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(ARCOTECH_BE) Arcotech complete technical analysis [charts+indicators] | Buy/Sell Arcotech | (ARCOTECH_BE) share price targets

Complete technical analysis of Arcotech (ARCOTECH_BE) by charts plus indicators, forecast predictions and share price targets for Arcotech (ARCOTECH_BE)

10 day averaged volume of Arcotech is 48961

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Dec 2020	2.80	2.90	2.90	2.70	0.95 times
23 Wed Dec 2020	2.80	2.75	2.80	2.65	0.696 times
22 Tue Dec 2020	2.70	2.80	2.80	2.70	0.581 times
21 Mon Dec 2020	2.80	3.00	3.00	2.80	1.095 times
18 Fri Dec 2020	2.90	2.95	3.05	2.85	2.97 times
17 Thu Dec 2020	2.95	3.00	3.20	2.90	1.777 times
09 Mon Nov 2020	1.90	2.05	2.05	1.90	0.217 times
06 Fri Nov 2020	2.00	2.05	2.05	1.95	0.161 times
05 Thu Nov 2020	2.00	2.10	2.10	1.95	0.187 times
04 Wed Nov 2020	2.05	1.95	2.10	1.95	1.581 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2.6, but if it comes below 2.6, then a intra day sell could be more profitable.
If you take a sell trade below 2.6, then use 2.6 as stoploss and 2.23 as target. However if you take a buy trade in stock , then use 2.6 as stoploss and 3.1 as target.

Share price targets for Arcotech (ARCOTECH_BE)

Target Type	Value
Downside Target	1.85
Downside Target	1.90
Downside Target	2.00
Downside Target	2.05
Downside Target	2.10
Downside Target	2.15
Downside Target	2.65
Downside Target	2.70
Upside Target	3.00
Upside Target	3.20
Upside Target	3.35

Intraday share price targets for Arcotech (ARCOTECH_BE)

Target Type	Value
Downside Intraday Target	2.63
Downside Intraday Target	2.47
Upside Intraday Target	2.98
Upside Intraday Target	3.17
Upside Intraday Target	2.82

Weekly technical analysis of Arcotech (ARCOTECH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Dec 2020	2.80	3.00	3.00	2.65	0.669 times
18 Fri Dec 2020	2.90	2.05	3.20	1.90	1.264 times
06 Fri Nov 2020	2.00	1.95	2.10	1.90	1.074 times
30 Fri Oct 2020	2.00	1.95	2.10	1.90	1.408 times
23 Fri Oct 2020	1.95	1.90	2.00	1.85	1.265 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Arcotech (ARCOTECH_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Thu Dec 2020	2.80	3.00	3.20	2.65	1.947 times
09 Mon Nov 2020	1.90	1.95	2.10	1.90	0.353 times
30 Fri Oct 2020	2.00	2.00	2.15	1.85	0.687 times
30 Wed Sep 2020	2.00	2.60	2.70	2.00	0.928 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Arcotech (ARCOTECH_BE)

Price action analysis of Arcotech ( (ARCOTECH_BE) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Arcotech ( (ARCOTECH_BE) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Arcotech ( (ARCOTECH_BE) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Arcotech stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Arcotech in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Arcotech Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Arcotech in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Arcotech is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.69 and Arcotech (ARCOTECH_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Arcotech (ARCOTECH_BE) stock. Volume based technical analysis of Arcotech (ARCOTECH_BE) stock is negative.

Arcotech Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.