Technical Analysis for ARX - ARC Resources Ltd.

Grade Last Price % Change Price Change
D 23.460 1.21% 0.280
ARX closed up 1.21 percent on Friday, July 26, 2024, on 40 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
Earnings due: Jul 31
*** please verify all earnings dates ***
2 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Flat

Date Alert Name Type % Chg
Slingshot Bearish Bearish Swing Setup 0.00%
Oversold Stochastic Weakness 0.00%
Lizard Bullish Bullish Day Trade Setup 1.21%
Doji - Bullish? Reversal 1.21%
Lower Bollinger Band Touch Weakness 1.21%
Oversold Stochastic Weakness 1.21%
180 Bearish Setup Bearish Swing Setup 1.21%
Expansion Breakdown Bearish Swing Setup 1.21%
Reversal New Lows Setup Bearish Swing Setup 1.21%
Outside Day Range Expansion 1.21%

   Recent Intraday Alerts

Alert Time
Lizard Bullish Entry about 9 hours ago
Rose Above Previous Day's High about 9 hours ago
Possible Inside Day about 10 hours ago
Possible NR7 about 10 hours ago
Lower Bollinger Band Support 1 day ago

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Profile

ARC Resources Ltd. Description

ARC Resources Ltd is a crude oil and natural gas company. It is engaged in the exploration, development and production of crude oil and natural gas in Canada with an emphasis on the development of properties with hydrocarbons in place, commonly referred to as resource plays. Its properties, North Pembina Cardium Unit No. 1 (NPCU 1), Berrymoor Cardium Unit and Lindale Cardium Unit, are located in the Pembina Cardium field. Its Ante Creek property is located within the oil prone Montney trend, and produces a mixture of gas, oil and liquids. The Swan Hills property provides exposure to the Slave Point carbonate reef, which produces oil. Its South Central Alberta area includes a range of assets from southern and central Alberta. The Redwater field, located in central Alberta, produces light crude oil. The Company's Dawson Phase III facility is designed for processing capacity of approximately 90 million cubic feet (MMcf) per day and over 7,500 barrels per day of liquids-handling capacity.


Classification

Sector: Energy
Industry: Oil & Gas E&P
Keywords: Oil Natural Gas Petroleum Water Carbon Light Crude Oil Liquids Nature Western Canadian Sedimentary Basin Dawson Cardium Hydrocarbons Pembina Crew Energy Natural Gas In Canada Light Crude Oil Arc Resources Cardium Formation

Is ARX a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 25.9905
52 Week Low 18.5933
Average Volume 1,969,321
200-Day Moving Average 22.705
50-Day Moving Average 24.448
20-Day Moving Average 24.032
10-Day Moving Average 23.565
Average True Range 0.571
RSI (14) 41.86
ADX 29.7
+DI 10.733
-DI 23.866
Chandelier Exit (Long, 3 ATRs) 23.708
Chandelier Exit (Short, 3 ATRs) 24.492
Upper Bollinger Bands 25.299
Lower Bollinger Band 22.764
Percent B (%b) 0.27
BandWidth 10.545
MACD Line -0.319
MACD Signal Line -0.266
MACD Histogram -0.0525
Fundamentals Value
Market Cap 8.29 Billion
Num Shares 353 Million
EPS 0.40
Price-to-Earnings (P/E) Ratio 58.65
Price-to-Sales 2.08
Price-to-Book 0.88
PEG Ratio 2.65
Dividend 0.24
Dividend Yield 1.02%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 24.225
Resistance 3 (R3) 24.140 23.800 24.098
Resistance 2 (R2) 23.800 23.605 23.843 24.055
Resistance 1 (R1) 23.630 23.485 23.715 23.715 24.012
Pivot Point 23.290 23.290 23.333 23.333 23.290
Support 1 (S1) 23.120 23.095 23.205 23.205 22.908
Support 2 (S2) 22.780 22.975 22.823 22.865
Support 3 (S3) 22.610 22.780 22.823
Support 4 (S4) 22.695