Dmytro Kharkov

Arm Holdings stock drops nearly 10% as sellers push price toward session lows

Arm Holdings stock drops nearly 10% as sellers push price toward session lows
Arm Holdings drops 9.95% today

Arm Holdings (ARM) is trading at $211.46, down 9.95% on the day. The price remains well above its key moving averages, despite the steep daily decline.

ARM price prediction
24H -0.33%
$379.57
48H -0.25%
$379.87
7D 1.93%
$388.16
1M 33.43%
$508.1
3M 45.69%
$554.79
6M 78.62%
$680.2
12M 123.51%
$851.14
Current price: $ 380.81 38.58 11.27%
Closed 06/12
Daily range 352.27 Arrow from to Icon 385.24
Weekly range 298.38 Arrow from to Icon 385.24
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Highlights

  • ARM’s price remains well above key technical averages, confirming strong bullish momentum across all timeframes.
  • Despite persistent buying pressure signaled by momentum indicators, intraday action revealed notable selling with a gap down and a sharp daily drop.
  • ARM is expected to consolidate between $207.50 and $218.50 this week, with continued upward price potential if resistance is breached.

Intraday selloff intensifies despite strong technical momentum

On the technical side, ARM is trading above the SMA-20 at $163.53, SMA-50 at $141.65, and SMA-200 at $139.79. The Ichimoku Kijun level on the daily chart stands at $181.00 and provides immediate support. MACD and ADX point to robust buying momentum, while the RSI at 87.21 and CCI both indicate overbought conditions, supported by a similarly overbought Stoch RSI reading. Bull/Bear Power (BBP) shows persistent buyer dominance, but today's sharp selloff and gap down left the price near the session low in a high-volatility environment, confirming strong intraday selling despite bullish momentum on higher timeframes.

Arm Holdings plc asset chart
Arm Holdings plc price dynamics. Source: TradingView.

Sideways consolidation likely with breakout risks at extremes

Over the next week, ARM is expected to trade within a typical volatility band from $207.50 to $218.50. The baseline scenario suggests sideways consolidation between near-term support and resistance. If the price climbs back above $218.50, a bullish breakout could develop, while a sustained move below $207.50 would open the risk of a deeper short-term pullback.

Anton Kharitonov, expert at Traders Union, sees ARM as technically extended after its sharp drop to $211.46. He believes the strong momentum and buyer dominance are meeting clear resistance, while overbought readings and the gap down signal caution. Technical supports are nearby, but without fresh news, any rebound faces headwinds. "Until ARM reclaims $218.50, I remain cautious and consider further downside risk possible in the short term."

Earlier, analysts noted that Arm Holdings was demonstrating strong bullish momentum supported by industry innovation and expanding partnerships. The current selloff introduces heightened volatility and signals the need to monitor whether ARM can sustain support at $207.50, as a break below this level could shift the short-term outlook to further downside risk.

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.
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