ARC RESOURCES LTD (ARX.CA) Stock Technical Analysis
TSX:ARX - Toronto Stock Exchange - CA00208D4084 - Common Stock - Currency: CAD
Taking everything into account, ARX scores 5 out of 10 in our technical rating. ARX has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month ARX has a been trading in the 28.17 - 31.56 range, which is quite wide. It is currently trading near the lows of this range.
ARX is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 73% of 210 stocks in the same industry.
ARX 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 ARX is lagging the market slightly.
ARX has an average volume of 1678960 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, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When compared to the yearly performance of all other stocks, ARX outperforms 61% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
ARX has an average technical rating and it also does not offer a high quality setup 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
31.60
We found 4 important support areas.
- A support zone ranging from 28.53 to 28.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.91 from a trend line in the weekly time frame.
- A support zone ranging from 24.40 to 25.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 30.80 to 31.29. 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 | DOWN | NEGATIVE | The short term trend for ARX.CA is down. |
| ChartMill Relative Strength | 61.37 | NEUTRAL | ARX.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARX.CA is below a declining 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) | 41.87 | NEUTRAL | The RSI value for ARX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests ARX.CA has a negative trend. |
| Stochastics (14,3) | 17.4 | OVERSOLD | The low Stochastics value suggests ARX.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for ARX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 24.44 | NEUTRAL | The ADX value for ARX.CA suggests a possible start of a new 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 (6/30/2025, 7:00:00 PM)
28.71
-0.07 (-0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.24%
1 Week-4.04%
2 Weeks-6.88%
1 Month-1.75%
3 Month11.15%
6 Month6.61%
12 Month15.63%
2 Year62.48%
3 Year76.89%
5 Year529.61%
10 Year34.16%
15 Year45.51%
Volatility
ATR(14)0.78
ATR(20)%2.59%
ATR Inc-25.05%
Range Today0.43
ADR(20)0.74
ADR(20)%2.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.37
Mansfield0.34
10 Day High31.56
10 Day Low28.17
20 Day High31.56
20 Day Low28.17
52 Week High31.56
52 Week Low21.44
CS1 End28.77
CR1 Start30.8
Volume & EV
DER(3)-3.12%
DER(5)-4.19%
Volume1.71M
Volume Incr57.82%
Vol(5)2.48M
Vol(50)1.68M