ACGLO Stock Forecast & Arch Capital Group Chart Analysis
This article provides a detailed analysis of ACGLO-Arch Capital Group stock including a forecast for ACGLO shares. It features Arch Capital Group Ltd. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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ACGLO Historical Data Review
ACGLO Current Price Performance Analysis
The Arch Capital Group - ACGLO stock traded on the American stock market, on 06-05-2024, closed at 22.55$ with a %-0.62 decreased compared to the previous day.
In the last month, the price of ACGLO changed by %-2.68 decreased in value, from 23.17 dollars on 05-06-2024 to 22.55 dollars, decreased.
Last year, the price of ACGLO was 23.77 dollars on 06-06-2023, and changed by %-5.13 decreased in value, to 22.55 dollars decreased within a year.
The price of Arch Capital Group stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
ACGLO with AI Stock Forecast & Price Target
On the ACGLO chart Arch Capital Group price was recorded as 22.55 Dollars on 06/05/2024.
The artificial intelligence's forecast on ACGLO stock is as follows.
The artificial intelligence's prediction error margin for ACGLO stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Arch Capital Group stock over the next 4 months is: 22.8 Dollars.
The commentary on ACGLO stock Target Price: Highest: 24.038 Dollars is predicted.
The commentary on ACGLO stock Target Price: Lowest: 21.261 Dollars is predicted.
Resistance Price where Arch Capital Group stock will Rise and Fall:
Date | Price Prediction |
---|---|
07-05-2024 | 24.038 |
09-18-2024 | 23.484 |
10-18-2024 | 23.484 |
12-12-2024 | 23.230 |
Support Price where Arch Capital Group stock will Fall and Rise:
Date | Price Prediction |
---|---|
08-09-2024 | 22.612 |
10-03-2024 | 23.446 |
11-22-2024 | 23.207 |
03-17-2025 | 21.261 |
The commentary on ACGLO stock: The target price can generally be said to be on the decline.
The commentary on ACGLO stock: Fluctuations in the target price can be expected in the coming days.
The target price for Arch Capital Group stock by the end of 2024 is predicted to be 22.976 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on ACGLO stock, and the 2024 target price predictions for Arch Capital Group are detailed above.
The technical analysis and charts for the commentary on ACGLO stock are below.
ACGLO Support & Resistance and Trend Analysis
ACGLO stock you have reviewed the technical analysis support resistance charts regarding.
ACGLO : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the ACGLO review, the Arch Capital Group support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Arch Capital Group Support and Resistance Prices:
ACGLO Support Level Price | ACGLO Resistance Level Price |
---|---|
22.11 | 23.11 |
22.14 | 23.14 |
22.23 | 23.18 |
22.31 | 23.20 |
22.37 | 23.37 |
22.43 | 23.82 |
22.95 | 23.85 |
23.07 | 23.86 |
23.13 | 23.91 |
23.22 | 23.99 |
24.50 |
ACGLO Technical Analysis: SMA, RSI, MACD
Upon reviewing the ACGLO chart, buy and sell signals have been generated in the Arch Capital Group technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for ACGLO stock are as follows:- ACGLO technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Arch Capital Group gave a 'Buy' signal when the RSI was at 29.317, with the current RSI value at 40.476.
- The technical analysis for ACGLO indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Arch Capital Group issued a 'Buy' signal when the MACD was at -0.104, with the current MACD value being: -0.098
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Arch Capital Group stock: Click here to read more predictions on Sandoz Group AG stock.
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