(ARCB) Investment Analysis and Advice

July 19, 2024, 20:26 pm ET, BY Robert S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for ARCB

• Buy ARCB slightly over 107.61 target 125.52 stop loss @ 107.3 Details

The technical summary data tells us to buy ARCB near 107.61 with an upside target of 125.52. This data also tells us to set a stop loss @ 107.3 to protect against excessive loss in case the stock begins to move against the trade. 107.61 is the first level of support below 119.48 , and by rule, any test of support is a buy signal. In this case, support 107.61 would be being tested, so a buy signal would exist.

• Short ARCB slightly under 125.52, target 107.61, stop loss @ 125.88 Details

The technical summary data is suggesting a short of ARCB as it gets near 125.52 with a downside target of 107.61. We should have a stop loss in place at 125.88though. 125.52 is the first level of resistance above 119.48, and by rule, any test of resistance is a short signal. In this case, if resistance 125.52 is being tested, so a short signal would exist.

Swing Trading Plans for ARCB

• Buy ARCB slightly over 125.52, target 125.99, Stop Loss @ 125.16 Details

If 125.52 begins to break higher, the technical summary data tells us to buy ARCB just slightly over 125.52, with an upside target of 125.99. The data also tells us to set a stop loss @ 125.16 in case the stock turns against the trade. 125.52 is the first level of resistance above 119.48, and by rule, any break above resistance is a buy signal. In this case, 125.52, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short ARCB slightly near 125.52, target 118.05, Stop Loss @ 125.88. Details

The technical summary data is suggesting a short of ARCB if it tests 125.52 with a downside target of 118.05. We should have a stop loss in place at 125.88 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 125.52, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for ARCB

• Buy ARCB slightly over 120.48, target 125.52, Stop Loss @ 120.2 Details

If 120.48 begins to break higher, the technical summary data tells us to buy ARCB just slightly over 120.48, with an upside target of 125.52. The data also tells us to set a stop loss @ 120.2 in case the stock turns against the trade. 120.48 is the first level of resistance above 119.48, and by rule, any break above resistance is a buy signal. In this case, 120.48, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short ARCB slightly near 120.48, target 118.05, Stop Loss @ 120.76. Details

The technical summary data is suggesting a short of ARCB if it tests 120.48 with a downside target of 118.05. We should have a stop loss in place at 120.76 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 120.48, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Arcbest Corporation (ARCB) available here: ARCB.

ARCB Ratings for July 19:

Term →	Near	Mid	Long
Rating	Strong	Strong	Strong
P1	0	0	107.61
P2	120.48	118.05	125.52
P3	126.01	125.99	144.27

AI Generated Signals for ARCB

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Prudent Investment Analysis requires observations of the support and resistance levels for Arcbest Corporation (NASDAQ: ARCB) too.  These define prudent trading plans.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for ARCB change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if ARCB is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for ARCB too.  All of these are offered below the Summary Table.