Jul. 9 at 4:06 PM
$ARLO Short-Term Trend Analysis:
1. Bullish Momentum & Golden Cross
ARLO’s 50-day moving average (
$15.50) remains above its 200-day moving average (
$12.10), signaling a bullish “golden cross” pattern.
2. Mixed Technical Signals. Bullish signs:
StockInvest.us shows a general buy signal, with short-term averages holding above long-term Barchart’s composite rating is firmly bullish (100% Buy across 13 indicators).
Bearish warnings:
MACD recently triggered a sell signal from a pivot top, and volume has risen on down days—suggesting caution
Oscillators remain neutral-to-bearish, indicating possible near-term consolidation.
3. Support and Resistance Levels
Key support near
$16.20 (volume accumulation zone), with a stop-loss recommendation around
$15.77.
Immediate resistance at short-term MA near
$17.02–
$17.11; a breakout above this could boost momentum .
The trend remains bullish, but indicators suggest a likely short-term pullback or consolidation between
$16.20–
$17.00.
Just my research.
