ARCHROCK INC (AROC) Technical Analysis
NYSE:AROC • US03957W1062
Current stock price
35.19 USD
-0.68 (-1.9%)
At close:
35.19 USD
0 (0%)
After Hours:
AROC Technical Rating and Analysis
Taking everything into account, AROC scores 9 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- AROC is part of the Energy Equipment & Services industry. There are 62 other stocks in this industry, of which 60% are performing better than AROC.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, AROC did better than 86% of all other stocks. We also observe that the gains produced by AROC over the past year are nicely spread over this period.
- AROC 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 AROC is lagging the market slightly.
- AROC has an average volume of 1652260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month AROC has a been trading in the 33.55 - 37.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AROC Weekly and Daily overview Charts
AROC Setup Rating and Analysis
Besides having an excellent technical rating, AROC also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 35.18, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
AROC Support and Resistance Analysis
22.42
37.42
We found 4 important support areas.
- A support zone ranging from 33.75 to 35.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.44 to 25.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.02 from a trend line in the weekly time frame.
- Support @22.65 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 35.67 to 36.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 37.04 to 37.05. This zone is formed by a combination of multiple trend lines in the daily time frame.
AROC 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 AROC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AROC is neutral. |
| ChartMill Relative Strength | 86.04 | POSITIVE | AROC has a high relative strength, it outperformed 86.04% 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) | UP | POSITIVE | The current price of AROC is above the rising 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) | 47.26 | NEUTRAL | The RSI value for AROC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests AROC has a negative trend. |
| Stochastics (14,3) | 64.64 | NEUTRAL | The Stochastics value for AROC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.98 | MEDIUM VOLATILITY | The ATR as a percentage value for AROC suggests some volalility. |
| Average Directional Index/ADX (14) | 19.23 | NEGATIVE | The low ADX value for AROC suggests a weak or negative trend. |
AROC 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)
AROC Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 36.32 | 34.35 | 1.97 (5.42%) | 18.44% |
| An entry @36.32. This is a Buy Stop order right above the resistance zone. | An exit @34.35. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.97 points, which is 5.42%. | For a 1.00% total portfolio risk, you can invest 18.44% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AROC Technicals: Chart, Performance Metrics, Trend & Indicators
35.19
-0.68 (-1.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-1.9%
1 Week-3.16%
2 Weeks0.2%
1 Month-4.37%
3 Month26.36%
6 Month38.27%
12 Month44.28%
2 Year83.38%
3 Year241.98%
5 Year276.77%
10 Year257.26%
15 YearN/A
Volatility
ATR(14)1.03
ATR(20)%2.98%
ATR Inc24.39%
Range Today1.53
ADR(20)1.01
ADR(20)%2.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.04
3 months CRS93.64
6 months CRS92.32
Mansfield2
10 Day High37.01
10 Day Low34.36
20 Day High37.73
20 Day Low33.55
52 Week High37.73
52 Week Low21.17
CS1 End35.18
CR1 Start35.67
Volume & EV
DER(3)-1.71%
DER(5)-0.6%
Volume1.23M
Volume Incr-25.04%
Vol(5)1.27M
Vol(50)1.65M
ARCHROCK INC / AROC TA FAQ
What is the technical rating for AROC stock?
ChartMill assigns a technical rating of 9 / 10 to AROC.
What is the current trend direction of ARCHROCK INC (AROC) stock?
The current trend direction for ARCHROCK INC (AROC) is Bullish.
What is the RSI signal for ARCHROCK INC (AROC) stock?
ARCHROCK INC (AROC) has an RSI value of 47.2609. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ARCHROCK INC?
The short term momentum for ARCHROCK INC (AROC) is neutral.