Taking everything into account, ARCC scores 4 out of 10 in our technical rating. 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.
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 very little resistance above the current price. There is a support zone below the current price at 20.67, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ARCC in the last couple of days, which is a good sign.
19.32
When analyzing the support we can see 3 important areas.
We found 1 important resistance area.
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 | 31.46 | NEUTRAL | ARCC is not amongst the best or worst performers 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) | 58.61 | 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) | 94.43 | OVERBOUGHT | The high Stochastics value suggests ARCC may be overbought. |
| Average True Range in percent/ATR (20) | 1.45 | LOW VOLATILITY | The low ATR as a percentage value for ARCC suggests low volalility. |
| Average Directional Index/ADX (14) | 15.74 | NEGATIVE | The low ADX value for ARCC suggests a weak or negative trend. |
20.9
-0.09 (-0.43%)
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 58.612. 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 20.67 and a resistance level at 23.67. Check the full technical report for our detailed analysis of ARCC support and resistance levels.