ANTERO RESOURCES CORP (AR)

US03674X1063 - Common Stock

35.1  -0.27 (-0.76%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to AR. Both in the recent history as in the last year, AR has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, AR did better than 95% of all other stocks.
AR is part of the Oil, Gas & Consumable Fuels industry. There are 212 other stocks in this industry. AR outperforms 95% of them.
AR is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month AR has a been trading in the 33.00 - 36.27 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
AR has an average volume of 4053950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
AR Weekly chart
AR Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, AR also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 35.52. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 34.69, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

20.89

36.00

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 34.49 to 34.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 33.27 to 33.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 32.21 to 32.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @21.10 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 35.52 to 35.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.23
Mansfield1.69
10 Day High36.28
10 Day Low33
20 Day High36.28
20 Day Low33
52 Week High36.28
52 Week Low20.1
Performance
1 Week4.92%
2 Weeks1.99%
1 Month5.74%
3 Month37.04%
6 Month60.85%
12 Month57.48%
2 Year15.4%
3 Year135.33%
5 Year539.6%
10 Year-46.11%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.09
RSI(14)59.23
LBB33.04
UBB35.88
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
35.6534.481.17 (3.28%)25.00%
An entry @35.65. This is a Buy Stop order right above the resistance zone.An exit @34.48. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 1.17 points, which is 3.28%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.82%.

  • The distance between exit and entry is rather small compared to the average daily movement of AR. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AR Daily chart

ANTERO RESOURCES CORP

NYSE:AR (6/12/2024, 10:07:05 AM)

35.1

-0.27 (-0.76%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.76%
1 Week4.92%
2 Weeks1.99%
1 Month5.74%
3 Month37.04%
6 Month60.85%
12 Month57.48%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.16
ATR(20)%3.04%
ATR Inc
Range Today0.75
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High36.28
10 Day Low33
20 Day High36.28
20 Day Low33
52 Week High36.28
52 Week Low20.1
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume782.74K
Volume Incr-28.89%
Vol(5)2.35M
Vol(50)4.05M