ARCHROCK INC (AROC) Stock Technical Analysis
USA - NYSE:AROC - US03957W1062 - Common Stock
25.11 USD
-0.1 (-0.4%)
24.63 USD
-0.48 (-1.91%)
We assign a technical rating of 5 out of 10 to AROC. In the past year, AROC was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
AROC is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 73% of 61 stocks in the same industry.
AROC has an average volume of 1615630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, AROC outperforms 62% of them, which is more or less in line with the market.
AROC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AROC is lagging the market.
In the last month AROC has a been trading in the 23.61 - 27.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AROC has an average technical rating and also 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
21.57
27.39
We found 4 important support areas.
- A support zone ranging from 24.02 to 25.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.14 from a trend line in the weekly time frame.
- Support @22.52 from a trend line in the daily time frame.
- A support zone ranging from 21.79 to 22.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 26.38 to 26.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @27.12 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 | NEUTRAL | NEUTRAL | The long term trend for AROC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AROC is up. |
| ChartMill Relative Strength | 62.48 | NEUTRAL | AROC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AROC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AROC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AROC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.49 | NEUTRAL | The RSI value for AROC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests AROC has a negative trend. |
| Stochastics (14,3) | 50.9 | NEUTRAL | The Stochastics value for AROC is a neutral value. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for AROC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.2 | NEGATIVE | The low ADX value for AROC 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)
25.11
-0.1 (-0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.4%
1 Week-5.25%
2 Weeks4.19%
1 Month-0.55%
3 Month1.66%
6 Month15.24%
12 Month15.13%
2 Year98.18%
3 Year234.35%
5 Year323.44%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.78
ATR(20)%3%
ATR Inc30.31%
Range Today0.61
ADR(20)0.73
ADR(20)%2.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.48
Mansfield-0.95
10 Day High27.12
10 Day Low23.88
20 Day High27.12
20 Day Low23.61
52 Week High30.44
52 Week Low19.73
CS1 End25.02
CR1 Start26.38
Volume & EV
DER(3)-0.11%
DER(5)-0.52%
Volume1.29M
Volume Incr-13.65%
Vol(5)1.49M
Vol(50)1.62M