ARC RESOURCES LTD (ARX.CA)
CA00208D4084 - Common Stock
We assign a technical rating of 1 out of 10 to ARX. ARX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
ARX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
ARX has an average volume of 1888280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, ARX outperforms 48% of them, which is more or less in line with the market.
ARX is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 65% of 220 stocks in the same industry.
ARX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ARX is lagging the market.
ARX has a poor technical rating and the quality of the setup is also not perfect 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
21.94
26.55
We found 1 important support area.
- A support zone ranging from 22.16 to 22.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 23.78 to 23.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.98 to 26.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.46
Mansfield-1
10 Day High24.2
10 Day Low21.44
20 Day High25.84
20 Day Low21.44
52 Week High26.45
52 Week Low19.02
Performance
1 Week5.55%
2 Weeks-1.97%
1 Month-7.26%
3 Month-1.97%
6 Month-0.81%
12 Month13.27%
2 Year40.99%
3 Year97.05%
5 Year270.68%
10 Year-20.85%
15 Year15.79%
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)-0.07
RSI(14)46.05
LBB21.41
UBB25.3
ARC RESOURCES LTD
TSX:ARX (9/18/2024, 7:00:00 PM)
22.71
-0.5 (-2.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.15%
1 Week5.55%
2 Weeks-1.97%
1 Month-7.26%
3 Month-1.97%
6 Month-0.81%
12 Month13.27%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.65
ATR(20)%2.54%
ATR Inc
Range Today0.53
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High24.2
10 Day Low21.44
20 Day High25.84
20 Day Low21.44
52 Week High26.45
52 Week Low19.02
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.43M
Volume Incr9.24%
Vol(5)2.18M
Vol(50)1.89M