ARAMARK (ARMK) Stock Technical Analysis
NYSE:ARMK - New York Stock Exchange, Inc. - US03852U1060 - Common Stock - Currency: USD
Taking everything into account, ARMK scores 9 out of 10 in our technical rating. 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!
ARMK is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 70% of 133 stocks in the same industry.
ARMK is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ARMK has a been trading in the 39.10 - 43.20 range, which is quite wide. It is currently trading near the high of this range.
ARMK has an average volume of 1901650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that ARMK is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
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
30.61
43.22
4 important support areas can be observed.
- A support zone ranging from 41.64 to 41.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 38.81 to 40.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.49 from a trend line in the weekly time frame.
- Support @30.92 from a horizontal line in the weekly 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 | 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 | 84.84 | POSITIVE | ARMK has a high relative strength, it outperformed 84.84% 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) | 71.2 | OVERBOUGHT | The high RSI value suggests ARMK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests ARMK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.9 | OVERBOUGHT | The high Stochastics value suggests ARMK may be overbought. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for ARMK suggests low volalility. |
| Average Directional Index/ADX (14) | 28.85 | 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)
42.79
-0.19 (-0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.44%
1 Week2.12%
2 Weeks6.66%
1 Month6.18%
3 Month36.45%
6 Month15.24%
12 Month31.91%
2 Year5.99%
3 Year28.11%
5 Year102.6%
10 Year34.48%
15 YearN/A
Volatility
ATR(14)0.74
ATR(20)%1.77%
ATR Inc16.37%
Range Today0.52
ADR(20)0.73
ADR(20)%1.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.84
Mansfield0.59
10 Day High43.2
10 Day Low39.72
20 Day High43.2
20 Day Low39.1
52 Week High43.2
52 Week Low29.92
CS1 End40.84
CR1 StartN/A
Volume & EV
DER(3)3.27%
DER(5)2.72%
Volume1.39M
Volume Incr27.64%
Vol(5)2.05M
Vol(50)1.90M