American Renal Associates (ARA) Technical Analysis
NYSE:ARA
Current stock price
ARA Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to ARA. Although ARA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- ARA is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ARA is leading the market.
- When compared to the yearly performance of all other stocks, ARA outperforms 50% of them, which is more or less in line with the market.
- In the last month ARA has a been trading in a tight range between 11.33 and 11.52.
ARA Weekly and Daily overview Charts
ARA Setup Rating and Analysis
ARA 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
ARA Support and Resistance Analysis
6.00
When analyzing the support we can see 4 important areas.
- A support zone ranging from 11.40 to 11.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.73 to 6.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.23 to 6.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.06 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @11.53 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 11.79 to 11.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
ARA 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 | UP | POSITIVE | The long term trend for ARA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ARA is neutral. |
| ChartMill Relative Strength | 50.97 | NEUTRAL | ARA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.8 | OVERBOUGHT | The high RSI value suggests ARA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ARA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 83.81 | OVERBOUGHT | The high Stochastics value suggests ARA may be overbought. |
| Average True Range in percent/ATR (20) | 0.29 | LOW VOLATILITY | The low ATR as a percentage value for ARA suggests low volalility. |
ARA Chart- and CandleStick Pattern Analysis
ARA Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:ARA (1/25/2021, 8:04:00 PM)
11.52
+0.02 (+0.17%)
American Renal Associates / ARA TA FAQ
What is the ChartMill technical rating of American Renal Associates (ARA) stock?
ChartMill assigns a technical rating of 6 / 10 to ARA.
Can you provide the trend direction for American Renal Associates?
The current trend direction for American Renal Associates (ARA) is Bullish.
What is the RSI signal for American Renal Associates (ARA) stock?
American Renal Associates (ARA) has an RSI value of 71.7985. This indicates that the stock is currently overbought.
Can you provide the MACD signal for American Renal Associates?
The MACD indicator for American Renal Associates (ARA) has a value of -0.00040835, indicating a bearish trend.
What are the support and resistance levels for American Renal Associates (ARA) stock?
American Renal Associates (ARA) has a support level at 11.5 and a resistance level at 11.53. Check the full technical report for our detailed analysis of ARA support and resistance levels.