ARIS WATER SOLUTIONS INC-A (ARIS) Stock Technical Analysis
NYSE:ARIS - New York Stock Exchange, Inc. - US04041L1061 - Common Stock - Currency: USD
Overall ARIS gets a technical rating of 6 out of 10. Although ARIS has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ARIS is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 86% of 61 stocks in the same industry.
In the last month ARIS has a been trading in the 19.47 - 24.78 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ARIS has an average technical rating and it also does not offer a high quality setup 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
22.92
26.81
When analyzing the support we notice one important area.
- A support zone ranging from 23.15 to 23.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @24.01 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 25.91 to 26.09. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @26.54 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 | 84.69 | POSITIVE | ARIS has a high relative strength, it outperformed 84.69% 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) | UP | POSITIVE | The current price of ARIS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ARIS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.24 | NEUTRAL | The RSI value for ARIS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests ARIS has a positive trend. |
| Stochastics (14,3) | 79.47 | NEUTRAL | The Stochastics value for ARIS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.8 | MEDIUM VOLATILITY | The ATR as a percentage value for ARIS suggests some volalility. |
| Average Directional Index/ADX (14) | 28.46 | POSITIVE | The high ADX value value for ARIS suggests a strong 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)
24
+0.27 (+1.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg1.14%
1 Week20.42%
2 Weeks13.42%
1 Month9.04%
3 Month4.08%
6 Month-13.33%
12 Month47.87%
2 Year134.38%
3 Year41.18%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.97
ATR(20)%3.8%
ATR Inc-33.23%
Range Today0.52
ADR(20)0.69
ADR(20)%2.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.69
Mansfield-0.74
10 Day High24.78
10 Day Low19.47
20 Day High24.78
20 Day Low19.47
52 Week High33.95
52 Week Low14.46
CS1 End23.36
CR1 Start24.01
Volume & EV
DER(3)-4.07%
DER(5)-3.78%
Volume1.34M
Volume Incr452.18%
Vol(5)3.47M
Vol(50)948.80K