ARAMARK (ARMK) Technical Analysis
NYSE:ARMK • US03852U1060
Current stock price
ARMK Technical Rating and Analysis
Taking everything into account, ARMK scores 4 out of 10 in our technical rating. ARMK has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- ARMK is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry. ARMK outperforms 82% 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.
- ARMK has an average volume of 3219180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- Looking at the yearly performance, ARMK did better than 75% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- In the last month ARMK has a been trading in the 38.68 - 42.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ARMK Weekly and Daily overview Charts
ARMK Setup Rating and Analysis
Although the technical rating is only medium, ARMK does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 41.59. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 39.92, a Stop Loss order could be placed below this zone.
More info and screens
ARMK Support and Resistance Analysis
30.61
We found 4 important support areas.
- A support zone ranging from 39.44 to 39.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 38.19 to 38.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 36.03 to 36.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 41.59 to 42.19. 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 | NEUTRAL | NEUTRAL | The long term trend for ARMK is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ARMK is neutral. |
| ChartMill Relative Strength | 75.62 | POSITIVE | ARMK has a high relative strength, it outperformed 75.62% 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) | UP | POSITIVE | The current price of ARMK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ARMK is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.83 | NEUTRAL | The RSI value for ARMK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests ARMK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.74 | NEUTRAL | The Stochastics value for ARMK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.83 | MEDIUM VOLATILITY | The ATR as a percentage value for ARMK suggests some volalility. |
| Average Directional Index/ADX (14) | 17.75 | NEGATIVE | The low ADX value for ARMK suggests a weak or negative trend. |
ARMK Chart- and CandleStick Pattern Analysis
ARMK Technicals: Chart, Performance Metrics, Trend & Indicators
40.29
+1.41 (+3.63%)
ARAMARK / ARMK TA FAQ
What is the technical rating for ARMK stock?
ChartMill assigns a technical rating of 4 / 10 to ARMK.
Can you provide the trend direction for ARAMARK?
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 51.8289. 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 -0.165365, indicating a bearish trend.
Can you provide the support and resistance levels for ARAMARK?
ARAMARK (ARMK) has a support level at 39.92 and a resistance level at 41.59. Check the full technical report for our detailed analysis of ARMK support and resistance levels.