ARES COMMERCIAL REAL ESTATE (ACRE) Stock Technical Analysis
NYSE:ACRE - New York Stock Exchange, Inc. - US04013V1089 - REIT - Currency: USD
Taking everything into account, ACRE scores 3 out of 10 in our technical rating. 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.
83% of all other stocks performed better in the past year than ACRE.
ACRE is one of the lesser performing stocks in the Mortgage Real Estate Investment Trusts (REITs)" industry. 81% of 65 stocks in the same industry do better.
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.
ACRE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ACRE is lagging the market slightly.
In the last month ACRE has a been trading in the 4.46 - 4.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
ACRE has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 4.80. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for ACRE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.46
5.00
We found 1 important support area.
- A support zone ranging from 4.51 to 4.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 4.80 to 4.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 17.33 | NEGATIVE | ACRE has a low relative strength, it was outperformed by 82.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ACRE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ACRE is above the rising 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) | 60.24 | NEUTRAL | The RSI value for ACRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ACRE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 55.07 | NEUTRAL | The Stochastics value for ACRE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.8 | MEDIUM VOLATILITY | The ATR as a percentage value for ACRE suggests some volalility. |
| Average Directional Index/ADX (14) | 19.6 | 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)
4.79
+0.12 (+2.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg2.57%
1 Week3.9%
2 Weeks4.81%
1 Month-0.62%
3 Month-2.64%
6 Month-32.15%
12 Month-31.67%
2 Year-52.81%
3 Year-60.83%
5 Year-47.48%
10 Year-57.95%
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%2.8%
ATR Inc-14.39%
Range Today0.1
ADR(20)0.13
ADR(20)%2.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.33
Mansfield-2.45
10 Day High4.8
10 Day Low4.49
20 Day High4.98
20 Day Low4.46
52 Week High7.99
52 Week Low3.35
CS1 End4.51
CR1 Start4.8
Volume & EV
DER(3)4.7%
DER(5)5.4%
Volume365.70K
Volume Incr-27.96%
Vol(5)391.62K
Vol(50)613.08K