ARCHROCK INC (AROC)

US03957W1062 - Common Stock

24.755  -0.05 (-0.18%)

Technical Rating and Analysis

9

Taking everything into account, AROC scores 9 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, AROC did better than 92% of all other stocks. We also observe that the gains produced by AROC over the past year are nicely spread over this period.
AROC is part of the Energy Equipment & Services industry. There are 59 other stocks in this industry. AROC outperforms 86% of them.
AROC 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 AROC is lagging the market slightly.
AROC has an average volume of 1314510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month AROC has a been trading in the 23.54 - 27.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
AROC Weekly chart
AROC Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, AROC 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. There is very little resistance above the current price. There is a support zone below the current price at 24.55, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

19.96

26.93

We found 4 important support areas.

  • A support zone ranging from 24.25 to 24.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 23.41 to 23.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 21.05 to 21.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @20.16 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • Resistance @26.66 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.03
Mansfield1.11
10 Day High27.05
10 Day Low23.54
20 Day High27.05
20 Day Low23.54
52 Week High27.05
52 Week Low14.39
Performance
1 Week-3.09%
2 Weeks-3.46%
1 Month-2.29%
3 Month21.63%
6 Month22.65%
12 Month61.04%
2 Year176.17%
3 Year231.55%
5 Year147.01%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.3
RSI(14)50.81
LBB23.65
UBB27.01
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
25.2124.240.97 (3.84%)25.00%
An entry @25.21. This is a Buy Stop order right above the 10 day moving average.An exit @24.24. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.97 points, which is 3.84%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.96%.

  • The distance between exit and entry is rather small compared to the average daily movement of AROC. 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.
AROC Daily chart

ARCHROCK INC

NYSE:AROC (12/26/2024, 10:58:59 AM)

24.755

-0.05 (-0.18%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.18%
1 Week-3.09%
2 Weeks-3.46%
1 Month-2.29%
3 Month21.63%
6 Month22.65%
12 Month61.04%
2 Year176.17%
3 Year231.55%
5 Year147.01%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.89
ATR(20)%3.3%
ATR Inc-46.11%
Range Today0.31
ADR(20)0.78
ADR(20)%3.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.03
Mansfield1.11
10 Day High27.05
10 Day Low23.54
20 Day High27.05
20 Day Low23.54
52 Week High27.05
52 Week Low14.39
CS1 End24.55
CR1 Start26.66
Volume & EV
DER(3)-0.66%
DER(5)-1.41%
Volume65.03K
Volume Incr26%
Vol(5)1.76M
Vol(50)1.31M