ARAMARK (ARMK) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ARMK - US03852U1060 - Common Stock
Overall ARMK gets a technical rating of 0 out of 10. 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.
Although the technical rating is bad, ARMK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 38.36. Right above this resistance zone may be a good entry point.
More info and screens
30.61
3 important support areas can be observed.
- Support @37.16 from a horizontal line in the weekly time frame.
- A support zone ranging from 36.03 to 36.33. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @30.92 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 38.36 to 38.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 40.00 to 40.74. 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 | DOWN | NEGATIVE | The long term trend for ARMK is down. |
| 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) | 43.64 | NEUTRAL | The RSI value for ARMK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ARMK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.95 | NEUTRAL | The Stochastics value for ARMK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for ARMK suggests some volalility. |
| Average Directional Index/ADX (14) | 19.48 | NEGATIVE | The low ADX value for ARMK suggests a weak or negative trend. |
37.17
-0.13 (-0.35%)
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 43.644. 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 0.0262239, indicating a bearish trend.
What is the buy/sell signal for ARMK stock?
The buy/sell signal for ARAMARK (ARMK) is sell as both the short term and long term trends are negative.