ARAMARK (ARMK) Stock Technical Analysis
NYSE:ARMK - US03852U1060 - Common Stock
40.05 USD
+0.63 (+1.6%)
40.05 USD
0 (0%)
Overall ARMK gets a technical rating of 3 out of 10. ARMK has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
ARMK is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
ARMK has an average volume of 2018870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When compared to the yearly performance of all other stocks, ARMK outperforms 55% of them, which is more or less in line with the market.
ARMK is part of the Hotels, Restaurants & Leisure industry. There are 131 other stocks in this industry, ARMK did better than 53% of them.
ARMK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ARMK is lagging the market.
Although the technical rating is bad, ARMK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 39.70, a Stop Loss order could be placed below this zone.
More info and screens
30.61
44.60
We found 4 important support areas.
- A support zone ranging from 39.10 to 39.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @38.33 from a horizontal line in the daily time frame.
- Support @33.09 from a trend line in the weekly time frame.
- Support @30.92 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 43.90 to 44.16. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for ARMK is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARMK is down. |
| ChartMill Relative Strength | 55.32 | NEUTRAL | ARMK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARMK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ARMK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARMK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.26 | NEUTRAL | The RSI value for ARMK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ARMK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.98 | NEUTRAL | The Stochastics value for ARMK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for ARMK suggests some volalility. |
| Average Directional Index/ADX (14) | 25.85 | POSITIVE | The high ADX value value for ARMK 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)
40.05
+0.63 (+1.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg1.6%
1 Week1.06%
2 Weeks1.09%
1 Month-8.75%
3 Month2.38%
6 Month11.47%
12 Month12.63%
2 Year7.72%
3 Year12.15%
5 Year45.32%
10 Year27.79%
15 YearN/A
Volatility
ATR(14)1.14
ATR(20)%2.6%
ATR Inc-36.38%
Range Today0.78
ADR(20)0.92
ADR(20)%2.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.32
Mansfield-0.46
10 Day High40.94
10 Day Low38.66
20 Day High43.84
20 Day Low38.66
52 Week High44.49
52 Week Low29.92
CS1 End39.7
CR1 Start43.9
Volume & EV
DER(3)0.49%
DER(5)0.8%
Volume1.36M
Volume Incr13.63%
Vol(5)2.60M
Vol(50)2.02M