Technical Analysis for ARB - AltShares Merger Arbitrage ETF

Grade Last Price % Change Price Change
B 25.7 0.22% 0.06
ARB closed up 0.22 percent on Friday, May 14, 2021, on 7.44 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Flat
Historical ARB trend table...

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Strong but Oversold Other 0.00%
BB Squeeze Started Range Contraction 0.00%
Oversold Stochastic Weakness 0.00%
20 DMA Support Bullish 0.22%
1,2,3 Pullback Bullish Bullish Swing Setup 0.22%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.22%
Older End-of-Day Signals for ARB ...

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Profile

AltShares Trust - AltShares Merger Arbitrage ETF is an exchange traded fund launched and managed by Water Island Capital, LLC. It invests in public equity markets of global region. The fund invests through derivatives in stocks of companies operating across diversified sectors. The fund employs long/short strategy and uses derivatives such as futures, forwards, swaps to create its portfolio. AltShares Trust - AltShares Merger Arbitrage ETF is domiciled in the United States.
Classification

Keywords: Exchange Traded Fund Exchange Traded Funds SPDR Swap Swaps Arbitrage Risk Arbitrage

Top 10 Components

Symbol Grade Price % Change Allocation
EV A 0.00 5.00
RP A 0.00 3.30
VAR A 0.00 3.22
ALXN A 0.09 3.21
WLTW B 0.65 3.11
WORK C 1.30 3.08
PRSP A 0.00 3.01
CUB B 0.03 2.89
MXIM B 2.65 2.88
TCF C 2.29 2.82
View All ARB Holdings

Is ARB a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 27.86
52 Week Low 24.2
Average Volume 1,400
200-Day Moving Average 25.48
50-Day Moving Average 25.42
20-Day Moving Average 25.63
10-Day Moving Average 25.66
Average True Range 0.10
ADX 41.49
+DI 54.58
-DI 21.35
Chandelier Exit (Long, 3 ATRs ) 25.98
Chandelier Exit (Short, 3 ATRs ) 25.66
Upper Bollinger Band 25.72
Lower Bollinger Band 25.54
Percent B (%b) 0.88
BandWidth 0.72
MACD Line 0.07
MACD Signal Line 0.08
MACD Histogram -0.0102
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 25.88
Resistance 3 (R3) 25.87 25.79 25.85
Resistance 2 (R2) 25.79 25.75 25.80 25.84
Resistance 1 (R1) 25.75 25.72 25.77 25.76 25.83
Pivot Point 25.67 25.67 25.69 25.68 25.67
Support 1 (S1) 25.63 25.63 25.65 25.64 25.57
Support 2 (S2) 25.55 25.60 25.56 25.56
Support 3 (S3) 25.51 25.55 25.55
Support 4 (S4) 25.52