Antero Resources Technical Analysis (NYSE:AR)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The Antero Resources stock price data and volume are plotted in AR stock charts and these trading charts form the basis of technical analysis.
See Antero Resources bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Antero Resources stock analysis that does not care for the fair value of a company but uses price and volume data only.
Antero Resources Moving Average
Moving averages show the average price of AR stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $21.28 is above the price of $17.61.
Antero Resources Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the AR stock. Antero Resources bollinger bands show that the stock price is $17.61, upper band is 22.47, lower band is 20.21, and the average is 21.34.
Antero Resources Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Antero Resources MACD indicator can be used to identify bullish and bearish trends for the stock.
Antero Resources Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. If the RSI of AR stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.