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ARC RESOURCES LTD (ARX.CA) Stock Technical Analysis

TSX:ARX - Toronto Stock Exchange - CA00208D4084 - Common Stock - Currency: CAD

25.035  -0.07 (-0.3%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to ARX. ARX has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

In the last month ARX has a been trading in the 23.85 - 28.15 range, which is quite wide. It is currently trading near the lows of this range.
ARX has an average volume of 2030460 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, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, ARX outperforms 60% 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 66% of 214 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.
Weekly and Daily overview Charts
ARC RESOURCES LTD / ARX Weekly stock chart
ARC RESOURCES LTD / ARX Daily stock chart
Setup Rating and Analysis

6

ARX has a poor technical rating and the quality of the setup is also only medium 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.

Support and Resistance Analysis

22.10

27.72

We found 3 important support areas.

  • Support @25.02 from a trend line in the daily time frame.
  • A support zone ranging from 24.16 to 24.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @22.32 from a horizontal line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 25.05 to 26.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 27.34 to 27.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS60.4
Mansfield-0.69
10 Day High27.02
10 Day Low23.85
20 Day High28.15
20 Day Low23.85
52 Week High28.15
52 Week Low20.82
Performance
1 Week-1.28%
2 Weeks-6.59%
1 Month-8.8%
3 Month0.7%
6 Month6.49%
12 Month17.48%
2 Year68.47%
3 Year59.76%
5 Year328.68%
10 Year3.66%
15 Year14.05%
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)-0.21
RSI(14)39.31
LBB24.26
UBB27.34
ARC RESOURCES LTD / ARX Daily stock chart

ARC RESOURCES LTD

TSX:ARX (2/5/2025, 7:00:00 PM)

25.035

-0.07 (-0.3%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.3%
1 Week-1.28%
2 Weeks-6.59%
1 Month-8.8%
3 Month0.7%
6 Month6.49%
12 Month17.48%
2 Year68.47%
3 Year59.76%
5 Year328.68%
10 Year3.66%
15 Year14.05%
Volatility
ATR(14)0.75
ATR(20)%2.99%
ATR Inc-37.47%
Range Today0.35
ADR(20)0.72
ADR(20)%2.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.4
Mansfield-0.69
10 Day High27.02
10 Day Low23.85
20 Day High28.15
20 Day Low23.85
52 Week High28.15
52 Week Low20.82
CS1 End25.02
CR1 Start25.05
Volume & EV
DER(3)4.77%
DER(5)2.29%
Volume768.12K
Volume Incr-22.86%
Vol(5)1.55M
Vol(50)2.03M