Antero Resources $AR stock has confirmed a break below the 200 day moving average line on December 5, 2022. The stock has formed a Death Cross with the SMAs 50 and 200, and the EMAs are set to give a Death Cross signal sometime this week. Dark pool selling also occurred in $AR stock.
Antero Resources $AR stock is in a technical downtrend as of December 5, 2022.
Dark Pool Sell Order In Antero Resources $AR Stock
An unusually large dark pool trade order occurred in Antero Resources $AR stock on December 5, 2022. The dark pool order was valued at $4.2 million. We think the dark pool trade was a sell order because $AR stock fell after the trade hit the tape.
On December 5, 2022, shares of a number of energy companies fell after recent economic data, such as the ISM non-manufacturing PMI and nonfarm payroll figures, raised concerns about inflation and a tight labor market. This could have led energy investors to expect the Fed to adopt a more hawkish monetary policy.