ANTERO RESOURCES CORP (AR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AR - US03674X1063 - Common Stock
Overall AR gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AR is only an average performer.
Besides having an excellent technical rating, AR also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
29.56
3 important support areas can be observed.
- Support @31.77 from a trend line in the weekly time frame.
- A support zone ranging from 30.77 to 30.85. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 29.86 to 29.87. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 36.22 to 37.36. 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 | UP | POSITIVE | The long term trend for AR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AR is neutral. |
| ChartMill Relative Strength | 73.66 | POSITIVE | AR has a high relative strength, it outperformed 73.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AR is below 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 | NEGATIVE | The current price of AR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.48 | NEUTRAL | The RSI value for AR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests AR has a negative trend. |
| Stochastics (14,3) | 44.93 | NEUTRAL | The Stochastics value for AR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.95 | MEDIUM VOLATILITY | The ATR as a percentage value for AR suggests some volalility. |
| Average Directional Index/ADX (14) | 17.35 | NEGATIVE | The low ADX value for AR suggests a weak or negative trend. |
34.85
-0.34 (-0.97%)
ANTERO RESOURCES CORP / AR FAQ
What is the ChartMill technical rating of ANTERO RESOURCES CORP (AR) stock?
ChartMill assigns a technical rating of 7 / 10 to AR.
Can you provide the trend direction for ANTERO RESOURCES CORP?
The current trend direction for ANTERO RESOURCES CORP (AR) is Bullish.
What is the RSI signal for ANTERO RESOURCES CORP (AR) stock?
ANTERO RESOURCES CORP (AR) has an RSI value of 48.4766. This indicates that the stock is currently neutral.
What is the MACD signal for AR stock?
The MACD indicator for ANTERO RESOURCES CORP (AR) has a value of -0.159508, indicating a bearish trend.