ANTERO RESOURCES CORP (AR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AR - US03674X1063 - Common Stock
Overall AR gets a technical rating of 8 out of 10. Although AR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
AR has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
29.57
When analyzing the support we can see 3 important areas.
- Support @31.66 from a trend line in the weekly time frame.
- A support zone ranging from 30.77 to 30.85. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 29.87 to 30.02. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 36.31 to 37.36. This zone is formed by a combination of multiple trend lines and important moving averages 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 AR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AR is up. |
| ChartMill Relative Strength | 68.02 | NEUTRAL | AR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.3 | NEUTRAL | The RSI value for AR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests AR has a negative trend. |
| Stochastics (14,3) | 61.75 | NEUTRAL | The Stochastics value for AR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.96 | MEDIUM VOLATILITY | The ATR as a percentage value for AR suggests some volalility. |
| Average Directional Index/ADX (14) | 18.32 | NEGATIVE | The low ADX value for AR suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 36.32 | 34.67 | 1.66 (4.57%) | 21.88% |
| An entry @36.32. This is a Buy Stop order right above the 10 day moving average. | An exit @34.66. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.66 points, which is 4.57%. | For a 1.00% total portfolio risk, you can invest 21.88% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of AR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
35.19
-0.76 (-2.11%)
ANTERO RESOURCES CORP / AR FAQ
What is the ChartMill technical rating of ANTERO RESOURCES CORP (AR) stock?
ChartMill assigns a technical rating of 8 / 10 to AR.
Can you provide the trend direction for ANTERO RESOURCES CORP?
The current trend direction for ANTERO RESOURCES CORP (AR) is Bullish.
What is the RSI signal for ANTERO RESOURCES CORP (AR) stock?
ANTERO RESOURCES CORP (AR) has an RSI value of 50.3039. This indicates that the stock is currently neutral.
What is the MACD signal for AR stock?
The MACD indicator for ANTERO RESOURCES CORP (AR) has a value of -0.0502835, indicating a bearish trend.
Can you provide the buy/sell signal for ANTERO RESOURCES CORP?
The buy/sell signal for ANTERO RESOURCES CORP (AR) is buy as both the short term and long term trends are positive.