ARES CAPITAL CORP (ARCC) Technical Analysis
NASDAQ:ARCC • US04010L1035
Current stock price
ARCC Technical Rating and Analysis
Overall ARCC gets a technical rating of 1 out of 10. ARCC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, ARCC is a bad performer in the overall market: 78% of all stocks are doing better.
- ARCC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- ARCC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- ARCC has an average volume of 8042460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- ARCC is part of the Capital Markets industry. There are 239 other stocks in this industry, ARCC did better than 42% of them.
ARCC Weekly and Daily overview Charts
ARCC Setup Rating and Analysis
ARCC has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
ARCC Support and Resistance Analysis
17.28
When analyzing the support we notice one important area.
- 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.
6 important resistance areas can be observed.
- A resistance zone ranging from 18.75 to 18.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 19.51 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.
- A resistance zone ranging from 21.02 to 21.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The short term trend for ARCC is neutral. |
| ChartMill Relative Strength | 22.05 | NEGATIVE | ARCC has a low relative strength, it was outperformed by 77.95% 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) | 51.25 | NEUTRAL | The RSI value for ARCC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ARCC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.63 | NEUTRAL | The Stochastics value for ARCC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for ARCC suggests some volalility. |
| Average Directional Index/ADX (14) | 18.81 | 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
18.67
-0.25 (-1.32%)
ARES CAPITAL CORP / ARCC TA FAQ
What is the technical rating for ARCC stock?
ChartMill assigns a technical rating of 1 / 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 51.2522. 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 0.0259016, indicating a bearish trend.