


Technical Sentiment Analysis for AltShares Merger Arbitrage ETF (ARB). As of 2026-05-22, AltShares Merger Arbitrage ETF (ARB) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 9 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ARB stands at 55.14, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.04, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 35.93 and the Commodity Channel Index (CCI) at 55.16 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 $29.38 and above its 200-day long-term moving average of $29.12. Key price levels to watch include the immediate resistance at $29.79 and strong support at $29.36. A break above $29.79 could signal a bull continuation, while falling below $29.36 may test the next Fibonacci floor at $29.17.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 28.93 | 29.17 | 29.36 | 29.6 | 29.79 | 30.03 | 30.22 |
| Fibonacci | 29.17 | 29.33 | 29.44 | 29.6 | 29.76 | 29.87 | 30.03 |
2026-05-22
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 55.14 |
| Stochastic Oscillator | 35.93 |
| Stochastic RSI | 34.34 |
| Commodity Channel Index (CCI) | 55.16 |
| Awesome Oscillator | 0.06 |
| Momentum | 0.08 |
| MACD | 0.04 |
2026-05-22
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 29.54 | Buy |
| 10-Day | 29.55 | Buy |
| 20-Day | 29.52 | Buy |
| 60-Day | 29.38 | Buy |
| 200-Day | 29.12 | Buy |
| 250-Day | 29 | Buy |