RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of AR
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A very strong day for Antero Resources stock price on Wednesday
(Updated on Mar 27, 2024)

Buy or Hold candidate since Feb 15, 2024 Gain 22.11% PDF

The Antero Resources stock price gained 5.12% on the last trading day (Wednesday, 27th Mar 2024), rising from $27.32 to $28.72. During the last trading day the stock fluctuated 5.82% from a day low at $27.16 to a day high of $28.74. The price has risen in 7 of the last 10 days and is up by 10.21% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 3 million more shares were traded than the day before. In total, 6 million shares were bought and sold for approximately $160.11 million.

The stock has broken the wide and strong rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at $28.46, a level that may pose a second chance to hit a runner. According to fan-theory $33.09 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

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AR Signals & Forecast

The Antero Resources stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $27.16 and $25.23. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 18, 2024, and so far it has risen 12.19%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Antero Resources stock

On the downside, the stock finds support just below today's level from accumulated volume at $25.63 and $23.52. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Antero Resources finds support just below today's level at $25.63. If this is broken, then the next support from accumulated volume will be at $23.52 and $21.90.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $1.58 (5.82%) between high and low. For the last week, the stock has had daily average volatility of 2.80%.

Our recommended stop-loss: $27.70 (-3.54%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 7 days ago.)

Trading Expectations (AR) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Antero Resources Corporation to open at $28.21, and during the day (based on 14 day Average True Range), to move between $27.94 and $29.50, which gives a possible trading interval of +/-$0.781 (+/-2.72%) up or down from last closing price. If Antero Resources Corporation takes out the full calculated possible swing range there will be an estimated 5.44% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $25.63, some $3.09 (10.76%) from the current price of $28.72, our system finds the risk reward attractive.

Is Antero Resources Corporation stock A Buy?

Antero Resources holds several positive signals and has broken the strong rising trend up. As the stock is also in great technical shape we, therefore, consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 8.375 Strong Buy Candidate Upgraded

Predicted Opening Price for Antero Resources Corporation of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$28.21 ( 1.79%) $28.72

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for AR

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 29.79 3.71 %
R2 29.18 1.61 %
R1 28.81 0.314 %
Current price: 28.72
Support S1 27.60 -3.89 %
S2 27.23 -5.19 %
S3 26.63 -7.29 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 28.72
Support S1 25.63 -10.76%
S2 23.52 -18.11%
S3 21.90 -23.75%

AR Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 01, 2017 May 01, 2017 May 01, 2017 $0.300 1.40%
2 May 09, 2016 May 09, 2016 May 09, 2016 $0.240 0.94%
3 Nov 06, 2015 Nov 06, 2015 Nov 06, 2015 $0.210 0.87%
4 May 11, 2015 May 11, 2015 May 11, 2015 $0.180 0.405%
5 Feb 11, 2015 Feb 11, 2015 Feb 11, 2015 $0.0900 0.226%

FAQ

What is the symbol for Antero Resources Stock and on which exchange is it traded?
The symbol for Antero Resources is AR and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Antero Resources Stock?
Antero Resources holds several positive signals and has broken the strong rising trend up. As the stock is also in great technical shape we, therefore, consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

How to buy Antero Resources Stock?
Antero Resources Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Antero Resources Stock.

What's the current price of Antero Resources Stock?
As of the end of day on the 2024-03-27, the price of an Antero Resources (AR) share was $28.72.

What is the 52-week high and low for Antero Resources Stock?
The 52-week high for Antero Resources Stock is $30.90 and the 52-week low is $19.91.

What is the market capitalization of Antero Resources Stock?
As of the 2024-03-27, the market capitalization of Antero Resources is 8.293B.

When is the next earnings date for Antero Resources?
The upcoming earnings date for Antero Resources is Apr 24, 2024.
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About Antero Resources Corporation

Antero Resources Antero Resources Corporation, an independent oil and natural gas company, acquires, explores for, develops, and produces natural gas, natural gas liquids, and oil properties in the United States. As of December 31, 2021, it had approximately 502,000 net acres in the Appalachian Basin; and 174,000 net acres in the Upper Devonian Shale. The company also owned and operated 494 miles of gas gathering pipelines in the Appalachian Basin; and 21 compres... AR Profile

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