ARC RESOURCES LTD (ARX.CA) Stock Technical Analysis
TSX:ARX - Toronto Stock Exchange - CA00208D4084 - Common Stock - Currency: CAD
We assign a technical rating of 9 out of 10 to ARX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ARX is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ARX is one of the better performing stocks in the market, outperforming 73% of all stocks.
ARX is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 88% of 211 stocks in the same industry.
ARX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ARX is performing more or less in line with the market.
In the last month ARX has a been trading in the 24.71 - 30.17 range, which is quite wide. It is currently trading near the high of this range.
ARX has an average volume of 1840530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although ARX has an excellent technical rating, the quality of the presented setup is not ideal 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
23.63
30.11
When analyzing the support we can see 5 important areas.
- A support zone ranging from 27.33 to 27.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.49 from a trend line in the daily time frame.
- A support zone ranging from 24.89 to 25.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 24.40 to 24.42. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @23.87 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 29.68 to 29.81. 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 ARX.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARX.CA is up. |
| ChartMill Relative Strength | 73.67 | POSITIVE | ARX.CA has a high relative strength, it outperformed 73.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.01 | NEUTRAL | The RSI value for ARX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests ARX.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.24 | OVERBOUGHT | The high Stochastics value suggests ARX.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.68 | MEDIUM VOLATILITY | The ATR as a percentage value for ARX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.57 | POSITIVE | The high ADX value value for ARX.CA suggests a strong 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)
TSX:ARX (5/29/2025, 7:00:00 PM)
29.14
-0.37 (-1.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.25%
1 Week0.14%
2 Weeks5.83%
1 Month13.5%
3 Month10.14%
6 Month14.03%
12 Month14.11%
2 Year79.89%
3 Year54.49%
5 Year430.27%
10 Year29.19%
15 Year40.28%
Volatility
ATR(14)0.74
ATR(20)%2.68%
ATR Inc-7.86%
Range Today0.45
ADR(20)0.78
ADR(20)%2.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.67
Mansfield1.37
10 Day High30.17
10 Day Low27.32
20 Day High30.17
20 Day Low24.71
52 Week High30.17
52 Week Low21.44
CS1 End27.8
CR1 Start29.68
Volume & EV
DER(3)-1.13%
DER(5)-1.84%
Volume1.02M
Volume Incr-24.12%
Vol(5)1.29M
Vol(50)1.84M