ARCHROCK INC (AROC) Stock Technical Analysis
NYSE:AROC - New York Stock Exchange, Inc. - US03957W1062 - Common Stock - Currency: USD
Taking everything into account, AROC scores 5 out of 10 in our technical rating. AROC was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
AROC is part of the Energy Equipment & Services industry. There are 63 other stocks in this industry. AROC outperforms 85% of them.
AROC has an average volume of 1347760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that AROC is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
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 24.00 - 26.66 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 the quality of the presented setup is also not ideal at the moment. Prices have been consolidating lately.
More info and screens
21.52
26.67
When analyzing the support we can see 3 important areas.
- A support zone ranging from 24.46 to 24.79. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @22.99 from a trend line in the weekly time frame.
- A support zone ranging from 21.74 to 21.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 25.06 to 25.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 26.41 to 26.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 AROC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AROC is neutral. |
| ChartMill Relative Strength | 81.32 | POSITIVE | AROC has a high relative strength, it outperformed 81.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AROC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AROC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AROC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.37 | NEUTRAL | The RSI value for AROC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AROC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.49 | NEUTRAL | The Stochastics value for AROC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for AROC suggests some volalility. |
| Average Directional Index/ADX (14) | 9.81 | 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)
24.8
-1.19 (-4.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-4.58%
1 Week-4.14%
2 Weeks-1.94%
1 Month-2.05%
3 Month-0.64%
6 Month-4.58%
12 Month34.05%
2 Year141.95%
3 Year199.88%
5 Year282.13%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.77
ATR(20)%2.77%
ATR Inc70.94%
Range Today1.56
ADR(20)0.65
ADR(20)%2.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.32
Mansfield0.03
10 Day High26.66
10 Day Low24.57
20 Day High26.66
20 Day Low24
52 Week High30.44
52 Week Low17.27
CS1 End24.79
CR1 Start25.06
Volume & EV
DER(3)-0.63%
DER(5)-2.53%
Volume1.48M
Volume Incr-2.44%
Vol(5)1.11M
Vol(50)1.35M