ARES MANAGEMENT CORP - A (ARES)
US03990B1017 - Common Stock
We assign a technical rating of 8 out of 10 to ARES. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that ARES is one of the better performing stocks in the market, outperforming 90% of all stocks. We also observe that the gains produced by ARES over the past year are nicely spread over this period.
ARES is one of the better performing stocks in the Capital Markets industry, it outperforms 91% of 210 stocks in the same industry.
ARES is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ARES is leading the market.
ARES has an average volume of 1112050 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 127.72 - 138.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ARES has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 136.72. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 133.19, a Stop Loss order could be placed below this zone.
More info and screens
97.81
138.44
3 important support areas can be observed.
- A support zone ranging from 129.29 to 133.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @121.58 from a trend line in the weekly time frame.
- Support @98.80 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 136.72 to 137.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.29
Mansfield1.13
10 Day High138.45
10 Day Low127.72
20 Day High138.45
20 Day Low127.72
52 Week High139.48
52 Week Low77.97
Performance
1 Week2.32%
2 Weeks-0.25%
1 Month0.34%
3 Month10.38%
6 Month32.62%
12 Month52.68%
2 Year101.95%
3 Year154.63%
5 Year446.95%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.26
RSI(14)52.52
LBB128.32
UBB137.21
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 |
|---|---|---|---|
| 137.08 | 129.28 | 7.80 (5.69%) | 17.57% |
| An entry @137.08. This is a Buy Stop order right above the resistance zone. | An exit @129.28. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 7.80 points, which is 5.69%. | For a 1.00% total portfolio risk, you can invest 17.57% of your capital in this trade. |
- 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.
ARES MANAGEMENT CORP - A
NYSE:ARES (4/26/2024, 12:52:32 PM)
134.457
+0.73 (+0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.54%
1 Week2.32%
2 Weeks-0.25%
1 Month0.34%
3 Month10.38%
6 Month32.62%
12 Month52.68%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.38
ATR(20)%2.45%
ATR Inc
Range Today2.58
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High138.45
10 Day Low127.72
20 Day High138.45
20 Day Low127.72
52 Week High139.48
52 Week Low77.97
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume222.91K
Volume Incr-20.78%
Vol(5)879.72K
Vol(50)1.11M