The 10-day RSI Indicator for AROC moved out of overbought territory on November 28, 2023. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 35 instances where the indicator moved out of the overbought zone. In of the 35 cases the stock moved lower in the days that followed. This puts the odds of a move down at .
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Moving Average Convergence Divergence Histogram (MACD) for AROC turned negative on November 28, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 52 similar instances when the indicator turned negative. In of the 52 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where AROC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
AROC broke above its upper Bollinger Band on November 02, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Momentum Indicator moved above the 0 level on November 01, 2023. You may want to consider a long position or call options on AROC as a result. In of 91 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
AROC moved above its 50-day moving average on October 31, 2023 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AROC advanced for three days, in of 309 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 257 cases where AROC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 85, placing this stock better than average.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.631) is normal, around the industry mean (3.645). P/E Ratio (27.396) is within average values for comparable stocks, (68.293). Projected Growth (PEG Ratio) (2.230) is also within normal values, averaging (2.098). Dividend Yield (0.042) settles around the average of (0.041) among similar stocks. P/S Ratio (2.358) is also within normal values, averaging (1.374).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. AROC’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a manufacturer of equipment for oil and natural gas production, processing and transportation
Industry OilfieldServicesEquipment
A.I.dvisor indicates that over the last year, AROC has been loosely correlated with HAL. These tickers have moved in lockstep 63% of the time. This A.I.-generated data suggests there is some statistical probability that if AROC jumps, then HAL could also see price increases.
Ticker / NAME | Correlation To AROC | 1D Price Change % | ||
---|---|---|---|---|
AROC | 100% | -1.22% | ||
HAL - AROC | 63% Loosely correlated | -2.78% | ||
DRQ - AROC | 61% Loosely correlated | -3.30% | ||
SLB - AROC | 59% Loosely correlated | -2.26% | ||
NOV - AROC | 59% Loosely correlated | -1.47% | ||
SLCA - AROC | 59% Loosely correlated | -2.12% | ||
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Ticker / NAME | Correlation To AROC | 1D Price Change % |
---|---|---|
AROC | 100% | -1.22% |
AROC (undefined stocks) | 79% Closely correlated | -2.73% |
oil field equipment (undefined stocks) | 69% Closely correlated | -1.48% |
oil field service (undefined stocks) | 69% Closely correlated | -1.52% |
natural gas (undefined stocks) | 69% Closely correlated | -1.56% |
Industrial Services (undefined stocks) | 67% Closely correlated | -0.90% |
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