ARCH CAPITAL GROUP

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	ACGL
ISIN:	BMG0450A1053

ARCH CAPITAL GROUP - 1H - Technical analysis published on 10/25/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

72%

22%

My opinion

Bullish above 83.73 USD

My targets

85.32 USD (+0.70%)

86.62 USD (+2.23%)

My analysis

ARCH CAPITAL GROUP is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 83.73 USD. The next resistance located at 85.32 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 86.62 USD. After this resistance, buyers could then target 87.51 USD.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.4

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

ARCH CAPITAL GROUP rating 84.73 USD. On the day, this instrument gained +1.57% with the lowest point at 83.27 USD and the highest point at 84.73 USD. The deviation from the price is +1.75% for the low point and 0% for the high point.

83.27

84.73

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by ARCH CAPITAL GROUP:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this ARCH CAPITAL GROUP chart shows a bullish trend. The signals returned by the moving averages are 75.00% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	80.26	82.27	83.73	84.73	85.32	86.62	87.51
Change (%)	-5.28%	-2.90%	-1.18%	-	+0.70%	+2.23%	+3.28%
Change	-4.47	-2.46	-1.00	-	+0.59	+1.89	+2.78
Level	Intermediate	Major	Major	-	Minor	Intermediate	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	81.08	81.69	82.55	83.16	84.02	84.63	85.49
Camarilla	83.02	83.15	83.29	83.42	83.56	83.69	83.82
Woodie	81.22	81.75	82.69	83.22	84.16	84.69	85.63
Fibonacci	81.69	82.25	82.60	83.16	83.72	84.07	84.63

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	74.76	78.26	80.51	84.01	86.26	89.76	92.01
Camarilla	81.18	81.71	82.23	82.76	83.29	83.81	84.34
Woodie	74.14	77.95	79.89	83.70	85.64	89.45	91.39
Fibonacci	78.26	80.46	81.81	84.01	86.21	87.56	89.76

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	69.70	72.69	76.20	79.19	82.70	85.69	89.20
Camarilla	77.92	78.52	79.11	79.71	80.31	80.90	81.50
Woodie	69.96	72.82	76.46	79.32	82.96	85.82	89.46
Fibonacci	72.69	75.17	76.71	79.19	81.67	83.21	85.69

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	60.09
MACD (12,26,9):	-0.0600
Directional Movement:	10.10
AROON (14):	64.29
DEMA (21):	83.18
Parabolic SAR (0,02-0,02-0,2):	82.18
Elder Ray (13):	0.86
Super Trend (3,10):	82.15
Zig ZAG (10):	84.48
VORTEX (21):	1.1300
Stochastique (14,3,5):	87.64
TEMA (21):	83.43
Williams %R (14):	-2.58
Chande Momentum Oscillator (20):	1.99
Repulse (5,40,3):	1.4600
ROCnROLL:	1
TRIX (15,9):	-0.0700
Courbe Coppock:	2.26

MA7:	84.06
MA20:	82.56
MA50:	79.66
MA100:	77.51
MAexp7:	83.67
MAexp20:	83.41
MAexp50:	83.66
MAexp100:	83.21
Price / MA7:	+0.80%
Price / MA20:	+2.63%
Price / MA50:	+6.36%
Price / MA100:	+9.31%
Price / MAexp7:	+1.27%
Price / MAexp20:	+1.58%
Price / MAexp50:	+1.28%
Price / MAexp100:	+1.83%

Quotes : - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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