Technical Analysis for ARX - ARC Resources Ltd.

Grade Last Price % Change Price Change
B 26.760 -0.78% -0.210
ARX closed down 0.78 percent on Friday, November 22, 2024, on 58 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Golden Cross Bullish 0.00%
New Uptrend Bullish 0.00%
Jack-in-the-Box Bullish Bullish Swing Setup 0.00%
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
New 52 Week Closing High Bullish -0.78%
Expansion Breakout Bullish Swing Setup -0.78%
Pocket Pivot Bullish Swing Setup -0.78%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 15 hours ago
Possible NR7 about 15 hours ago
Down 1% about 19 hours ago
Fell Below Upper Bollinger Band about 19 hours ago
Rose Above Upper Bollinger Band 2 days 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 27.4
52 Week Low 18.4482
Average Volume 2,198,996
200-Day Moving Average 23.922
50-Day Moving Average 23.927
20-Day Moving Average 24.658
10-Day Moving Average 25.738
Average True Range 0.704
RSI (14) 68.25
ADX 25.5
+DI 39.327
-DI 13.186
Chandelier Exit (Long, 3 ATRs) 25.288
Chandelier Exit (Short, 3 ATRs) 24.612
Upper Bollinger Bands 27.244
Lower Bollinger Band 22.071
Percent B (%b) 0.91
BandWidth 20.981
MACD Line 0.772
MACD Signal Line 0.526
MACD Histogram 0.2457
Fundamentals Value
Market Cap 9.46 Billion
Num Shares 353 Million
EPS 0.40
Price-to-Earnings (P/E) Ratio 66.90
Price-to-Sales 2.08
Price-to-Book 0.88
PEG Ratio 2.65
Dividend 0.24
Dividend Yield 0.90%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 27.285
Resistance 3 (R3) 27.273 27.087 27.198
Resistance 2 (R2) 27.087 26.953 27.093 27.168
Resistance 1 (R1) 26.923 26.870 26.830 26.935 27.139
Pivot Point 26.737 26.737 26.690 26.743 26.737
Support 1 (S1) 26.573 26.603 26.480 26.585 26.381
Support 2 (S2) 26.387 26.520 26.393 26.352
Support 3 (S3) 26.223 26.387 26.323
Support 4 (S4) 26.235