ARCHROCK INC (AROC) Stock Technical Analysis
NYSE:AROC • US03957W1062
Overall AROC gets a technical rating of 9 out of 10. Both in the recent history as in the last year, AROC 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!
- AROC is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month AROC has a been trading in the 27.60 - 33.56 range, which is quite wide. It is currently trading near the high of this range.
- AROC has an average volume of 1602530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, AROC did better than 86% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- AROC is an average performer in the Energy Equipment & Services industry, it outperforms 54% of 60 stocks in the same industry.
AROC 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
22.42
We found 5 important support areas.
- A support zone ranging from 31.76 to 32.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @27.13 from a trend line in the daily time frame.
- A support zone ranging from 25.20 to 25.22. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 23.86 to 24.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.65 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 32.88 to 32.91. 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 | UP | POSITIVE | The short term trend for AROC is up. |
| ChartMill Relative Strength | 86.21 | POSITIVE | AROC has a high relative strength, it outperformed 86.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AROC is above the rising 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) | 77.22 | OVERBOUGHT | The high RSI value suggests AROC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests AROC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.38 | OVERBOUGHT | The high Stochastics value suggests AROC may be overbought. |
| Average True Range in percent/ATR (20) | 2.88 | MEDIUM VOLATILITY | The ATR as a percentage value for AROC suggests some volalility. |
| Average Directional Index/ADX (14) | 54.93 | POSITIVE | The high ADX value value for AROC suggests a strong trend. |
32.87
-0.03 (-0.09%)
ARCHROCK INC / AROC 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 AROC stock?
ARCHROCK INC (AROC) has an RSI value of 77.2206. This indicates that the stock is currently overbought.
What is the buy/sell signal for AROC stock?
The buy/sell signal for ARCHROCK INC (AROC) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for ARCHROCK INC (AROC) stock?
ARCHROCK INC (AROC) has a support level at 32.23 and a resistance level at 32.88. Check the full technical report for our detailed analysis of AROC support and resistance levels.