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Today ACGL ranks #11978 as sell candidate. Get a Free Stock at Robinhood
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Arch Capital Group Ltd. Stock Forecast NASDAQ:ACGL

$41.89 (-4.34%)

Volume: 1M

Closed: Nov 26, 2021

Hollow Logo Score: -4.425

Arch Capital Group Ltd. Stock Forecast

$41.89 (-4.34%)

Volume: 1M

Closed: Nov 26, 2021

Score Hollow Logo -4.425
Which way will ACGL go? Request
Key Stats
P/E Ratio 8.03
Beta 0.99
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 41 and the stock is currently not being overbought or oversold

Weaker technical forecast for Arch Capital Group Ltd. as stock downgraded to Sell Candidate.
(Updated on Nov 26, 2021)


Sell candidate since 2021-11-26

The Arch Capital Group Ltd. stock price fell by -4.34% on the last day (Friday, 26th Nov 2021) from $43.79 to $41.89. During the day the stock fluctuated 2.13% from a day low at $41.78 to a day high of $42.67. The price has risen in 7 of the last 10 days and is up by 1.01% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -113 thousand shares and in total, 1 million shares were bought and sold for approximately $50.99 million.

The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 10.53% during the next 3 months and, with a 90% probability hold a price between $45.13 and $48.47 at the end of this 3-month period.

Signals & Forecast

There are few to no technical positive signals at the moment. The Arch Capital Group Ltd. stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $42.63 and $42.37. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, November 24, 2021, and so far it has fallen -4.34%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss

Arch Capital Group Ltd. finds support from accumulated volume at $41.47 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.89 between high and low, or 2.13%. For the last week the stock has had a daily average volatility of 2.03%.

Our recommended stop-loss: We hold an negative evaluation for this stock. No stop-loss is set.

Is Arch Capital Group Ltd. stock A Buy?

The Arch Capital Group Ltd. stock holds several negative signals and despite the positive trend, we believe Arch Capital Group Ltd. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Sell candidate.

Current score: -4.425

Predicted Opening Price for Arch Capital Group Ltd. of Monday, November 29, 2021

The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Fair opening price November 29, 2021 Current price
$42.11 $41.89 (Undervalued)
Sell Candidate Downgraded

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Analyst Ratings

On Oct 29, 2021 "Barclays" gave "$45.00 - $50.00" rating for ACGL. The price target was changed from $42.04 to 0.7%.

Volatility and Risk
Daily Average Volatility: 2.03 %
Overall Risk: Very High High Medium Low Very Low
Volatility
2.03 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $42.02
Price: $41.89
Support: $41.47

ACGL Insider Trading Show all Trades

INSIDER POWER

2.110

Last 100 transactions
Buy: 1 846 451 | Sell: 875 101 (Shares)
Date Action Amount Person Type
Nov 18, 2021 Sell 40 200 Petrillo Louis T Share Appreciation Right
Nov 18, 2021 Sell 12 567 Petrillo Louis T Common Shares, $.0011 par value per share
Nov 16, 2021 Sell 27 633 Petrillo Louis T Common Shares, $.0011 par value per share
Nov 16, 2021 Buy 40 200 Petrillo Louis T Common Shares, $.0011 par value per share
Nov 16, 2021 Sell 3 000 Morin Francois Share Appreciation Right
Show all Insider Trades
INSIDER POWER

2.110

Last 100 transactions
Buy: 1 846 451 | Sell: 875 101 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 43.00 2.66 %
42.66 1.85 %
42.45 1.34 %
Current price: 41.89
Support 41.77 -0.28 %
41.56 -0.78 %
41.22 -1.59 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 42.80 2.17 %
42.36 1.12 %
42.02 0.31 %
Current price 41.89
Support 41.47 -1.00%
39.18 -6.47%
38.18 -8.86%

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About Arch Capital Group Ltd.

Arch Capital Group Ltd Arch Capital Group Ltd., together with its subsidiaries, provides property, casualty, and mortgage insurance and reinsurance products worldwide. Its Insurance segment offers primary and excess casualty coverages; loss sensitive primary casualty insurance programs; collateral protection, debt cancellation, and service contract reimbursement products; directors’ and officers’ liability, errors and omissions liability, employment practices and fid... Read more

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