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 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AR is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
AR is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry. AR outperforms 83% of them.
AR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AR is performing more or less in line with the market.
AR has an average volume of 5253870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that AR is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
In the last month AR has a been trading in the 34.02 - 41.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
AR has an excellent technical rating, but 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
28.61
42.43
When analyzing the support we can see 7 important areas.
- A support zone ranging from 39.04 to 39.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 37.08 to 37.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @35.07 from a trend line in the weekly time frame.
- Support @33.63 from a trend line in the daily time frame.
- Support @32.44 from a trend line in the daily time frame.
- Support @31.05 from a horizontal line in the daily time frame.
- Support @28.90 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 40.46 to 42.01. 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 | UP | POSITIVE | The long term trend for AR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AR is up. |
| ChartMill Relative Strength | 82.07 | POSITIVE | AR has a high relative strength, it outperformed 82.07% off all stocks 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) | UP | POSITIVE | The current price of AR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.78 | NEUTRAL | The RSI value for AR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests AR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.14 | NEUTRAL | The Stochastics value for AR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for AR suggests some volalility. |
| Average Directional Index/ADX (14) | 21.38 | NEUTRAL | The ADX value for AR suggests a possible start of a new 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)
39.05
-0.06 (-0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.15%
1 Week-2.93%
2 Weeks4.44%
1 Month13.06%
3 Month2.36%
6 Month17.94%
12 Month17.34%
2 Year91.33%
3 Year-8.93%
5 Year1206.02%
10 Year-2.4%
15 YearN/A
Volatility
ATR(14)1.08
ATR(20)%3.04%
ATR Inc-22.64%
Range Today0.94
ADR(20)1.04
ADR(20)%2.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.07
Mansfield1.57
10 Day High41.27
10 Day Low37.73
20 Day High41.27
20 Day Low34.02
52 Week High42.63
52 Week Low24.53
CS1 End39.04
CR1 Start40.46
Volume & EV
DER(3)-0.21%
DER(5)1.14%
Volume2.66M
Volume Incr-41.8%
Vol(5)3.08M
Vol(50)5.25M