We assign a technical rating of 2 out of 10 to ARCC. Recently some decent action could be observed, but in the medium term time frame this is still negative. ARCC was also a bad performer in the overall market in the last year.
ARCC has a poor technical rating and the quality of the setup is also not perfect 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
2 important support areas can be observed.
We can see 3 important resistance 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 | DOWN | NEGATIVE | The long term trend for ARCC is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARCC is up. |
| ChartMill Relative Strength | 27.72 | NEGATIVE | ARCC has a low relative strength, it was outperformed by 72.28% 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) | DOWN | MIXED | The current price of ARCC is above a declining 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) | 59.85 | NEUTRAL | The RSI value for ARCC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests ARCC has a positive trend. |
| Stochastics (14,3) | 90.1 | OVERBOUGHT | The high Stochastics value suggests ARCC may be overbought. |
| Average True Range in percent/ATR (20) | 1.71 | LOW VOLATILITY | The low ATR as a percentage value for ARCC suggests low volalility. |
| Average Directional Index/ADX (14) | 15.87 | NEGATIVE | The low ADX value for ARCC suggests a weak or negative trend. |
20.62
+0.11 (+0.54%)
ChartMill assigns a technical rating of 2 / 10 to ARCC.
The current trend direction for ARES CAPITAL CORP (ARCC) is Bearish.
ARES CAPITAL CORP (ARCC) has an RSI value of 59.8454. This indicates that the stock is currently neutral.
The MACD indicator for ARES CAPITAL CORP (ARCC) has a value of 0.080758, indicating a bearish trend.
ARES CAPITAL CORP (ARCC) has a support level at 20.14 and a resistance level at 21.27. Check the full technical report for our detailed analysis of ARCC support and resistance levels.