ARAMARK (ARMK) Stock Technical Analysis
USA - NYSE:ARMK - US03852U1060 - Common Stock
Taking everything into account, ARMK scores 0 out of 10 in our technical rating. ARMK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of ARMK 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
30.61
When analyzing the support we can see 3 important areas.
- A support zone ranging from 37.45 to 37.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @33.25 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 38.76 to 40.74. 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 ARMK is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARMK is down. |
| ChartMill Relative Strength | 28.72 | NEGATIVE | ARMK has a low relative strength, it was outperformed by 71.28% off all stocks 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) | DOWN | NEGATIVE | The current price of ARMK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.04 | NEUTRAL | The RSI value for ARMK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests ARMK has a negative trend. |
| Stochastics (14,3) | 13.62 | OVERSOLD | The low Stochastics value suggests ARMK may be oversold. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for ARMK suggests some volalility. |
| Average Directional Index/ADX (14) | 20.47 | NEUTRAL | The ADX value for ARMK suggests a possible start of a new trend. |
37.59
-0.29 (-0.77%)
ARAMARK / ARMK FAQ
What is the technical rating for ARMK stock?
ChartMill assigns a technical rating of 0 / 10 to ARMK.
What is the trend direction for ARMK stock?
The current trend direction for ARAMARK (ARMK) is Bearish.
What is the RSI signal for ARAMARK (ARMK) stock?
ARAMARK (ARMK) has an RSI value of 37.0363. This indicates that the stock is currently neutral.
What is the MACD signal for ARMK stock?
The MACD indicator for ARAMARK (ARMK) has a value of -0.20921, indicating a bearish trend.