ARIS MINING CORP (ARMN) Stock Technical Analysis
USA - NYSEARCA:ARMN - CA04040Y1097 - Common Stock
9.85 USD
+0.24 (+2.5%)
9.59 USD
-0.26 (-2.64%)
We assign a technical rating of 9 out of 10 to ARMN. In the last year, ARMN was one of the better performers, but we do observe some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that ARMN is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by ARMN over the past year are nicely spread over this period.
ARMN is one of the better performing stocks in the Metals & Mining industry, it outperforms 77% of 154 stocks in the same industry.
ARMN 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 ARMN is performing more or less in line with the market.
ARMN has an average volume of 1726290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ARMN has a been trading in the 8.75 - 11.24 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, ARMN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 9.84, a Stop Loss order could be placed below this zone.
More info and screens
6.49
11.16
5 important support areas can be observed.
- A support zone ranging from 9.53 to 9.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.08 to 9.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.50 from a trend line in the weekly time frame.
- Support @8.30 from a trend line in the daily time frame.
- Support @6.56 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 9.94 to 9.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @11.05 from a horizontal line in the daily 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 ARMN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ARMN is neutral. |
| ChartMill Relative Strength | 95.68 | POSITIVE | ARMN has a high relative strength, it outperformed 95.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARMN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARMN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARMN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.5 | NEUTRAL | The RSI value for ARMN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ARMN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.75 | NEUTRAL | The Stochastics value for ARMN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.04 | HIGH VOLATILITY | The high ATR as a percentage value for ARMN suggests high volalility. |
| Average Directional Index/ADX (14) | 17.32 | NEGATIVE | The low ADX value for ARMN suggests a weak or negative 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)
9.85
+0.24 (+2.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.5%
1 Week-0.3%
2 Weeks-0.81%
1 Month-2.18%
3 Month32.04%
6 Month63.08%
12 Month125.92%
2 Year210.73%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.6
ATR(20)%6.04%
ATR Inc-42.09%
Range Today0.31
ADR(20)0.48
ADR(20)%4.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.68
3 months CRS91.68
6 months CRS91.12
Mansfield4.76
10 Day High10.51
10 Day Low8.75
20 Day High11.24
20 Day Low8.75
52 Week High11.24
52 Week Low3.29
CS1 End9.84
CR1 Start9.94
Volume & EV
DER(3)2.29%
DER(5)1.82%
Volume1.08M
Volume Incr-42.28%
Vol(5)806.34K
Vol(50)1.73M
ARIS MINING CORP / ARMN FAQ
Can you provide the ChartMill technical rating for ARIS MINING CORP?
ChartMill assigns a technical rating of 9 / 10 to ARMN.
What is the trend direction for ARMN stock?
The current trend direction for ARIS MINING CORP (ARMN) is Bullish.
Can you provide the RSI signal for ARIS MINING CORP?
ARIS MINING CORP (ARMN) has an RSI value of 50.5041. This indicates that the stock is currently neutral.
What is the MACD signal for ARMN stock?
The MACD indicator for ARIS MINING CORP (ARMN) has a value of -0.0413334, indicating a bearish trend.