ARCHROCK INC (AROC) Stock Technical Analysis
NYSE:AROC - New York Stock Exchange, Inc. - US03957W1062 - Common Stock - Currency: USD
Overall AROC gets a technical rating of 4 out of 10. Although AROC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month AROC has a been trading in the 24.08 - 26.66 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that AROC is one of the better performing stocks in the market, outperforming 70% of all stocks.
AROC is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 79% of 63 stocks in the same industry.
AROC has an average volume of 1224090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
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.
AROC has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 25.83. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.80, a Stop Loss order could be placed below this zone.
More info and screens
21.36
27.39
3 important support areas can be observed.
- Support @24.48 from a horizontal line in the daily time frame.
- Support @23.34 from a trend line in the weekly time frame.
- A support zone ranging from 21.58 to 21.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 24.76 to 25.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.75 to 25.75. This zone is formed by a combination of multiple trend lines 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.
- 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 | NEUTRAL | NEUTRAL | The short term trend for AROC is neutral. |
| ChartMill Relative Strength | 70.81 | POSITIVE | AROC has a high relative strength, it outperformed 70.81% 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 | MIXED | The current price of AROC is below 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) | 46.14 | NEUTRAL | The RSI value for AROC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests AROC has a negative trend. |
| Stochastics (14,3) | 35.86 | NEUTRAL | The Stochastics value for AROC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for AROC suggests some volalility. |
| Average Directional Index/ADX (14) | 7.32 | 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)
24.72
+0.15 (+0.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg0.61%
1 Week-0.69%
2 Weeks0.04%
1 Month-3.65%
3 Month12.76%
6 Month-5.5%
12 Month22%
2 Year110.72%
3 Year191.11%
5 Year268.92%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.61
ATR(20)%2.86%
ATR Inc-20.39%
Range Today0.71
ADR(20)0.69
ADR(20)%2.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.81
Mansfield-0.36
10 Day High25.34
10 Day Low24.08
20 Day High26.66
20 Day Low24.08
52 Week High30.44
52 Week Low17.27
CS1 End24.8
CR1 Start25.83
Volume & EV
DER(3)1.45%
DER(5)0.87%
Volume1.27M
Volume Incr17.51%
Vol(5)1.41M
Vol(50)1.22M