ARIS WATER SOLUTIONS INC-A (ARIS) Stock Technical Analysis
NYSE:ARIS - New York Stock Exchange, Inc. - US04041L1061 - Common Stock - Currency: USD
Taking everything into account, ARIS scores 2 out of 10 in our technical rating. Although ARIS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
ARIS is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 95% of 62 stocks in the same industry.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Looking at the yearly performance, ARIS did better than 89% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
ARIS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ARIS is lagging the market slightly.
In the last month ARIS has a been trading in the 19.70 - 26.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, ARIS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. 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
16.44
26.92
We found 4 important support areas.
- Support @21.54 from a horizontal line in the weekly time frame.
- Support @20.38 from a trend line in the daily time frame.
- A support zone ranging from 19.84 to 19.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.61 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 26.54 to 26.65. 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 | 89.84 | POSITIVE | ARIS has a high relative strength, it outperformed 89.84% 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) | DOWN | NEGATIVE | The current price of ARIS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARIS is above the rising 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) | 0.15 | POSITIVE | The MACD value suggests ARIS has a positive trend. |
| Stochastics (14,3) | 53.31 | NEUTRAL | The Stochastics value for ARIS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.11 | HIGH VOLATILITY | The high ATR as a percentage value for ARIS suggests high volalility. |
| Average Directional Index/ADX (14) | 13.84 | NEGATIVE | The low ADX value for ARIS suggests a weak or negative 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)
23.4
+0.37 (+1.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg1.61%
1 Week0.39%
2 Weeks12.45%
1 Month-7.84%
3 Month-12.06%
6 Month-13.3%
12 Month53.64%
2 Year154.62%
3 Year14.54%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.56
ATR(20)%6.11%
ATR Inc-28.15%
Range Today1.17
ADR(20)1.27
ADR(20)%5.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.84
Mansfield0.56
10 Day High24.76
10 Day Low20.76
20 Day High26.75
20 Day Low19.7
52 Week High33.95
52 Week Low13.34
CS1 End21.54
CR1 Start26.54
Volume & EV
DER(3)3.74%
DER(5)2.52%
Volume993.40K
Volume Incr35.32%
Vol(5)979.46K
Vol(50)868.15K