ARC Document Solutions Inc Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
![Bollinger Bottleneck Buy Pattern 1](https://stockinvest.us/assets/img/legend/boll_tight.gif?v=9c477529db2857fdd0fe37e6230326b11249550d)
![Bollinger Bottleneck Buy Pattern 2](https://stockinvest.us/assets/img/legend/boll_tight2.gif?v=9c477529db2857fdd0fe37e6230326b11249550d)
![Bollinger Bottleneck Sell Pattern](https://stockinvest.us/assets/img/legend/boll_tight3.gif?v=9c477529db2857fdd0fe37e6230326b11249550d)
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
ARC Document Solutions Inc stock downgraded to Sell Candidate
(Updated on Jul 02, 2024)
The ARC Document Solutions Inc stock price fell by -2.01% on the last day (Tuesday, 2nd Jul 2024) from $2.98 to $2.92. During the last trading day the stock fluctuated 3.44% from a day low at $2.91 to a day high of $3.01. The price has risen in 6 of the last 10 days and is up by 11.45% 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 -396 thousand shares and in total, 158 thousand shares were bought and sold for approximately $460.34 thousand.
The stockis at the upper part of a wide and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $2.98 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect ARC Document Solutions Inc stock with a 90% probability to be traded between $2.60 and $3.00 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
ARC Signals & Forecast
The ARC Document Solutions Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $2.71 and $2.70. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, July 01, 2024, and so far it has fallen -2.01%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The stock had a Golden Star Signal on Tuesday, April 16, 2024 in the short-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star
The stock had a Golden Star Signal on Tuesday, April 16, 2024 in the short-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for ARC Document Solutions Inc stock
On the downside, the stock finds support just below today's level from accumulated volume at $2.67 and $2.66. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, ARC Document Solutions Inc finds support just below today's level at $2.67. If this is broken, then the next support from accumulated volume will be at $2.66 and $2.65.
This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.1000 between high and low, or 3.44%. For the last week the stock has had daily average volatility of 3.63%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ARC) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect ARC Document Solutions Inc to open at $2.95, and during the day (based on 14 day Average True Range), to move between $2.83 and $3.01, which gives a possible trading interval of +/-$0.0859 (+/-2.94%) up or down from last closing price. If ARC Document Solutions Inc takes out the full calculated possible swing range there will be an estimated 5.88% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $2.98 (2.05%) than the support at $2.67 (8.56%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is ARC Document Solutions Inc stock A Buy?
ARC Document Solutions Inc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, 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 Hold/Accumulate to a Sell candidate.
Current score: -2.509 Sell Candidate Downgraded
Predicted Opening Price for ARC Document Solutions Inc of Wednesday, July 3, 2024
Fair opening price July 3, 2024 | Current price |
---|---|
$2.95 ( 0.91%) | $2.92 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ARC
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 3.05 | 4.34% |
R2 | 3.01 | 3.03% |
R1 | 2.98 | 2.22% |
Price | 2.92 | |
S1 | 2.91 | -0.395% |
S2 | 2.88 | -1.20% |
S3 | 2.85 | -2.51% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0 | - |
R2 | 0 | - |
R1 | 2.98 | 2.05% |
Price | 2.92 | |
S1 | 2.67 | -8.56% |
S2 | 2.66 | -8.90% |
S3 | 2.65 | -9.25% |
ARC Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Jul 31, 2024 | Jul 31, 2024 | Aug 30, 2024 | $0.0500 | 1.71% |
2 | May 06, 2024 | Jul 30, 2024 | Aug 30, 2024 | $0.0500 | 1.71% |
3 | Feb 26, 2024 | Apr 29, 2024 | May 31, 2024 | $0.0500 | 1.87% |
4 | Dec 06, 2023 | Jan 30, 2024 | Feb 29, 2024 | $0.0500 | 1.85% |
5 | Jul 28, 2023 | Oct 30, 2023 | Nov 30, 2023 | $0.0500 | 1.77% |
FAQ
Click here for our free guide on how to buy ARC Document Solutions Inc Stock.