ARES COMMERCIAL REAL ESTATE (ACRE) Stock Technical Analysis
NYSE:ACRE - New York Stock Exchange, Inc. - US04013V1089 - REIT - Currency: USD
Overall ACRE gets a technical rating of 4 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: 81% of all stocks are doing better.
ACRE is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 65 other stocks in this industry, of which 78% are performing better than ACRE.
In the last month ACRE has a been trading in the 4.51 - 5.08 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ACRE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ACRE is lagging the market.
ACRE has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
4.46
5.13
When analyzing the support we notice one important area.
- A support zone ranging from 4.51 to 4.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 4.94 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 | 19.46 | NEGATIVE | ACRE has a low relative strength, it was outperformed by 80.54% 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) | 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) | 57.1 | 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. |
| Stochastics (14,3) | 66.77 | NEUTRAL | The Stochastics value for ACRE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for ACRE suggests some volalility. |
| Average Directional Index/ADX (14) | 24.72 | NEUTRAL | The ADX value for ACRE suggests a possible start of a new 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)
4.93
-0.07 (-1.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg-1.4%
1 Week1.65%
2 Weeks-2.76%
1 Month6.02%
3 Month4.89%
6 Month-19.31%
12 Month-25.86%
2 Year-51.43%
3 Year-59.69%
5 Year-45.94%
10 Year-56.72%
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%2.72%
ATR Inc1.61%
Range Today0.18
ADR(20)0.13
ADR(20)%2.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.46
Mansfield-2.23
10 Day High5.09
10 Day Low4.74
20 Day High5.09
20 Day Low4.51
52 Week High7.99
52 Week Low3.35
CS1 End4.55
CR1 Start4.94
Volume & EV
DER(3)-1.05%
DER(5)-1.73%
Volume691.70K
Volume Incr7.46%
Vol(5)493.02K
Vol(50)516.89K