ARIS WATER SOLUTIONS INC-A (ARIS) Stock Technical Analysis
NYSE:ARIS - New York Stock Exchange, Inc. - US04041L1061 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to ARIS. ARIS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
In the last month ARIS has a been trading in the 20.68 - 24.71 range, which is quite wide. It is currently trading near the lows of this range.
ARIS is part of the Energy Equipment & Services industry. There are 62 other stocks in this industry. ARIS outperforms 72% of them.
When comparing the performance of all stocks over the past year, ARIS turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
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.
The technical rating of ARIS is bad and it also does not present a 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
20.95
26.81
When analyzing the support we notice one important area.
- Support @21.16 from a horizontal line in the weekly time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 21.18 to 21.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @22.43 from a trend line in the daily time frame.
- A resistance zone ranging from 22.86 to 23.18. 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.
- 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 | DOWN | NEGATIVE | The long term trend for ARIS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARIS is down. |
| ChartMill Relative Strength | 53.16 | NEUTRAL | ARIS is not amongst the best or worst performers 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 | MIXED | The current price of ARIS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.82 | NEUTRAL | The RSI value for ARIS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests ARIS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.78 | OVERSOLD | The low Stochastics value suggests ARIS may be oversold. |
| Average True Range in percent/ATR (20) | 4.57 | MEDIUM VOLATILITY | The ATR as a percentage value for ARIS suggests some volalility. |
| Average Directional Index/ADX (14) | 21.4 | 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)
21.17
-0.19 (-0.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.89%
1 Week-4.51%
2 Weeks-7.76%
1 Month-9.88%
3 Month-17.3%
6 Month-28.77%
12 Month30.44%
2 Year93.69%
3 Year0%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.92
ATR(20)%4.57%
ATR Inc-46.11%
Range Today0.46
ADR(20)0.94
ADR(20)%4.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.16
Mansfield-1.62
10 Day High23.75
10 Day Low20.68
20 Day High24.71
20 Day Low20.68
52 Week High33.95
52 Week Low13.34
CS1 End21.16
CR1 Start21.18
Volume & EV
DER(3)-0.57%
DER(5)-1.66%
Volume596.70K
Volume Incr-31.28%
Vol(5)556.06K
Vol(50)743.51K