Technical Analysis: Based on the latest data, AR is showing mixed signals with RSI-14 at 48.17, indicating a neutral momentum. The stock is trading above its key moving averages (SMA20: 38.81, SMA60: 35.94), suggesting an overall bullish trend.
Price Movement Analysis:
News Impact: A significant insider sale was reported where Director W Howard JR Keenan sold 700,000 shares for approximately $28.4 million, representing about 38.9% of his holdings. This large insider sale could create some selling pressure in the short term.
Institutional Activity:
Price Prediction for Next Week: Based on Fibonacci levels and technical indicators:
The stock is likely to trade between $37.36 - $41.59 next week, with a higher probability of testing the resistance levels due to:
Recommendation: HOLD/SELL
Target exit price: $40.78 (R1 level) Stop loss: $37.00 (Below S2)
The price of AR is predicted to go up -5.5%, based on the high correlation periods with EXE. The similarity of these two price pattern on the periods is 92.03%.
AR
EXE
Antero's midstream contracts give it priority access to LNG export markets, enabling it to benefit from soaring overseas demand for US natural gas.
The firm's liquids-rich drilling inventory will enable it to outperform peers if NGL prices remain constructive, as we expect.
Antero's marketing strategy ensures it receives Nymex prices with very little exposure to local basis differentials.
Barclays
2025-02-14
Price Target
$36 → $38
Downside
-5.52%
Barclays
2025-01-30
Price Target
$30 → $36
Downside
-3.17%
JP Morgan
2025-01-14
Price Target
$36 → $38
Downside
-5.47%