Londinia Opportunities Analyses - 11/11/2024 (GMT) ARLO TECHNOLOGIES INC. - 1H
- U.S. Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 12.02 USD
My targets
12.45 USD (+2.47%)
13.03 USD (+7.24%)
My analysis
The bullish trend is currently very strong on ARLO TECHNOLOGIES INC.. As long as the price remains above the support at 12.02 USD, you could try to benefit from the boom. The first bullish objective is located at 12.45 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 13.03 USD as an objective. Crossing it would then enable buyers to target 14.26 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
0
10
8
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The ARLO TECHNOLOGIES INC. rating is 12.15 USD. On the day, this instrument gained +1.93% and was traded between 11.68 USD and 12.21 USD over the period. The price is currently at +4.02% from its lowest and -0.49% from its highest.11.68
12.21
12.15
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this ARLO TECHNOLOGIES INC. chart shows a strongly 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 12 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 10.99 | 11.40 | 12.02 | 12.15 | 12.45 | 13.03 | 14.26 |
| Change (%) | -9.55% | -6.17% | -1.07% | - | +2.47% | +7.24% | +17.37% |
| Change | -1.16 | -0.75 | -0.13 | - | +0.30 | +0.88 | +2.11 |
| Level | Intermediate | Major | Minor | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.48 | 9.20 | 10.56 | 11.28 | 12.64 | 13.36 | 14.72 |
| Camarilla | 11.35 | 11.54 | 11.73 | 11.92 | 12.11 | 12.30 | 12.49 |
| Woodie | 8.80 | 9.36 | 10.88 | 11.44 | 12.96 | 13.52 | 15.04 |
| Fibonacci | 9.20 | 10.00 | 10.49 | 11.28 | 12.08 | 12.57 | 13.36 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.88 | 8.90 | 10.41 | 11.43 | 12.94 | 13.96 | 15.47 |
| Camarilla | 11.22 | 11.46 | 11.69 | 11.92 | 12.15 | 12.38 | 12.62 |
| Woodie | 8.13 | 9.02 | 10.66 | 11.55 | 13.19 | 14.08 | 15.72 |
| Fibonacci | 8.90 | 9.87 | 10.46 | 11.43 | 12.40 | 12.99 | 13.96 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.19 | 8.60 | 9.38 | 10.79 | 11.57 | 12.98 | 13.76 |
| Camarilla | 9.56 | 9.76 | 9.96 | 10.16 | 10.36 | 10.56 | 10.76 |
| Woodie | 6.88 | 8.44 | 9.07 | 10.63 | 11.26 | 12.82 | 13.45 |
| Fibonacci | 8.60 | 9.44 | 9.95 | 10.79 | 11.63 | 12.14 | 12.98 |
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): | 60.66 | |
| MACD (12,26,9): | 0.1900 | |
| Directional Movement: | 6.22 | |
| AROON (14): | -7.15 | |
| DEMA (21): | 11.99 | |
| Parabolic SAR (0,02-0,02-0,2): | 10.14 | |
| Elder Ray (13): | 0.23 | |
| Super Trend (3,10): | 11.10 | |
| Zig ZAG (10): | 12.10 | |
| VORTEX (21): | 1.2100 | |
| Stochastique (14,3,5): | 84.39 | |
| TEMA (21): | 11.99 | |
| Williams %R (14): | -13.83 | |
| Chande Momentum Oscillator (20): | 1.59 | |
| Repulse (5,40,3): | 2.6800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2100 | |
| Courbe Coppock: | 1.37 |
| MA7: | 11.42 | |
| MA20: | 11.24 | |
| MA50: | 11.37 | |
| MA100: | 12.61 | |
| MAexp7: | 11.94 | |
| MAexp20: | 11.74 | |
| MAexp50: | 11.43 | |
| MAexp100: | 11.27 | |
| Price / MA7: | +6.39% | |
| Price / MA20: | +8.10% | |
| Price / MA50: | +6.86% | |
| Price / MA100: | -3.65% | |
| Price / MAexp7: | +1.76% | |
| Price / MAexp20: | +3.49% | |
| Price / MAexp50: | +6.30% | |
| Price / MAexp100: | +7.81% |
Quotes :
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