The stock price direction for the day for AR.DB.U:CA is UP. The stock is experiencing a strong uptrend as of late, with an increase of more than 8 percent in the last five days. Based on BullishInvestor.com’s proprietary algorithms, AR.DB.U:CA is currently signalling NEUTRAL.
The most recent Candle Stick pattern for AR.DB.U:CA is the -.
There are two possible reasons for the Hold rating currently given to AR.DB.U:CA. The first reason is that there may be indecision among the technical indicators or most of them may be neutral for AR.DB.U:CA. If the stock chart looks flat lined or is in the midst of a trend direction change, most likely this is why AR.DB.U:CA is showing Neutral. If, however the stock is currently in a visible up or down trend, the reason for the Hold may be because the BULLISH or BEARISH rating has already passed.
The last BUY was registered on May 31, 2023 when AR.DB.U:CA was trading at $ 81.50. Armed with this knowledge, there may still be some more strength left in this current trend or it may be near a tipping point, the market has not given a clear indication yet.
As such, it may be a wise decision to hold your stock or continue to wait on the sidelines in AR.DB.U:CA until BullishInvestor.com changes the rating for AR.DB.U:CA.