ARCHROCK INC (AROC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AROC - US03957W1062 - Common Stock
23.32 USD
+0.28 (+1.22%)
23.32 USD
0 (0%)
Overall AROC gets a technical rating of 0 out of 10. AROC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, AROC is a bad performer in the overall market: 72% of all stocks are doing better.
AROC is one of the lesser performing stocks in the Energy Equipment & Services industry. 61% of 60 stocks in the same industry do better.
In the last month AROC has a been trading in the 22.88 - 26.20 range, which is quite wide. It is currently trading near the lows of this range.
AROC has an average volume of 1775170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
AROC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AROC is lagging the market slightly.
Although the technical rating is bad, AROC does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
21.57
26.78
2 important support areas can be observed.
- Support @22.95 from a trend line in the daily time frame.
- Support @21.79 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 23.53 to 23.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.45 to 24.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.77 to 25.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 26.41 to 26.51. 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 | NEUTRAL | NEUTRAL | The long term trend for AROC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AROC is down. |
| ChartMill Relative Strength | 28.66 | NEGATIVE | AROC has a low relative strength, it was outperformed by 71.34% 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 | NEGATIVE | The current price of AROC is below a declining 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) | 39.92 | NEUTRAL | The RSI value for AROC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests AROC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.03 | OVERSOLD | The low Stochastics value suggests AROC may be oversold. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for AROC suggests some volalility. |
| Average Directional Index/ADX (14) | 19.11 | 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)
23.32
+0.28 (+1.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg1.22%
1 Week-3.2%
2 Weeks-5.13%
1 Month-8.37%
3 Month-7.46%
6 Month-5.89%
12 Month-9.82%
2 Year60.94%
3 Year167.74%
5 Year200.13%
10 Year120.62%
15 YearN/A
Volatility
ATR(14)0.84
ATR(20)%3.69%
ATR Inc16.24%
Range Today0.62
ADR(20)0.86
ADR(20)%3.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.66
3 months CRS28.26
6 months CRS23.49
Mansfield-1.43
10 Day High25.29
10 Day Low22.88
20 Day High26.2
20 Day Low22.88
52 Week High30.44
52 Week Low20.12
CS1 End22.95
CR1 Start23.53
Volume & EV
DER(3)-0.02%
DER(5)1.24%
Volume1.47M
Volume Incr-21.67%
Vol(5)1.55M
Vol(50)1.78M
ARCHROCK INC / AROC FAQ
What is the technical rating for AROC stock?
ChartMill assigns a technical rating of 0 / 10 to AROC.
What is the trend direction for AROC stock?
The current trend direction for ARCHROCK INC (AROC) is Bearish.
What is the RSI signal for AROC stock?
ARCHROCK INC (AROC) has an RSI value of 39.9212. This indicates that the stock is currently neutral.
What is the short term momentum for ARCHROCK INC (AROC) stock?
The short term momentum for ARCHROCK INC (AROC) is negative.
What is the support and resistance level for AROC stock?
ARCHROCK INC (AROC) has a support level at 22.95 and a resistance level at 23.53. Check the full technical report for our detailed analysis of AROC support and resistance levels.