NASDAQ:ARCC - Nasdaq - US04010L1035 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to ARCC. ARCC has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
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 a support zone below the current price at 21.81, a Stop Loss order could be placed below this zone.
19.38
When analyzing the support we can see 3 important areas.
When analyzing the resistance we notice 3 important 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 | UP | POSITIVE | The long term trend for ARCC is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARCC is up. |
ChartMill Relative Strength | 41.32 | 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) | UP | POSITIVE | The current price of ARCC is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 60.31 | NEUTRAL | The RSI value for ARCC is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ARCC has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 92.87 | OVERBOUGHT | The high Stochastics value suggests ARCC may be overbought. |
Average True Range in percent/ATR (20) | 1.58 | LOW VOLATILITY | The low ATR as a percentage value for ARCC suggests low volalility. |
Average Directional Index/ADX (14) | 14.57 | NEGATIVE | The low ADX value for ARCC suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
22.05 | 21.27 | 0.78 (3.54%) | 25.00% |
An entry @22.05. This is a Buy Stop order right above the resistance zone. | An exit @21.27. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.78 points, which is 3.54%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.88%. |
21.99
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