ARES MANAGEMENT CORP - A (ARES) Stock Technical Analysis
NYSE:ARES - New York Stock Exchange, Inc. - US03990B1017 - Common Stock - Currency: USD
Taking everything into account, ARES scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ARES has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ARES did better than 84% of all other stocks.
ARES is one of the better performing stocks in the Capital Markets industry, it outperforms 77% of 236 stocks in the same industry.
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.
In the last month ARES has a been trading in the 172.62 - 190.08 range, which is quite wide. It is currently trading near the high of this range.
ARES has an average volume of 1412860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although ARES has an excellent technical rating, it does not offer a high 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
120.72
189.61
4 important support areas can be observed.
- A support zone ranging from 183.56 to 183.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 172.81 to 176.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 165.17 to 165.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @121.94 from a trend 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 | UP | POSITIVE | The long term trend for ARES is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARES is up. |
| ChartMill Relative Strength | 84.43 | POSITIVE | ARES has a high relative strength, it outperformed 84.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARES is above the rising 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) | 66.23 | NEUTRAL | The RSI value for ARES is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.52 | POSITIVE | The MACD value suggests ARES has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.99 | OVERBOUGHT | The high Stochastics value suggests ARES may be overbought. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for ARES suggests some volalility. |
| Average Directional Index/ADX (14) | 15.46 | 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)
187.73
-0.2 (-0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.11%
1 Week3.97%
2 Weeks4.34%
1 Month7.44%
3 Month19.52%
6 Month-5.29%
12 Month34.81%
2 Year89.21%
3 Year162.01%
5 Year370.03%
10 Year889.09%
15 YearN/A
Volatility
ATR(14)4.22
ATR(20)%2.22%
ATR Inc-15.04%
Range Today3.62
ADR(20)4.05
ADR(20)%2.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.43
Mansfield0.43
10 Day High190.08
10 Day Low175.4
20 Day High190.08
20 Day Low172.62
52 Week High200.49
52 Week Low110.63
CS1 End183.62
CR1 StartN/A
Volume & EV
DER(3)-1.03%
DER(5)-3.18%
Volume951.78K
Volume Incr-13.49%
Vol(5)1.21M
Vol(50)1.41M