Friday June 14, 2019 Change -7.08% Price $0.49
Chart period: 2019-03-15 - 2019-06-14
VOLUME
Sell
TREND
Sell
MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Buy

Will ARCW stock price go up or down on Mon, 17 Jun 2019?

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ARC Group Worldwide Forecast and Stock Analysis

Technical ARCW stock analysis for Friday June 14, 2019.

Sell candidate since 2019-04-02 Loss -46.70%


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.

Quick summary:

  • 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.

Trend

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.

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Signals

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.

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A sell signal from a double bottom formation was found on Wednesday June 12, 2019 with a target of $0.52. Despite the objective of the signal formation has been reached the stock may continue to fall.

Relative Strength Index (RSI)

RSI14 is 46 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

ARC Group Worldwide finds support from accumulated volume at $0.49.

Support: $0.49 Price: $0.49 Resistance: $0.52

Risk

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

Overall risk:

Very Low Low Medium High Very High

Evaluation:

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.

Sell Candidate Downgraded

Will ARCW stock price go up or down on Mon, 17 Jun 2019?

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