ANTERO RESOURCES CORP (AR) Stock Technical Analysis
NYSE:AR - New York Stock Exchange, Inc. - US03674X1063 - Common Stock - Currency: USD
Overall AR gets a technical rating of 2 out of 10. AR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
AR is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
AR is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry. AR outperforms 72% of them.
AR has an average volume of 4611850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, AR turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
AR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AR is lagging the market.
AR has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
29.52
37.54
We found 5 important support areas.
- Support @35.70 from a trend line in the daily time frame.
- A support zone ranging from 33.07 to 33.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.91 from a horizontal line in the daily time frame.
- Support @31.05 from a horizontal line in the daily time frame.
- Support @29.82 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 36.33 to 37.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for AR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AR is down. |
| ChartMill Relative Strength | 69.75 | NEUTRAL | AR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.99 | NEUTRAL | The RSI value for AR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests AR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.8 | NEUTRAL | The Stochastics value for AR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.45 | MEDIUM VOLATILITY | The ATR as a percentage value for AR suggests some volalility. |
| Average Directional Index/ADX (14) | 25.11 | POSITIVE | The high ADX value value for AR suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
36.32
-0.84 (-2.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.26%
1 Week-0.82%
2 Weeks-9.83%
1 Month-12.82%
3 Month5.52%
6 Month-10.23%
12 Month22.33%
2 Year35.78%
3 Year-8.38%
5 Year1127.03%
10 Year32.02%
15 YearN/A
Volatility
ATR(14)1.18
ATR(20)%3.45%
ATR Inc9.77%
Range Today1.23
ADR(20)1.21
ADR(20)%3.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.75
Mansfield-0.02
10 Day High40.05
10 Day Low34.83
20 Day High44.02
20 Day Low34.83
52 Week High44.02
52 Week Low24.53
CS1 End35.7
CR1 Start36.33
Volume & EV
DER(3)1.47%
DER(5)0.92%
Volume5.77M
Volume Incr23.63%
Vol(5)6.04M
Vol(50)4.61M