ANTERO RESOURCES CORP (AR) Technical Analysis
NYSE:AR • US03674X1063
Current stock price
AR Technical Rating and Analysis
Overall AR gets a technical rating of 3 out of 10. In the last year, AR was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- AR is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, of which 70% are performing better than AR.
- 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 has an average volume of 6100600 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 compared to the yearly performance of all other stocks, AR outperforms 54% 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 Weekly and Daily overview Charts
AR Setup Rating and Analysis
Although the technical rating is bad, AR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 37.85. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 37.22, a Stop Loss order could be placed below this zone.
More info and screens
AR Support and Resistance Analysis
30.47
3 important support areas can be observed.
- A support zone ranging from 36.10 to 37.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 32.79 to 33.41. 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.
We found 1 important resistance area.
- A resistance zone ranging from 37.85 to 39.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
AR Technical Indicator Signal Analysis
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 | 54.56 | 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) | 45.5 | NEUTRAL | The RSI value for AR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests AR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.61 | NEUTRAL | The Stochastics value for AR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.99 | MEDIUM VOLATILITY | The ATR as a percentage value for AR suggests some volalility. |
| Average Directional Index/ADX (14) | 18.86 | NEGATIVE | The low ADX value for AR suggests a weak or negative trend. |
AR Chart- and CandleStick Pattern Analysis
AR Technicals: Chart, Performance Metrics, Trend & Indicators
37.84
-0.36 (-0.94%)
ANTERO RESOURCES CORP / AR TA FAQ
What is the ChartMill technical rating of ANTERO RESOURCES CORP (AR) stock?
ChartMill assigns a technical rating of 3 / 10 to AR.
What is the trend direction for AR stock?
The current trend direction for ANTERO RESOURCES CORP (AR) is Bearish.
Can you provide the RSI signal for ANTERO RESOURCES CORP?
ANTERO RESOURCES CORP (AR) has an RSI value of 45.5045. This indicates that the stock is currently neutral.
What is the MACD signal for ANTERO RESOURCES CORP (AR) stock?
The MACD indicator for ANTERO RESOURCES CORP (AR) has a value of -0.136915, indicating a bearish trend.