AREN
The Arena Group·AMEX
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2.65 / 10
Underperform
The technical score of 2.65/10 conveys challenging technical structure. Strengths identified in Long Lower Shadow are compromised by deficiencies in MACD Death Cross, Dark Cloud Cover, and Bearish Engulfing. Technical interpretation: cautious.
Analysis Checks(1/4)
Long Lower Shadow
Score6.51/10
Win Rate53.41%
Hist. Signals88
Avg Return4.37%
Score6.51/10
Win Rate53.41%
Hist. Signals88
Avg Return4.37%
Bearish Engulfing
Score2.1/10
Win Rate33.33%
Hist. Signals12
Avg Return2.47%
Score2.1/10
Win Rate33.33%
Hist. Signals12
Avg Return2.47%
MACD Death Cross
Score1/10
Win Rate27.27%
Hist. Signals11
Avg Return-1.36%
Score1/10
Win Rate27.27%
Hist. Signals11
Avg Return-1.36%
Dark Cloud Cover
Score1/10
Win Rate22.22%
Hist. Signals9
Avg Return-0.66%
Score1/10
Win Rate22.22%
Hist. Signals9
Avg Return-0.66%
Long Lower Shadow
Score6.51/10
Win Rate53.41%
Hist. Signals88
Avg Return4.37%
Score6.51/10
Win Rate53.41%
Hist. Signals88
Avg Return4.37%
MACD Death Cross
Score1/10
Win Rate27.27%
Hist. Signals11
Avg Return-1.36%
Score1/10
Win Rate27.27%
Hist. Signals11
Avg Return-1.36%
Bearish Engulfing
Score2.1/10
Win Rate33.33%
Hist. Signals12
Avg Return2.47%
Score2.1/10
Win Rate33.33%
Hist. Signals12
Avg Return2.47%
Dark Cloud Cover
Score1/10
Win Rate22.22%
Hist. Signals9
Avg Return-0.66%
Score1/10
Win Rate22.22%
Hist. Signals9
Avg Return-0.66%
Technical Analysis of AREN?
- AREN presents a Underperform setup with a Technical Score of 2.65/10. Key technical indicators highlight an RSI of 30.53 and a MACD of -0.17, with the trend anchored by the 50-Day SMA at 4.03. Traders should monitor key support at 3.12 and resistance at 3.33.
