ARAMARK (ARMK) Technical Analysis
NYSE:ARMK • US03852U1060
Current stock price
ARMK Technical Rating and Analysis
Overall ARMK gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ARMK is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, ARMK did better than 81% of all other stocks.
- ARMK is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry. ARMK outperforms 82% of them.
- A new 52 week high is currently being made by ARMK, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month ARMK has a been trading in the 39.55 - 45.69 range, which is quite wide. It is currently trading near the high of this range.
- ARMK has an average volume of 2962650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ARMK Weekly and Daily overview Charts
ARMK Setup Rating and Analysis
Although ARMK has an excellent technical rating, it does not present a decent entry opportunity 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
ARMK Support and Resistance Analysis
37.98
2 important support areas can be observed.
- A support zone ranging from 39.75 to 39.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 38.36 to 38.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
ARMK Technical Indicator Signal Analysis
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 | 81.35 | POSITIVE | ARMK has a high relative strength, it outperformed 81.35% 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) | 71.21 | OVERBOUGHT | The high RSI value suggests ARMK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests ARMK has a positive trend. |
| Stochastics (14,3) | 97.38 | OVERBOUGHT | The high Stochastics value suggests ARMK may be overbought. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for ARMK suggests some volalility. |
| Average Directional Index/ADX (14) | 23.51 | NEUTRAL | The ADX value for ARMK suggests a possible start of a new trend. |
ARMK Chart- and CandleStick Pattern Analysis
ARMK Technicals: Chart, Performance Metrics, Trend & Indicators
45.6
+0.35 (+0.77%)
ARAMARK / ARMK TA FAQ
What is the technical rating for ARMK stock?
ChartMill assigns a technical rating of 10 / 10 to ARMK.
What is the current trend direction of ARAMARK (ARMK) stock?
The current trend direction for ARAMARK (ARMK) is Bullish.
Can you provide the RSI signal for ARAMARK?
ARAMARK (ARMK) has an RSI value of 71.2103. This indicates that the stock is currently overbought.
Can you provide the MACD signal for ARAMARK?
The MACD indicator for ARAMARK (ARMK) has a value of 0.31082, indicating a bearish trend.
Can you provide the buy/sell signal for ARAMARK?
The buy/sell signal for ARAMARK (ARMK) is buy as both the short term and long term trends are positive.