ARVL has been falling since 17th June. There was a fake reversal on 23rd June for 2 days and then it followed as steady falling pattern.
Finally on 15th July it has hit bottom, with a single but important indecision bar. Also for the first time since 23rd June the price has closed above previous days close at 13.51 and continued to 13.60 after hours.
Squeeze momentum indicator has reached bottom and now going up.
LaRSI has hit bottom and about to rise.
Fisher indicator at -2, oversold and reversing heading to +4
Fair value according to Morning Star at 14.15
Finally on 15th July it has hit bottom, with a single but important indecision bar. Also for the first time since 23rd June the price has closed above previous days close at 13.51 and continued to 13.60 after hours.
Squeeze momentum indicator has reached bottom and now going up.
LaRSI has hit bottom and about to rise.
Fisher indicator at -2, oversold and reversing heading to +4
Fair value according to Morning Star at 14.15
Comment:
Pre-market trading, price up at 14.00