ARIS WATER SOLUTIONS INC-A (ARIS) Stock Technical Analysis
USA - NYSE:ARIS - US04041L1061 - Common Stock
23.69 USD
+0.24 (+1.02%)
23.63 USD
-0.06 (-0.25%)
Overall ARIS gets a technical rating of 4 out of 10. In the last year, ARIS was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
In the last month ARIS has a been trading in the 23.15 - 24.90 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
ARIS is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 86% of 61 stocks in the same industry.
ARIS has an average volume of 1668950 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 comparing the yearly performance of all stocks, we notice that ARIS is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
ARIS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ARIS is lagging the market.
Volume is considerably higher in the last couple of days.
ARIS has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 23.26, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ARIS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
19.77
24.91
When analyzing the support we can see 3 important areas.
- A support zone ranging from 23.26 to 23.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.22 from a trend line in the weekly time frame.
- Support @19.97 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 23.80 to 24.66. 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 | NEUTRAL | NEUTRAL | The long term trend for ARIS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARIS is down. |
| ChartMill Relative Strength | 85.68 | POSITIVE | ARIS has a high relative strength, it outperformed 85.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARIS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ARIS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ARIS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.76 | NEUTRAL | The RSI value for ARIS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests ARIS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.8 | OVERSOLD | The low Stochastics value suggests ARIS may be oversold. |
| Average True Range in percent/ATR (20) | 1.68 | LOW VOLATILITY | The low ATR as a percentage value for ARIS suggests low volalility. |
| Average Directional Index/ADX (14) | 21.37 | NEUTRAL | The ADX value for ARIS 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)
23.69
+0.24 (+1.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg1.02%
1 Week-2.67%
2 Weeks-3.93%
1 Month-1.7%
3 Month7.05%
6 Month-8.57%
12 Month46.96%
2 Year183.71%
3 Year39.11%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%1.68%
ATR Inc3.81%
Range Today0.54
ADR(20)0.39
ADR(20)%1.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.68
Mansfield-1.37
10 Day High24.85
10 Day Low23.15
20 Day High24.9
20 Day Low23.15
52 Week High33.95
52 Week Low14.46
CS1 End23.26
CR1 Start23.8
Volume & EV
DER(3)3.23%
DER(5)3.46%
Volume10.65M
Volume Incr111.34%
Vol(5)3.17M
Vol(50)1.67M