AIRGAS INC (ARG)

142.95  0 (0%)

After market: 142.97 +0.02 (+0.01%)

Technical Rating and Analysis

8

Taking everything into account, ARG scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ARG is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
ARG 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 ARG is leading the market.
When comparing the yearly performance of all stocks, we notice that ARG is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
In the last month ARG has a been trading in a tight range between 141.85 and 143.05.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ARG Weekly chart
ARG Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, ARG also presents a decent setup pattern. 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 142.96. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 142.92, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

134.91

144.42

2 important support areas can be observed.

  • A support zone ranging from 141.27 to 142.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @136.27 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 142.96 to 142.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.33
Mansfield1.68
10 Day High143.05
10 Day Low142.43
20 Day High143.05
20 Day Low141.85
52 Week High143.05
52 Week Low86.09
Performance
1 Week0.01%
2 Weeks0.25%
1 Month0.75%
3 Month1.22%
6 Month2.98%
12 Month37.1%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)70.26
LBB142.36
UBB143.11
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
143.00142.420.58 (0.41%)25.00%
An entry @143.00. This is a Buy Stop order right above the resistance zone.An exit @142.42. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.58 points, which is 0.41%.For a 0.10% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ARG Daily chart

AIRGAS INC

NYSE:ARG (5/20/2016, 7:20:55 PM)

After market: 142.97 +0.02 (+0.01%)

142.95

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.01%
2 Weeks0.25%
1 Month0.75%
3 Month1.22%
6 Month2.98%
12 Month37.1%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.2
ATR(20)%0.17%
ATR Inc
Range Today0.04
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High143.05
10 Day Low142.43
20 Day High143.05
20 Day Low141.85
52 Week High143.05
52 Week Low86.09
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume6.66M
Volume Incr195.05%
Vol(5)2.18M
Vol(50)839.56K