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 - Daily - Technical analysis published on 05/15/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

56%

11%

33%

My opinion

Bullish above 93.85 USD

My targets

101.74 USD (+3.98%)

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 93.85 USD. The next resistance located at 101.74 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.5

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.

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Additional analysis

Quotes

The ARCH CAPITAL GROUP price is 97.84 USD. On the day, this instrument lost -0.06% and was traded between 97.32 USD and 98.39 USD over the period. The price is currently at +0.53% from its lowest and -0.56% from its highest.

97.32

98.39

97.84

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

The Central Records scanner for higher/lower results shows the following items:

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

Technical analysis of ARCH CAPITAL GROUP in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 10 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near horizontal support

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	81.40	90.00	93.85	97.84
Change (%)	-16.80%	-8.01%	-4.08%	-
Change	-16.44	-7.84	-3.99	-
Level	Minor	Major	Major	-

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	96.34	96.81	97.36	97.83	98.38	98.85	99.40
Camarilla	97.62	97.71	97.81	97.90	97.99	98.09	98.18
Woodie	96.37	96.83	97.39	97.85	98.41	98.87	99.43
Fibonacci	96.81	97.20	97.44	97.83	98.22	98.46	98.85

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	90.15	92.46	96.25	98.56	102.35	104.66	108.45
Camarilla	98.37	98.93	99.49	100.05	100.61	101.17	101.73
Woodie	90.90	92.83	97.00	98.93	103.10	105.03	109.20
Fibonacci	92.46	94.79	96.23	98.56	100.89	102.33	104.66

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	84.40	86.81	90.18	92.59	95.96	98.37	101.74
Camarilla	91.95	92.48	93.01	93.54	94.07	94.60	95.13
Woodie	84.87	87.05	90.65	92.83	96.43	98.61	102.21
Fibonacci	86.81	89.02	90.39	92.59	94.80	96.17	98.37

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	61.02
MACD (12,26,9):	1.9200
Directional Movement:	10.43
AROON (14):	57.14
DEMA (21):	98.33
Parabolic SAR (0,02-0,02-0,2):	95.65
Elder Ray (13):	0.94
Super Trend (3,10):	94.91
Zig ZAG (10):	97.82
VORTEX (21):	1.1700
Stochastique (14,3,5):	71.09
TEMA (21):	98.96
Williams %R (14):	-29.46
Chande Momentum Oscillator (20):	6.57
Repulse (5,40,3):	-0.5000
ROCnROLL:	1
TRIX (15,9):	0.2600
Courbe Coppock:	12.21

MA7:	98.64
MA20:	95.34
MA50:	92.82
MA100:	87.00
MAexp7:	97.90
MAexp20:	95.90
MAexp50:	92.73
MAexp100:	89.11
Price / MA7:	-0.81%
Price / MA20:	+2.62%
Price / MA50:	+5.41%
Price / MA100:	+12.46%
Price / MAexp7:	-0.06%
Price / MAexp20:	+2.02%
Price / MAexp50:	+5.51%
Price / MAexp100:	+9.80%

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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