ARES MANAGEMENT CORP - A (ARES) Stock Technical Analysis
NYSE:ARES - New York Stock Exchange, Inc. - US03990B1017 - Common Stock - Currency: USD
Overall ARES gets a technical rating of 7 out of 10. In the past year, ARES was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, we notice that ARES is one of the better performing stocks in the market, outperforming 84% of all stocks.
ARES is part of the Capital Markets industry. There are 232 other stocks in this industry. ARES outperforms 81% of them.
In the last month ARES has a been trading in the 155.52 - 174.88 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
ARES has an average volume of 1662520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
ARES 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 ARES is lagging the market slightly.
ARES has an excellent technical rating and also presents a decent setup pattern. 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 165.34, a Stop Loss order could be placed below this zone.
More info and screens
119.58
177.60
We found 2 important support areas.
- A support zone ranging from 162.92 to 165.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @120.79 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 166.39 to 171.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 173.89 to 175.84. 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 ARES is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ARES is neutral. |
| ChartMill Relative Strength | 84.48 | POSITIVE | ARES has a high relative strength, it outperformed 84.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ARES is below 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 | MIXED | The current price of ARES is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.45 | NEUTRAL | The RSI value for ARES is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.94 | NEGATIVE | The MACD value suggests ARES has a negative trend. |
| Stochastics (14,3) | 31.01 | NEUTRAL | The Stochastics value for ARES is a neutral value. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for ARES suggests some volalility. |
| Average Directional Index/ADX (14) | 10.95 | 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 |
|---|---|---|---|
| 171.09 | 162.91 | 8.18 (4.78%) | 20.92% |
| An entry @171.09. This is a Buy Stop order right above the resistance zone. | An exit @162.91. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 8.18 points, which is 4.78%. | When investing 20.92% 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.
165.35
-0.41 (-0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.25%
1 Week-0.73%
2 Weeks-4.91%
1 Month3.42%
3 Month14.11%
6 Month-7.88%
12 Month24.06%
2 Year71.61%
3 Year190.8%
5 Year316.5%
10 Year793.78%
15 YearN/A
Volatility
ATR(14)4.1
ATR(20)%2.42%
ATR Inc17.5%
Range Today5.64
ADR(20)3.71
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.48
Mansfield-0.19
10 Day High174.64
10 Day Low160.82
20 Day High174.88
20 Day Low155.52
52 Week High200.49
52 Week Low110.63
CS1 End165.34
CR1 Start166.39
Volume & EV
DER(3)-0.02%
DER(5)0.94%
Volume1.12M
Volume Incr-8.03%
Vol(5)1.39M
Vol(50)1.66M