ARES CAPITAL CORP (ARCC) Technical Analysis
NASDAQ:ARCC • US04010L1035
Current stock price
ARCC Technical Rating and Analysis
Overall ARCC gets a technical rating of 3 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.
- When comparing the yearly performance of all stocks, ARCC is a bad performer in the overall market: 77% of all stocks are doing better.
- In the last month ARCC has a been trading in the 17.88 - 19.43 range, which is quite wide. It is currently trading near the high of this range.
- ARCC has an average volume of 7871020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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.
- ARCC is an average performer in the Capital Markets industry, it outperforms 44% of 239 stocks in the same industry.
- ARCC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ARCC is lagging the market.
ARCC Weekly and Daily overview Charts
ARCC Setup Rating and Analysis
Although the technical rating is bad, ARCC does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 19.26. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.91, a Stop Loss order could be placed below this zone.
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ARCC Support and Resistance Analysis
17.28
2 important support areas can be observed.
- A support zone ranging from 18.53 to 18.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.45 to 17.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 19.26 to 20.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.61 from a horizontal line in the daily time frame.
- Resistance @21.03 from a horizontal line in the daily time frame.
- Resistance @22.42 from a trend line in the weekly time frame.
- Resistance @23.67 from a horizontal line in the weekly time frame.
ARCC Technical Indicator Signal Analysis
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 | 23.6 | NEGATIVE | ARCC has a low relative strength, it was outperformed by 76.4% 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) | DOWN | NEGATIVE | The current price of ARCC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.56 | NEUTRAL | The RSI value for ARCC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests ARCC has a positive trend. |
| Stochastics (14,3) | 76.54 | NEUTRAL | The Stochastics value for ARCC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.97 | LOW VOLATILITY | The low ATR as a percentage value for ARCC suggests low volalility. |
| Average Directional Index/ADX (14) | 19.45 | NEGATIVE | The low ADX value for ARCC suggests a weak or negative trend. |
ARCC Chart- and CandleStick Pattern Analysis
ARCC Technicals: Chart, Performance Metrics, Trend & Indicators
19.25
+0.09 (+0.47%)
ARES CAPITAL CORP / ARCC TA FAQ
What is the technical rating for ARCC stock?
ChartMill assigns a technical rating of 3 / 10 to ARCC.
What is the trend direction for ARCC stock?
The current trend direction for ARES CAPITAL CORP (ARCC) is Bearish.
What is the RSI signal for ARCC stock?
ARES CAPITAL CORP (ARCC) has an RSI value of 59.5642. This indicates that the stock is currently neutral.
What is the MACD signal for ARES CAPITAL CORP (ARCC) stock?
The MACD indicator for ARES CAPITAL CORP (ARCC) has a value of 0.0565824, indicating a bearish trend.
What is the buy/sell signal for ARCC stock?
The buy/sell signal for ARES CAPITAL CORP (ARCC) is hold as the short term and long term trends are mixed.