Get started
Archrock, Inc.Archrock, Inc.Archrock, Inc.

Archrock, Inc.

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options Bonds

AROC trade ideas

AROC Possible buy opportunity Today, I am looking at Archrock Inc, with ticker AROC, for a possible upside potential. Archrock has been doing some amazing job recently, and it's seen a growth of 200% in EPS in Q4 of 2023. The company, had an average growth of earning of 115% in past three quarters, and despite gas prices falling, this company is performing well. Where I am planning on positioning myself: 1. Weekly chart is telling me a couple of good things about this stock. First, I see increase of buying volume for this stock. Second, the stock is currently trying to break it's previous resistance level sitting at around $19 per share. 2. Daily chart, I see an ascending base pattern forming. This pattern is always bullish, and stocks which break from it on higher buying volume, tend to continue it's upside movement. 3. I will officially be waiting for the break of previous high, sitting at around $19.42 price level, for me to enter in this stock. 4. Once the break happens, I would like to see buy volume increase, this will give me a signal that this stock is the stock to be in. 5. Once I enter, my stop loss, will be sitting at around it's previous low which is at $17.70 price level. As always, this is not a financial advice, this is just my opinion. Please do your due diligence before investing your money!
NYSE:AROCLong
by De_Banis
AROC Entry, Volume, Target, Stop, ResistanceEntry: with price above 13.26 Volume: with volume greater than 1.1M Target: 16.00 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up) Stop: Depending on your risk tolerance; Based on an entry of 13.27 & target of 16.00, a stop at 12.36 gets you 3/1 Reward to Risk Ratio. Resistance: Resistance @ 13.75 from July, 2018 This LONG swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
NYSE:AROCLong
by tradepatiently
Long Trade in AROCArchrock provides natural gas equipment, service and maintenance. This is an area of the market I mentioned seeing a lot of strength in over the last few weeks (see Market Leaders are Failing post), and AROC is one of the top performers. The stock came out of a textbook consolidation base last month before climbing 25% in just two weeks. After this parabolic move higher, shares have consolidated slightly to digest the action. But the pullback has been minimal – a sign that investors are still bidding up the stock. With such a shallow base here, AROC could be bought with a stop loss at $12.30 to risk just 5% on the trade.
NYSE:AROCLong
by rossgivens
Archroke Rocking it down to the bottom. ROCCompleting a zigzag here with Wave C nearly confirmed. I love zigzags, they make predicting endpoints so much easier in so many way. With the recent drop on the SPX, it is not surprising that we are generally bearish (or shortish) on many of our positions. Archrock is another one heading down the pipe, so let it fall. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
NYSE:AROCShort
by Rykin_Capital
Good Div, High expectations & free cash flow : AROC5-star analyst T J Schultz, of RBC Capital, believes AROC has a firm foundation to move forward. He writes of the stock, “We expect lower associated gas production to have an impact on AROC utilization into 2021, but we think manageable debt leverage and ample dividend coverage provide some flexibility… we think the risk-reward is decent at current levels given AROC’s liquidity, lack of near-term debt maturities, and ability to pull additional levers to manage liquidity further if needed.” Schultz’s Buy rating on the stock is supported by an $11 price target, which suggests an impressive 68% upside potential for the year. Overall, the Strong Buy analyst consensus rating on AROC is unanimous, based on 3 recent Buy reviews. Shares are priced at $6.55, and the $9.17 average price target implies a one-year upside of 40%.
NYSE:AROC
by BigManAlasad
Archrock, Inc bullish TARGETS $AROCArchrock, Inc. engages in the provision of operations, maintenance, service, and equipment for oil and natural gas production, processing, and transportation applications. It operates through the Contract Operations and Aftermarket Services segments. The Contract Operations segment is comprised of equity investment in the partnership, in addition to the owned fleet of natural gas compression equipment that the company use to provide operations services. The Aftermarket Services segment sell parts and components, provides operations, maintenance, overhaul, and reconfiguration services to customers. The company was founded on February 2, 2007 and is headquartered in Houston, TX.
NYSE:AROC
by DEXWireNews
1
AROC Long: Exit from a Flat and Ending DiagonalI chanced upon AROC upon my scan of stock charts (which I rarely do) and this seems to be an opportunity. The movements for the last few days looks strong (with high volume). Even though I was thinking if there could be a final wave down (there is a possibility of a final wave down to the support), I feel that the strength of the last few days strongly suggested that AROC's move is an impulse and not a correction. In any case, I will suggest putting some position here and add on if it breaks out of the triangle or when it reaches support. You may be interested in another stock that I've identify: VALE.
NYSE:AROCLong
by sngyuchao