ARIS WATER SOLUTIONS INC-A (ARIS) Stock Technical Analysis
NYSE:ARIS - US04041L1061 - Common Stock
23.79 USD
-0.25 (-1.04%)
23.8 USD
+0.01 (+0.04%)
We assign a technical rating of 5 out of 10 to ARIS. In the past year, ARIS was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
ARIS is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 88% of 61 stocks in the same industry.
In the last month ARIS has a been trading in the 19.69 - 24.78 range, which is quite wide. It is currently trading near the high of this range.
ARIS has an average volume of 1095260 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 ARIS is one of the better performing stocks in the market, outperforming 84% 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.
ARIS has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 23.78, a Stop Loss order could be placed below this zone.
More info and screens
19.77
26.17
3 important support areas can be observed.
- A support zone ranging from 23.59 to 23.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.39 from a trend line in the weekly time frame.
- Support @19.97 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 23.89 to 24.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @25.91 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The short term trend for ARIS is up. |
| ChartMill Relative Strength | 84.03 | POSITIVE | ARIS has a high relative strength, it outperformed 84.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARIS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ARIS is above a declining 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) | 55.66 | NEUTRAL | The RSI value for ARIS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ARIS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.86 | NEUTRAL | The Stochastics value for ARIS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for ARIS suggests some volalility. |
| Average Directional Index/ADX (14) | 22.92 | 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)
23.79
-0.25 (-1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-1.04%
1 Week0.38%
2 Weeks0.21%
1 Month17.89%
3 Month-3.65%
6 Month-11%
12 Month57.24%
2 Year138.38%
3 Year86.44%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%2.69%
ATR Inc-6.8%
Range Today0.37
ADR(20)0.44
ADR(20)%1.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.03
Mansfield-0.91
10 Day High24.32
10 Day Low23.51
20 Day High24.78
20 Day Low19.69
52 Week High33.95
52 Week Low14.46
CS1 End23.78
CR1 Start23.89
Volume & EV
DER(3)-0.23%
DER(5)-0.28%
Volume869.00K
Volume Incr-48.49%
Vol(5)813.86K
Vol(50)1.10M