ARM Hits New 7‑Day Low While Staying Above Key Support

ARM posted a new 7‑day low at 247.45, slipping below the prior 7‑day trough of 247.92. The move is small (~0.19%) and the stock stays well above the 30‑day/YTD support around 201.89, setting up a potential reclaim of the recent range or a continuation lower.

• Price fell to a new 7‑day low of 247.45, below the prior 7‑day low of 247.92.
• The decline is modest (~0.19%) and price remains ~18% above the 30‑day/YTD level near 201.89.
• This leaves scope for either a reclaim of the recent range or a continuation lower.