ARES CAPITAL CORP (ARCC) Stock Technical Analysis
NASDAQ:ARCC • US04010L1035
We assign a technical rating of 0 out of 10 to ARCC. 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 negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, ARCC is a bad performer in the overall market: 82% 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.
- In the last month ARCC has a been trading in the 18.57 - 20.12 range, which is quite wide. It is currently trading near the lows of this range.
- ARCC has an average volume of 6645900 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 238 other stocks in this industry, ARCC did better than 41% of them.
- Volume is considerably higher in the last couple of days.
ARCC has a poor technical rating and the quality of the setup is also only medium 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.
More info and screens
18.42
When analyzing the support we notice one important area.
- A support zone ranging from 18.61 to 18.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- Resistance @18.79 from a horizontal line in the daily time frame.
- A resistance zone ranging from 19.18 to 19.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 19.84 to 20.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 @23.67 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The short term trend for ARCC is down. |
| ChartMill Relative Strength | 18.31 | NEGATIVE | ARCC has a low relative strength, it was outperformed by 81.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARCC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ARCC is below 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) | 36.77 | NEUTRAL | The RSI value for ARCC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ARCC has a negative trend. |
| Stochastics (14,3) | 34.88 | NEUTRAL | The Stochastics value for ARCC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.73 | MEDIUM VOLATILITY | The ATR as a percentage value for ARCC suggests some volalility. |
| Average Directional Index/ADX (14) | 29.8 | POSITIVE | The high ADX value value for ARCC suggests a strong trend. |
18.62
-0.66 (-3.42%)
ARES CAPITAL CORP / ARCC FAQ
What is the technical rating for ARCC stock?
ChartMill assigns a technical rating of 0 / 10 to ARCC.
What is the trend direction for ARCC stock?
The current trend direction for ARES CAPITAL CORP (ARCC) is Bearish.
Can you provide the RSI signal for ARES CAPITAL CORP?
ARES CAPITAL CORP (ARCC) has an RSI value of 36.7738. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ARES CAPITAL CORP?
The short term momentum for ARES CAPITAL CORP (ARCC) is negative.
Can you provide the support and resistance levels for ARES CAPITAL CORP?
ARES CAPITAL CORP (ARCC) has a support level at 18.61 and a resistance level at 18.79. Check the full technical report for our detailed analysis of ARCC support and resistance levels.