Replies to post #103 on ARM Holdings Plc (ARM)

[mick]

MOVER TODAT $ARM

[mick]

MOVER TODAT $ARM

[JJ8]

Momentum for ARM is strongly bearish. The 14-period Slow Stochastic Oscillator is falling, as investors sell shares and drive the price lower. Today's volume is on track to be lighter than usual, with 2,085,732 shares having traded so far. The On Balance Volume indicator (OBV) is bearish. The slope of the indicator is negative and suggests that there is a lack of buying interest. Volatility, measured using the width of the Bollinger Bands®, is extremely low, resulting in a condition called the Bollinger Band Squeeze. Bollinger Band Squeezes tend to precede major price breakouts, although they do not predict which direction the new trend will take. Trend and momentum indicators can be useful during Squeeze conditions to help discern the direction of future trends. As of 2:40 PM ET Tuesday, 10/17/2023