ARMK Technical Analysis - ARAMARK

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to ARMK. ARMK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

76% of all other stocks performed better in the past year than ARMK.

In the last month ARMK has a been trading in the 37.70 - 40.24 range, which is quite wide. It is currently trading near the lows of this range.

ARMK has an average volume of 2016280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

ARMK is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 46% of 133 stocks in the same industry.

ARMK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ARMK is lagging the market.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although the technical rating is bad, ARMK does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 37.80, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

30.61

41.32

3 important support areas can be observed.

A support zone ranging from 37.80 to 37.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @32.82 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 2 important areas.

A resistance zone ranging from 38.58 to 40.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 40.75 to 40.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

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What is Support and Resistance

Support and Resistance indicators

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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	DOWN	NEGATIVE	The long term trend for ARMK is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for ARMK is down.
ChartMill Relative Strength	24.27	NEGATIVE	ARMK has a low relative strength, it was outperformed by 75.73% 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)	DOWN	NEGATIVE	The current price of ARMK is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of ARMK is below a declining SMA(200).
Relative Strength Index/RSI (14)	35.7	NEUTRAL	The RSI value for ARMK is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.01	NEGATIVE	The MACD value suggests ARMK has a negative trend.
Stochastics (14,3)	27.23	NEUTRAL	The Stochastics value for ARMK is a neutral value.
Average True Range in percent/ATR (20)	1.95	LOW VOLATILITY	The low ATR as a percentage value for ARMK suggests low volalility.
Average Directional Index/ADX (14)	24.18	NEUTRAL	The ADX value for ARMK suggests a possible start of a new trend.