Arb Corporation (ARB.AX)
Signal Strength: MEDIUM
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading position.
Arb Corporation (ASX:ARB) current pivot point is: $ 17.61.
The current resistance levels are:
The current support levels are:
Pivots Points are significant levels chartists can use to determine directional movement support and resistance. Pivot Points use the prior period’s high low and close to formulate future support and resistance. In this regard Pivot Points are predictive or leading indicators.
Calculation: Pivot Points:
1) Pivot Point (P) = (High + Low + Close)/3;
2) Support 1 (S1) = (P x 2) – High; Support 2 (S2) = P - (High - Low);
3) Resistance 1 (R1) = (P x 2) – Low Resistance 2; (R2) = P + (High - Low);
PROFILE: Arb Corporation (ARB.AX)
Stock Exchange: ASX
Company: Arb Corporation
Ticker Codes: | ARB.AX | ASX:ARB |
ARB Corporation Limited designs, manufactures, distributes, and sells motor vehicle accessories and light metal engineering works in Australia, the United States, Thailand, the Middle East, and Europe. The company provides protection equipment, including bull bars and frontal protection, side rails and protection steps, rear protection equipment, and under vehicle protection products; recovery equipment, such as warn winches, bushranger winches, smittybilt winches, recovery points, straps and accessories, jacks and accessories, recovery kits and bags, and other recovery essentials. It also offers nitrocharger sports, springs, and steering and hardware products; vehivle lighting products comprising LED light bars and driving lights, and IPF lighting products and accessories; Canopies and Ute Lids, sport lids, and sportguard Ute liners; roof racks and roof bars; and drawers and cargo barriers; and batteries, auxiliary battery kits, battery management products, and solar products. In addition, the company offers general accessories, such as first aid kits, apparel and promotional items, tire accessories, fuel and water tanks, free wheeling hubs, tow bars and accessories, rear bars and wheel carriers, air compressors, power tanks, bushpaks, wagon liners, spare wheel covers, side steps, navigators, radios, aftermarket seats, reversing cameras, seat covers, and other accessories. It serves stockists, vehicle dealers, and various fleet operators. The company operates approximately 61 ARB stores in Australia. ARB Corporation Limited was founded in 1975 and is headquartered in Kilsyth, Australia.
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