ARAMARK (ARMK) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ARMK - US03852U1060 - Common Stock
Taking everything into account, ARMK scores 4 out of 10 in our technical rating. ARMK has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
ARMK 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
30.61
3 important support areas can be observed.
- A support zone ranging from 37.68 to 38.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 36.03 to 36.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @30.92 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @40.74 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 ARMK is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARMK is up. |
| ChartMill Relative Strength | 43.95 | NEUTRAL | ARMK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARMK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ARMK is above 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) | 61.79 | NEUTRAL | The RSI value for ARMK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests ARMK has a positive trend. |
| Stochastics (14,3) | 86.01 | OVERBOUGHT | The high Stochastics value suggests ARMK may be overbought. |
| Average True Range in percent/ATR (20) | 1.9 | LOW VOLATILITY | The low ATR as a percentage value for ARMK suggests low volalility. |
| Average Directional Index/ADX (14) | 13.97 | NEGATIVE | The low ADX value for ARMK suggests a weak or negative trend. |
38.93
+0.12 (+0.31%)
ARAMARK / ARMK FAQ
What is the technical rating for ARMK stock?
ChartMill assigns a technical rating of 4 / 10 to ARMK.
Can you provide the trend direction for ARAMARK?
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 61.7918. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ARAMARK?
The MACD indicator for ARAMARK (ARMK) has a value of 0.169036, indicating a bearish trend.
Can you provide the support and resistance levels for ARAMARK?
ARAMARK (ARMK) has a support level at 38.33 and a resistance level at 40.74. Check the full technical report for our detailed analysis of ARMK support and resistance levels.