ARC Group Worldwide Forecast and Stock Analysis
Technical ARCW stock analysis for Friday June 14, 2019.
ARC Group Worldwide fell by -7.08% in the last day ( Friday, 14th Jun 2019 ) from $0.53 to $0.49 and has now fallen 3 days in a row. During day the stock fluctuated 11.34% from a day low at $0.49 to a day high of $0.54. The price has fallen in 4 of the last 10 days and is down by -1.5% for this period. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -68 107 shares and in total 28 512 shares bought and sold for approximately $14 042.20.
- 30 day high of the ARCW stock price was $0.60 and low was $0.45.
- 90 day high was $1.02 and low was $0.45.
- 52 week high for the ARC Group Worldwide - $2.60 and low - $0.45.
ARC Group Worldwide lies the upper part of a very wide and falling trend in the short term, and this will normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $0.52 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -53.65% during the next 3 months and, with 90% probability hold a price between $0.13 and $0.24 at the end of this period.
There are few to none technical positive signals at the moment. ARC Group Worldwide holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $0.53 and $0.58. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Wednesday June 12, 2019, which indicates further falls 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 very low volume increases the risk and reduces the other technical signals issued.
Relative Strength Index (RSI)
RSI14 is 46 and the stock is currently not being overbought or oversold
Support & Resistance
ARC Group Worldwide finds support from accumulated volume at $0.49.
This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.06 between high and low, or 11.34%. For the last week the stock has had a daily average volatility of 14.23%.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
14.23 %Average volatility
Very Low Low Medium High Very High
ARC Group Worldwide holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
|Golden Star Signal|
Get competitive edge
The signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives a very good return. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!
Get access to Golden Star list now
|ARCW $0.49 ($-0.04 -7.08%)|
ARCW is down $0.04 today, but where's it headed in 2019?
|Zacks Investment Research is releasing its prediction for ARCW based on the 1-3 month system that more than doubles the S&P 500.
This report is free today for StockInvest.us readers.
Click here – the ARCW analysis is free »
From Our Blog
- Trading With Moving Average
- Pivot Points
- Accumulated Volume - Support and Resistance
- Volume - The Indicator You Really Need to Know
- We Give Back!
- Better Buy: Amazon vs. Facebook
- Better Buy: Apple vs. Microsoft
- Relative Strength Index (RSI)
- How to Lose Money When Trading: Part 2
- How to Lose Money When Trading: A Trader is Born
- Our 2017 Christmas Donation
- The Golden Star
- Announcing Partnership With CityFALCON
- Why correct moving average matters
- NASDAQ down -4.17%. Our portfolio is up +8.56%
- New Feature Added: Golden Star Signal
- Pick a Winner With StockInvest.us