trading range at 35.1%. This suggests the buyers have lost commitment. Over the last 12 months there has been 34 trading days with the opening price in the lower shadow & the closing the price in the middle shadow giving a confirmation ratio of 12.9%. Over the last month there has been 5 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 33.3%.

[Uptrend]: The second timeframe trend for Arb Corporation remains intact
Medium Trend /
[Uptrend]: The second timeframe trend for Arb Corporation remains intact

[BULLISH]: Arb Corporation has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Jun 14 2018.

Pivot point for ARB is bearish. Stoploss should be positioned @$23.797
Pivot Points /
Pivot point for ARB is bearish. Stoploss should be positioned @$23.797

Arb Corporation has broken the first support point ($23.224) [Bearish]. Look for a short limit order entry near this point. Exit price for ARB should be set @$23.057 & short position stoploss for Arb Corporation should be set between $23.797 & $23.964

High Price /
High for ARB has not surpassed the high of the previous trading session

ARB: HIGH Current Signal -> (1) 22 Jun: BEARISH (2) 21 Jun: BULLISH (3) 20 Jun: BULLISH

Bollinger Bands /
Bollinger Band Overbought signal is still current for Arb Corporation [Bearish]

[BEARISH]: Arb Corporation is currently Overbought highlighting the potential for a short term trend reversal in the downward direction. The current level is 100.27% with a current width of 11.97.

White Candle /
ARB Basic Candle: White

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

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 -0.5%.

Arb Corporation: Average Directional Index (37.77) has confirmed a strong trend is present
Average Directional Movement /
Arb Corporation: Average Directional Index (37.77) has confirmed a strong trend is present

[Trend]: ADX for ARB has confirmed a strong trend is present. Arb Corporation has an ATR(14) of 0.497, a DX of 47.77 & an ADX(14) of 37.77

Arb Corporation is no longer overbought with the William %R @-21
Williams %R /
Arb Corporation is no longer overbought with the William %R @-21

ARB: William %R Recent Trading -> (1) 22 Jun: -21 (2) 21 Jun: -16.3 (3) 20 Jun: -1.1

Commodity Channel Index /
Potential continuation of a trend reversal (Bearish) for Arb Corporation

[BEARISH]: Arb Corporation current trading has maintained the Commodity Channel Index to overbought status and signalled the continuation of the bearish trading conditions. Currently, the CCI is 186. The bearish signal has been active for 0 day. During the quarter, the highest CCI value was 313.

Daily Volume Index /
ARB: Current trading activity signals DVI accumulation is active

[BULLISH]: Arb Corporation current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 291.

Elder Ray Index /
[Bullish]: Elder Ray Index is 1.07 indicating bull power

[BULLISH]: Arb Corporation Elder Ray Index is signalling a Bullish movementERI is 1.07 indicating bull power. Prices are being driven above the consensus of value for ARB during the last trading session [Buying Pressure]

Accumulation / Distribution /
Arb Corporation: Accumulation Distribution Line (-347659)

[BEARISH]: Arb Corporation current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -347659.

[Bullish]: SWMA(5) is serving as a support line for Arb Corporation
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 -0.5%.

Daily trading performance for ARB has initiated a short term downtrend
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 -2.0 & 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 -3.7%. 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 1.1x. Over the last month the average daily downward movement has been -0.900000%

Momentum /
Arb Corporation currently has positive momentum of 1.28

ARB: MOM Current Signal -> (1) 22 Jun: BULLISH (2) 21 Jun: BULLISH (3) 20 Jun: BULLISH

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