


Technical Sentiment Analysis for AltShares Merger Arbitrage ETF (ARB). As of 2026-04-02, AltShares Merger Arbitrage ETF (ARB) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 10 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ARB stands at 58.45, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.03, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 84.3 and the Commodity Channel Index (CCI) at 126.44 further confirm a 0.08 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, ARB is trading above its 60-day moving average of $29.16 and above its 200-day long-term moving average of $28.97. Key price levels to watch include the immediate resistance at $29.4 and strong support at $29.14. A break above $29.4 could signal a bull continuation, while falling below $29.14 may test the next Fibonacci floor at $29.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 28.88 | 29 | 29.14 | 29.26 | 29.4 | 29.52 | 29.66 |
| Fibonacci | 29 | 29.1 | 29.16 | 29.26 | 29.36 | 29.42 | 29.52 |
2026-04-02
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 58.45 |
| Stochastic Oscillator | 84.3 |
| Stochastic RSI | 72.04 |
| Commodity Channel Index (CCI) | 126.44 |
| Awesome Oscillator | 0.07 |
| Momentum | 0.08 |
| MACD | 0.03 |
2026-04-02
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 29.28 | Buy |
| 10-Day | 29.28 | Buy |
| 20-Day | 29.24 | Buy |
| 60-Day | 29.16 | Buy |
| 200-Day | 28.97 | Buy |
| 250-Day | 28.82 | Buy |