Overall ARCC gets a technical rating of 4 out of 10. In the past year, ARCC 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.
Although the technical rating is only medium, ARCC does present a nice setup opportunity. 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 20.92. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.77, a Stop Loss order could be placed below this zone.
19.32
When analyzing the support we can see 3 important areas.
When analyzing the resistance we notice 2 important areas.
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 | NEUTRAL | NEUTRAL | The long term trend for ARCC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARCC is up. |
| ChartMill Relative Strength | 29.11 | NEGATIVE | ARCC has a low relative strength, it was outperformed by 70.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARCC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARCC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ARCC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.76 | NEUTRAL | The RSI value for ARCC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ARCC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.24 | NEUTRAL | The Stochastics value for ARCC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.51 | LOW VOLATILITY | The low ATR as a percentage value for ARCC suggests low volalility. |
| Average Directional Index/ADX (14) | 15.09 | NEGATIVE | The low ADX value for ARCC suggests a weak or negative trend. |
20.9
-0.08 (-0.38%)
ChartMill assigns a technical rating of 4 / 10 to ARCC.
The current trend direction for ARES CAPITAL CORP (ARCC) is Bearish.
ARES CAPITAL CORP (ARCC) has an RSI value of 56.7573. This indicates that the stock is currently neutral.
The short term momentum for ARES CAPITAL CORP (ARCC) is positive.
ARES CAPITAL CORP (ARCC) has a support level at 20.77 and a resistance level at 20.92. Check the full technical report for our detailed analysis of ARCC support and resistance levels.