ANTERO RESOURCES CORP (AR) Stock Technical Analysis
NYSE:AR • US03674X1063
Taking everything into account, AR scores 6 out of 10 in our technical rating. AR has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- AR is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 73% of 207 stocks in the same industry do better.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month AR has a been trading in the 32.81 - 36.88 range, which is quite wide. It is currently trading near the high of this range.
- AR has an average volume of 5685690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, AR outperforms 40% of them, which is more or less in line with the market.
- 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 an average technical rating and also the quality of the setup is only medium 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
30.47
5 important support areas can be observed.
- A support zone ranging from 33.60 to 34.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.07 from a horizontal line in the daily time frame.
- A support zone ranging from 32.04 to 32.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 31.37 to 31.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 30.78 to 30.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 36.82 to 37.36. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for AR is up. |
| ChartMill Relative Strength | 40.11 | NEUTRAL | AR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.21 | NEUTRAL | The RSI value for AR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests AR has a positive trend. |
| Stochastics (14,3) | 69.9 | NEUTRAL | The Stochastics value for AR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.24 | MEDIUM VOLATILITY | The ATR as a percentage value for AR suggests some volalility. |
| Average Directional Index/ADX (14) | 9.79 | NEGATIVE | The low ADX value for AR suggests a weak or negative trend. |
36.81
+2.43 (+7.07%)
ANTERO RESOURCES CORP / AR FAQ
What is the ChartMill technical rating of ANTERO RESOURCES CORP (AR) stock?
ChartMill assigns a technical rating of 6 / 10 to AR.
What is the current trend direction of ANTERO RESOURCES CORP (AR) stock?
The current trend direction for ANTERO RESOURCES CORP (AR) is Bearish.
What is the RSI signal for ANTERO RESOURCES CORP (AR) stock?
ANTERO RESOURCES CORP (AR) has an RSI value of 61.2096. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ANTERO RESOURCES CORP?
The short term momentum for ANTERO RESOURCES CORP (AR) is positive.
What are the support and resistance levels for ANTERO RESOURCES CORP (AR) stock?
ANTERO RESOURCES CORP (AR) has a support level at 34.73 and a resistance level at 36.82. Check the full technical report for our detailed analysis of AR support and resistance levels.