ARES COMMERCIAL REAL ESTATE (ACRE) Stock Technical Analysis
NYSE:ACRE - US04013V1089 - REIT
4.6 USD
+0.05 (+1.1%)
4.62 USD
+0.02 (+0.43%)
Overall ACRE gets a technical rating of 3 out of 10. In the past year, ACRE was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, ACRE is a bad performer in the overall market: 89% of all stocks are doing better.
ACRE is one of the lesser performing stocks in the Mortgage Real Estate Investment Trusts (REITs)" industry. 90% of 67 stocks in the same industry do better.
ACRE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ACRE has a been trading in the 4.05 - 4.67 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Although the technical rating is bad, ACRE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 4.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.51, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ACRE in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
4.09
5.13
3 important support areas can be observed.
- A support zone ranging from 4.42 to 4.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.26 to 4.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.13 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @4.70 from a horizontal line in the daily time frame.
- A resistance zone ranging from 4.95 to 4.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.08 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ACRE is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACRE is up. |
| ChartMill Relative Strength | 11.51 | NEGATIVE | ACRE has a low relative strength, it was outperformed by 88.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACRE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ACRE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ACRE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.28 | NEUTRAL | The RSI value for ACRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ACRE has a positive trend. |
| Stochastics (14,3) | 87.77 | OVERBOUGHT | The high Stochastics value suggests ACRE may be overbought. |
| Average True Range in percent/ATR (20) | 3.92 | MEDIUM VOLATILITY | The ATR as a percentage value for ACRE suggests some volalility. |
| Average Directional Index/ADX (14) | 18.17 | NEGATIVE | The low ADX value for ACRE suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
4.6
+0.05 (+1.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg1.1%
1 Week3.14%
2 Weeks4.55%
1 Month0.22%
3 Month-0.22%
6 Month-5.93%
12 Month-34.84%
2 Year-55.56%
3 Year-65.13%
5 Year-53.82%
10 Year-63.26%
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%3.92%
ATR Inc-43.07%
Range Today0.11
ADR(20)0.17
ADR(20)%3.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.51
Mansfield-2.35
10 Day High4.68
10 Day Low4.31
20 Day High4.68
20 Day Low4.05
52 Week High7.83
52 Week Low3.35
CS1 End4.51
CR1 Start4.7
Volume & EV
DER(3)5.12%
DER(5)1.28%
Volume235.90K
Volume Incr-22.53%
Vol(5)364.58K
Vol(50)457.44K