ARAMARK (ARMK) Technical Analysis
NYSE:ARMK • US03852U1060
Current stock price
ARMK Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to ARMK. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ARMK is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- ARMK is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry. ARMK outperforms 80% of them.
- 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 38.68 - 44.40 range, which is quite wide. It is currently trading near the high of this range.
- ARMK has an average volume of 3061130 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 76% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
ARMK Weekly and Daily overview Charts
ARMK Setup Rating and Analysis
Although ARMK has an excellent technical rating, the quality of the presented setup is not ideal 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 39.62 to 39.88. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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.
We found 1 important resistance area.
- A resistance zone ranging from 43.90 to 44.21. 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 | 76.76 | POSITIVE | ARMK has a high relative strength, it outperformed 76.76% 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) | 63.85 | NEUTRAL | The RSI value for ARMK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests ARMK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.52 | OVERBOUGHT | The high Stochastics value suggests ARMK may be overbought. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for ARMK suggests some volalility. |
| Average Directional Index/ADX (14) | 20.49 | 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
43.81
-0.39 (-0.88%)
ARAMARK / ARMK TA FAQ
What is the technical rating for ARMK stock?
ChartMill assigns a technical rating of 8 / 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 63.8537. 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 0.257121, 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.