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Do Traders View Antero Resources Corp (AR) Stock's Current Trend Positively?

Tuesday, August 04, 2020 09:57 AM | InvestorsObserver Analysts

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Do Traders View Antero Resources Corp (AR) Stock's Current Trend Positively?

Overall market sentiment has been high on Antero Resources Corp (AR) stock lately. AR receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.

Sentiment Score - ,bullish
Antero Resources Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on AR!

What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.

Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.

InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.

Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With AR Stock Today?

Antero Resources Corp (AR) stock is lower by -1.92% while the S&P 500 is up 0.72% as of 9:56 AM on Tuesday, Aug 4. AR has fallen -$0.07 from the previous closing price of $3.39 on volume of 1,245,589 shares. Over the past year the S&P 500 has risen 15.81% while AR has fallen -24.15%. AR lost -$7.38 per share in the over the last 12 months.

To see the top 5 stocks in the Oil & Gas E&P industry click here.

More About Antero Resources Corp

Antero Resources, based in Denver, engages in the exploration for and production of natural gas and natural gas liquids in the United States and Canada. At the end of 2019, the company reported proven reserves of 19 trillion cubic feet of natural gas equivalent. Production averaged approximately 3,221 million cubic feet of equivalent a day in 2019 at a ratio of 30% liquids and 70% natural gas.

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