ARES CAPITAL CORP (ARCC) Stock Technical Analysis
NASDAQ:ARCC - Nasdaq - US04010L1035 - Common Stock - Currency: USD
Overall ARCC gets a technical rating of 4 out of 10. In the past year, ARCC was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month ARCC has a been trading in the 20.22 - 22.04 range, which is quite wide. It is currently trading near the high of this range.
ARCC has an average volume of 5509600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, ARCC outperforms 41% of them, which is more or less in line with the market.
ARCC is part of the Capital Markets industry. There are 230 other stocks in this industry, ARCC did better than 50% of them.
ARCC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ARCC is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, ARCC does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 21.44, a Stop Loss order could be placed below this zone.
More info and screens
19.38
24.05
3 important support areas can be observed.
- A support zone ranging from 21.08 to 21.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.91 to 20.07. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @19.58 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 21.66 to 21.68. 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 23.67 to 23.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 41.18 | 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) | DOWN | MIXED | The current price of ARCC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ARCC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.84 | NEUTRAL | The RSI value for ARCC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ARCC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.98 | NEUTRAL | The Stochastics value for ARCC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.72 | LOW VOLATILITY | The low ATR as a percentage value for ARCC suggests low volalility. |
| Average Directional Index/ADX (14) | 16.23 | NEGATIVE | The low ADX value for ARCC suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
21.52
-0.01 (-0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.05%
1 Week-0.69%
2 Weeks2.48%
1 Month1.99%
3 Month-7.56%
6 Month-2.27%
12 Month0.8%
2 Year14.83%
3 Year11.04%
5 Year45.9%
10 Year28.48%
15 Year58.94%
Volatility
ATR(14)0.34
ATR(20)%1.72%
ATR Inc7.4%
Range Today0.28
ADR(20)0.32
ADR(20)%1.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.18
Mansfield-0.23
10 Day High22.04
10 Day Low21.06
20 Day High22.04
20 Day Low20.22
52 Week High23.84
52 Week Low18.26
CS1 End21.44
CR1 Start21.66
Volume & EV
DER(3)-1.57%
DER(5)1.28%
Volume2.92M
Volume Incr-23.77%
Vol(5)3.37M
Vol(50)5.51M