ARIS MINING CORP (ARMN) Stock Technical Analysis
USA - NYSEARCA:ARMN - CA04040Y1097 - Common Stock
10.16 USD
-0.8 (-7.3%)
10.11 USD
-0.05 (-0.49%)
Overall ARMN gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ARMN is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
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 currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ARMN is lagging the market slightly.
ARMN has an average volume of 1911260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ARMN is an average performer in the Metals & Mining industry, it outperforms 69% of 156 stocks in the same industry.
In the last month ARMN has a been trading in the 8.89 - 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.
ARMN has an excellent technical rating, but the quality of the setup is only medium 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
3.72
11.16
We found 7 important support areas.
- A support zone ranging from 8.90 to 9.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.10 from a trend line in the weekly time frame.
- Support @7.89 from a trend line in the daily time frame.
- Support @7.53 from a trend line in the daily time frame.
- Support @6.88 from a horizontal line in the daily time frame.
- Support @6.56 from a horizontal line in the daily time frame.
- Support @3.76 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- 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 | UP | POSITIVE | The short term trend for ARMN is up. |
| ChartMill Relative Strength | 95.16 | POSITIVE | ARMN has a high relative strength, it outperformed 95.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARMN is above the rising 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) | 52.8 | NEUTRAL | The RSI value for ARMN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ARMN has a negative trend. |
| Stochastics (14,3) | 68.4 | NEUTRAL | The Stochastics value for ARMN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.11 | HIGH VOLATILITY | The high ATR as a percentage value for ARMN suggests high volalility. |
| Average Directional Index/ADX (14) | 28.37 | POSITIVE | The high ADX value value for ARMN 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)
10.16
-0.8 (-7.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-7.3%
1 Week0.89%
2 Weeks1.09%
1 Month6.83%
3 Month47.03%
6 Month86.76%
12 Month110.79%
2 Year306.4%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.52
ATR(20)%5.11%
ATR Inc46.07%
Range Today0.87
ADR(20)0.45
ADR(20)%4.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.16
Mansfield6.01
10 Day High11.24
10 Day Low9.92
20 Day High11.24
20 Day Low8.89
52 Week High11.24
52 Week Low3.29
CS1 End9.18
CR1 Start11.05
Volume & EV
DER(3)-3.49%
DER(5)-1.15%
Volume1.64M
Volume Incr-43.28%
Vol(5)1.23M
Vol(50)1.91M