Archrock Inc (AROC): Price Down $-0.13 (-1.52)% Over Past Day, Down $-0.04 (-0.53)% Over Past Hour

The Hourly View for AROC

Currently, AROC (Get Ratings)’s price is down $-0.04 (-0.53%) from the hour prior. This is the 2nd hour in a row AROC has seen its price head down. As for the trend on the hourly timeframe, we see the clearest trend on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

AROC ranks 55th in terms of today’s price percentage change out of Utilities stocks.

AROC’s Technical Outlook on the Daily Chart

At the moment, AROC’s price is down $-0.13 (-1.52%) from the day prior. AROC has seen its price go down 4 out of the past 5 days, thus creating some compelling opportunities for bears. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 50 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. Archrock Inc’s price action over the past 90 days can be seen via the chart below.