ARES MANAGEMENT CORP - A (ARES) Stock Technical Analysis
NYSE:ARES • US03990B1017
Taking everything into account, ARES scores 0 out of 10 in our technical rating. ARES'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, ARES is a bad performer in the overall market: 83% of all stocks are doing better.
- ARES is part of the Capital Markets industry. There are 238 other stocks in this industry, of which 71% are performing better than ARES.
- ARES 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 ARES has a been trading in the 119.40 - 171.18 range, which is quite wide. It is currently trading near the lows of this range.
- ARES has an average volume of 4038120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of ARES is bad and it also does not present a quality setup 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
132.54
3 important resistance areas can be observed.
- Resistance @137.39 from a horizontal line in the daily time frame.
- A resistance zone ranging from 170.69 to 173.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 175.83 to 178.64. 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 | DOWN | NEGATIVE | The long term trend for ARES is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARES is down. |
| ChartMill Relative Strength | 17.33 | NEGATIVE | ARES has a low relative strength, it was outperformed by 82.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARES is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ARES is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ARES is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.69 | NEUTRAL | The RSI value for ARES is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.54 | NEGATIVE | The MACD value suggests ARES has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.12 | NEUTRAL | The Stochastics value for ARES is a neutral value. |
| Average True Range in percent/ATR (20) | 5.2 | HIGH VOLATILITY | The high ATR as a percentage value for ARES suggests high volalility. |
| Average Directional Index/ADX (14) | 38.1 | POSITIVE | The high ADX value value for ARES suggests a strong trend. |
133.88
-0.06 (-0.04%)
ARES MANAGEMENT CORP - A / ARES FAQ
What is the technical rating for ARES stock?
ChartMill assigns a technical rating of 0 / 10 to ARES.
Can you provide the trend direction for ARES MANAGEMENT CORP - A?
The current trend direction for ARES MANAGEMENT CORP - A (ARES) is Bearish.
What is the RSI signal for ARES stock?
ARES MANAGEMENT CORP - A (ARES) has an RSI value of 36.6855. This indicates that the stock is currently neutral.
What is the MACD signal for ARES stock?
The MACD indicator for ARES MANAGEMENT CORP - A (ARES) has a value of -0.540762, indicating a bearish trend.
What is the support and resistance level for ARES stock?
ARES MANAGEMENT CORP - A (ARES) has a resistance level at 137.39. Check the full technical report for our detailed analysis of ARES support and resistance levels.