RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ARWR
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Green day on Friday for Arrowhead Research Corporation stock after gaining 0.85%
(Updated on May 24, 2024)

Buy or Hold candidate since May 15, 2024 Loss -0.64% PDF

The Arrowhead Research Corporation stock price gained 0.85% on the last trading day (Friday, 24th May 2024), rising from $24.67 to $24.88. During the last trading day the stock fluctuated 3.43% from a day low at $24.46 to a day high of $25.30. The price has risen in 6 of the last 10 days and is up by 12.68% over the past 2 weeks. Volume fell on the last day by -233 thousand shares and in total, 543 thousand shares were bought and sold for approximately $13.51 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -27.13% during the next 3 months and, with a 90% probability hold a price between $13.52 and $19.49 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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ARWR Signals & Forecast

The Arrowhead Research Corporation stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $24.90. On a fall, the stock will find some support from the long-term average at approximately $24.05. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. A buy signal was issued from a pivot bottom point on Thursday, April 25, 2024, and so far it has risen 13.76%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Arrowhead Research Corporation stock

On the downside, the stock finds support just below today's level from accumulated volume at $22.91 and $22.08. 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, Arrowhead Research Corporation finds support just below today's level at $22.91. If this is broken, then the next support from accumulated volume will be at $22.08 and $22.06.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.84 between high and low, or 3.43%. For the last week, the stock has had daily average volatility of 3.36%.

Our recommended stop-loss: $24.00 (-3.54%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 59 days ago.)

Trading Expectations (ARWR) For The Upcoming Trading Day Of Tuesday 28th

For the upcoming trading day on Tuesday, 28th we expect Arrowhead Research Corporation to open at $24.88, and during the day (based on 14 day Average True Range), to move between $23.67 and $26.09, which gives a possible trading interval of +/-$1.21 (+/-4.88%) up or down from last closing price. If Arrowhead Research Corporation takes out the full calculated possible swing range there will be an estimated 9.75% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $25.00 (0.48%) than the support at $22.91 (7.92%), 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 Arrowhead Research Corporation stock A Buy?

Arrowhead Research Corporation holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.765 Hold/Accumulate Unchanged

Predicted Opening Price for Arrowhead Research Corporation of Tuesday, May 28, 2024

Fair opening price May 28, 2024 Current price
$24.88 ( 0%) $24.88

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

Trading levels for ARWR

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 25.72 3.38 %
R2 25.40 2.09 %
R1 25.20 1.29 %
Current price: 24.88
Support S1 24.56 -1.29 %
S2 24.36 -2.09 %
S3 24.04 -3.38 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 29.40 18.17 %
R2 28.28 13.67 %
R1 25.00 0.482 %
Current price 24.88
Support S1 22.91 -7.92%
S2 22.08 -11.25%
S3 22.06 -11.33%

FAQ

What is the symbol for Arrowhead Research Corporation Stock and on which exchange is it traded?
The symbol for Arrowhead Research Corporation is ARWR and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Arrowhead Research Corporation Stock?
Arrowhead Research Corporation holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Arrowhead Research Corporation Stock?
Arrowhead Research Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Arrowhead Research Corporation Stock.

What's the current price of Arrowhead Research Corporation Stock?
As of the end of day on the May 24, 2024, the price of an Arrowhead Research Corporation (ARWR) share was $24.88.

What is the 52-week high and low for Arrowhead Research Corporation Stock?
The 52-week high for Arrowhead Research Corporation Stock is $39.83 and the 52-week low is $20.67.

What is the market capitalization of Arrowhead Research Corporation Stock?
As of the May 24, 2024, the market capitalization of Arrowhead Research Corporation is 3.09B.

When is the next earnings date for Arrowhead Research Corporation?
The upcoming earnings date for Arrowhead Research Corporation is Aug 05, 2024.
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About Arrowhead Research Corporation

Arrowhead Research Arrowhead Pharmaceuticals, Inc. develops medicines for the treatment of intractable diseases in the United States. The company's products in pipeline includes ARO-AAT, a RNA interference (RNAi) therapeutic candidate that is in Phase II clinical trial for the treatment of liver diseases associated with alpha-1 antitrypsin deficiency; ARO-APOC3, which is in phase 2b and one phase 3 clinical trial to treat hypertriglyceridemia; ARO-ANG3 that is in P... ARWR Profile

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