We assign a technical rating of 1 out of 10 to ARCC. ARCC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of ARCC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
18.71
When analyzing the support we notice one important area.
3 important resistance areas can be observed.
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 ARCC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARCC is down. |
| ChartMill Relative Strength | 26.84 | NEGATIVE | ARCC has a low relative strength, it was outperformed by 73.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARCC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ARCC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ARCC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.92 | NEUTRAL | The RSI value for ARCC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests ARCC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.8 | OVERSOLD | The low Stochastics value suggests ARCC may be oversold. |
| Average True Range in percent/ATR (20) | 1.31 | LOW VOLATILITY | The low ATR as a percentage value for ARCC suggests low volalility. |
| Average Directional Index/ADX (14) | 23.74 | NEUTRAL | The ADX value for ARCC suggests a possible start of a new trend. |
19.92
+0.01 (+0.05%)
ChartMill assigns a technical rating of 1 / 10 to ARCC.
The current trend direction for ARES CAPITAL CORP (ARCC) is Bearish.
ARES CAPITAL CORP (ARCC) has an RSI value of 36.9213. This indicates that the stock is currently neutral.
The MACD indicator for ARES CAPITAL CORP (ARCC) has a value of -0.114101, indicating a bearish trend.
ARES CAPITAL CORP (ARCC) has a support level at 18.91 and a resistance level at 20.07. Check the full technical report for our detailed analysis of ARCC support and resistance levels.