Arch Capital Technical Analysis (NASDAQ:ACGL)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. Just by looking at the Arch Capital stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the ACGL stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Arch Capital. The technical analysis form of Arch Capital stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Arch Capital Moving Average
Moving averages help predict the price direction of ACGL stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $87.21 is above the price of $85.94.
Arch Capital Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Arch Capital. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the lower band in the context of Arch Capital bollinger bands.
Arch Capital Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Arch Capital MACD indicator can be used to identify bullish and bearish trends for the stock.
Arch Capital Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 41.8 is the RSI value of ACGL stock.