ARIS MINING CORP (ARMN) Technical Analysis
NYSEARCA:ARMN • CA04040Y1097
Current stock price
19.16 USD
+0.63 (+3.4%)
At close:
19.121 USD
-0.04 (-0.2%)
After Hours:
ARMN Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to ARMN. Both in the recent history as in the last year, ARMN has proven to be a steady performer, scoring decent points in every aspect analyzed.
- 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 99% of all stocks. On top of that, ARMN also shows a nice and consistent pattern of rising prices.
- ARMN is one of the better performing stocks in the Metals & Mining industry, it outperforms 99% of 159 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 1963890 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 16.66 - 21.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ARMN Weekly and Daily overview Charts
ARMN Setup Rating and Analysis
Besides having an excellent technical rating, ARMN also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
ARMN Support and Resistance Analysis
10.40
19.73
5 important support areas can be observed.
- A support zone ranging from 18.63 to 18.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @17.98 from a trend line in the daily time frame.
- A support zone ranging from 17.14 to 17.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.54 from a trend line in the weekly time frame.
- Support @10.50 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 19.31 to 19.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
ARMN 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 ARMN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARMN is up. |
| ChartMill Relative Strength | 99.1 | POSITIVE | ARMN has a high relative strength, it outperformed 99.1% 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) | 52.91 | NEUTRAL | The RSI value for ARMN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests ARMN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.16 | NEUTRAL | The Stochastics value for ARMN is a neutral value. |
| Average True Range in percent/ATR (20) | 7.46 | HIGH VOLATILITY | The high ATR as a percentage value for ARMN suggests high volalility. |
| Average Directional Index/ADX (14) | 22.94 | NEUTRAL | The ADX value for ARMN suggests a possible start of a new trend. |
ARMN Chart- and CandleStick Pattern Analysis
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)
ARMN Technicals: Chart, Performance Metrics, Trend & Indicators
19.16
+0.63 (+3.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg3.4%
1 Week-1.14%
2 Weeks-1.44%
1 Month-2.1%
3 Month64.75%
6 Month169.48%
12 Month402.89%
2 Year579.43%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.57
ATR(20)%7.46%
ATR Inc-19.1%
Range Today0.71
ADR(20)1.25
ADR(20)%6.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.1
3 months CRS97.87
6 months CRS98.63
Mansfield8.72
10 Day High20.34
10 Day Low17.54
20 Day High21.98
20 Day Low16.66
52 Week High21.98
52 Week Low3.57
CS1 End18.92
CR1 Start19.31
Volume & EV
DER(3)0.39%
DER(5)-2.7%
Volume1.74M
Volume Incr-27.51%
Vol(5)1.54M
Vol(50)1.96M
ARIS MINING CORP / ARMN TA FAQ
Can you provide the ChartMill technical rating for ARIS MINING CORP?
ChartMill assigns a technical rating of 10 / 10 to ARMN.
Can you provide the trend direction for ARIS MINING CORP?
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 52.9123. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ARIS MINING CORP?
The short term momentum for ARIS MINING CORP (ARMN) is positive.
What are the support and resistance levels for ARIS MINING CORP (ARMN) stock?
ARIS MINING CORP (ARMN) has a support level at 18.92 and a resistance level at 19.31. Check the full technical report for our detailed analysis of ARMN support and resistance levels.