ARES MANAGEMENT CORP - A (ARES) Stock Technical Analysis
NYSE:ARES - US03990B1017 - Common Stock
181.07 USD
+2.81 (+1.58%)
181.07 USD
0 (0%)
Overall ARES gets a technical rating of 7 out of 10. In the last year, ARES was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, ARES did better than 78% of all other stocks.
ARES is part of the Capital Markets industry. There are 238 other stocks in this industry. ARES outperforms 71% of them.
ARES is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ARES is lagging the market slightly.
ARES has an average volume of 1388660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ARES has a been trading in the 173.70 - 195.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, ARES also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 181.06, a Stop Loss order could be placed below this zone.
More info and screens
121.40
200.21
3 important support areas can be observed.
- A support zone ranging from 178.03 to 181.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @173.95 from a horizontal line in the daily time frame.
- Support @122.63 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 198.22 to 198.23. 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 | UP | POSITIVE | The long term trend for ARES is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ARES is neutral. |
| ChartMill Relative Strength | 78.27 | POSITIVE | ARES has a high relative strength, it outperformed 78.27% 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) | UP | POSITIVE | The current price of ARES is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARES is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.17 | NEUTRAL | The RSI value for ARES is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.65 | NEGATIVE | The MACD value suggests ARES has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.94 | NEUTRAL | The Stochastics value for ARES is a neutral value. |
| Average True Range in percent/ATR (20) | 2.83 | MEDIUM VOLATILITY | The ATR as a percentage value for ARES suggests some volalility. |
| Average Directional Index/ADX (14) | 13.26 | NEGATIVE | The low ADX value for ARES 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)
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 |
|---|---|---|---|
| 185.67 | 178.02 | 7.65 (4.12%) | 24.27% |
| An entry @185.67. This is a Buy Stop order right above the 10 day moving average. | An exit @178.02. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 7.65 points, which is 4.12%. | When investing 24.27% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
181.07
+2.81 (+1.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg1.58%
1 Week-3.57%
2 Weeks-3.91%
1 Month-2.77%
3 Month12.96%
6 Month4.01%
12 Month23.18%
2 Year75.05%
3 Year144.23%
5 Year347.64%
10 Year949.68%
15 YearN/A
Volatility
ATR(14)4.98
ATR(20)%2.83%
ATR Inc-35.72%
Range Today5.65
ADR(20)4.97
ADR(20)%2.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.27
Mansfield-0.16
10 Day High195.26
10 Day Low175.94
20 Day High195.26
20 Day Low173.7
52 Week High200.49
52 Week Low110.63
CS1 End181.06
CR1 Start198.22
Volume & EV
DER(3)-1.03%
DER(5)1.9%
Volume1.50M
Volume Incr26.41%
Vol(5)1.61M
Vol(50)1.39M