ARAMARK (ARMK) Stock Technical Analysis
NYSE:ARMK - New York Stock Exchange, Inc. - US03852U1060 - Common Stock - Currency: USD
Overall ARMK gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ARMK has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ARMK did better than 83% of all other stocks.
ARMK is part of the Hotels, Restaurants & Leisure industry. There are 133 other stocks in this industry. ARMK outperforms 72% of them.
ARMK is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ARMK is performing more or less in line with the market.
In the last month ARMK has a been trading in the 37.66 - 40.88 range, which is quite wide. It is currently trading near the high of this range.
ARMK has an average volume of 2082290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, ARMK also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 41.61. Right above this resistance zone may be a good entry point.
More info and screens
30.61
42.65
When analyzing the support we can see 4 important areas.
- A support zone ranging from 39.38 to 40.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @38.32 from a horizontal line in the daily time frame.
- Support @32.14 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 41.61 to 42.23. 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 | UP | POSITIVE | The short term trend for ARMK is up. |
| ChartMill Relative Strength | 83.86 | POSITIVE | ARMK has a high relative strength, it outperformed 83.86% off all stocks 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) | UP | POSITIVE | The current price of ARMK is above the rising 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) | 67.91 | NEUTRAL | The RSI value for ARMK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ARMK has a negative trend. |
| Stochastics (14,3) | 82.37 | OVERBOUGHT | The high Stochastics value suggests ARMK may be overbought. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for ARMK suggests some volalility. |
| Average Directional Index/ADX (14) | 35.52 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 40.89 | 39.37 | 1.52 (3.72%) | 25.00% |
| An entry @40.89. This is a Buy Stop order right above the 10 day high. | An exit @39.37. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.52 points, which is 3.72%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.93%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
40.3
-0.13 (-0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.32%
1 Week0.5%
2 Weeks1.31%
1 Month7.07%
3 Month12.16%
6 Month-3.15%
12 Month21.2%
2 Year-6.39%
3 Year31.57%
5 Year78.56%
10 Year30.13%
15 YearN/A
Volatility
ATR(14)0.81
ATR(20)%2.03%
ATR Inc5.17%
Range Today1.07
ADR(20)0.78
ADR(20)%1.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.86
Mansfield0.55
10 Day High40.88
10 Day Low38.32
20 Day High40.88
20 Day Low37.66
52 Week High42.49
52 Week Low29.92
CS1 End40.29
CR1 Start41.61
Volume & EV
DER(3)2.4%
DER(5)1.8%
Volume1.40M
Volume Incr-34.28%
Vol(5)1.42M
Vol(50)2.08M