ARES MANAGEMENT CORP - A (ARES) Technical Analysis
NYSE:ARES • US03990B1017
Current stock price
ARES Technical Rating and Analysis
Overall ARES gets a technical rating of 1 out of 10. ARES scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 88% of all other stocks performed better in the past year than ARES.
- ARES is one of the lesser performing stocks in the Capital Markets industry. 76% of 239 stocks in the same industry do better.
- 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 98.44 - 124.81 range, which is quite wide. It is currently trading near the high of this range.
- ARES has an average volume of 4034850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ARES Weekly and Daily overview Charts
ARES Setup Rating and Analysis
ARES has a poor technical rating and the quality of the setup is also not perfect 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
ARES Support and Resistance Analysis
102.40
When analyzing the support we can see 3 important areas.
- A support zone ranging from 118.67 to 118.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 110.55 to 112.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @103.43 from a trend line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- Resistance @119.01 from a horizontal line in the weekly time frame.
- Resistance @121.05 from a horizontal line in the daily time frame.
- Resistance @161.56 from a trend line in the daily time frame.
- Resistance @166.81 from a trend line in the weekly time frame.
- Resistance @174.65 from a trend line in the weekly time frame.
ARES Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for ARES is neutral. |
| ChartMill Relative Strength | 12.8 | NEGATIVE | ARES has a low relative strength, it was outperformed by 87.2% 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) | DOWN | MIXED | The current price of ARES is above 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) | 57.8 | NEUTRAL | The RSI value for ARES is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.49 | POSITIVE | The MACD value suggests ARES has a positive trend. |
| Stochastics (14,3) | 62.73 | NEUTRAL | The Stochastics value for ARES is a neutral value. |
| Average True Range in percent/ATR (20) | 4.76 | MEDIUM VOLATILITY | The ATR as a percentage value for ARES suggests some volalility. |
| Average Directional Index/ADX (14) | 20.08 | NEUTRAL | The ADX value for ARES suggests a possible start of a new trend. |
ARES Chart- and CandleStick Pattern Analysis
ARES Technicals: Chart, Performance Metrics, Trend & Indicators
119
+1.6 (+1.36%)
ARES MANAGEMENT CORP - A / ARES TA FAQ
What is the technical rating for ARES stock?
ChartMill assigns a technical rating of 1 / 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.
Can you provide the RSI signal for ARES MANAGEMENT CORP - A?
ARES MANAGEMENT CORP - A (ARES) has an RSI value of 57.8032. This indicates that the stock is currently neutral.
What are the support and resistance levels for ARES MANAGEMENT CORP - A (ARES) stock?
ARES MANAGEMENT CORP - A (ARES) has a support level at 118.97 and a resistance level at 119.01. Check the full technical report for our detailed analysis of ARES support and resistance levels.