ARES MANAGEMENT CORP - A (ARES) Technical Analysis
NYSE:ARES • US03990B1017
Current stock price
ARES Technical Rating and Analysis
Taking everything into account, ARES scores 0 out of 10 in our technical rating. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, ARES is a bad performer in the overall market: 89% of all stocks are doing better.
- ARES is one of the lesser performing stocks in the Capital Markets industry. 75% of 240 stocks in the same industry do better.
- ARES is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ARES is lagging the market.
- ARES has an average volume of 4364500 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 95.80 - 113.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ARES Weekly and Daily overview Charts
ARES Setup Rating and Analysis
Although the technical rating is bad, ARES does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
ARES Support and Resistance Analysis
101.41
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 105.71 to 106.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @109.10 from a horizontal line in the daily time frame.
- Resistance @165.01 from a trend line in the daily time frame.
- A resistance zone ranging from 169.08 to 170.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @176.10 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 | DOWN | NEGATIVE | The short term trend for ARES is down. |
| ChartMill Relative Strength | 11.73 | NEGATIVE | ARES has a low relative strength, it was outperformed by 88.27% 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) | DOWN | NEGATIVE | The current price of ARES is below 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) | 36.89 | NEUTRAL | The RSI value for ARES is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.22 | POSITIVE | The MACD value suggests ARES has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.68 | NEUTRAL | The Stochastics value for ARES is a neutral value. |
| Average True Range in percent/ATR (20) | 5.46 | HIGH VOLATILITY | The high ATR as a percentage value for ARES suggests high volalility. |
| Average Directional Index/ADX (14) | 35.52 | POSITIVE | The high ADX value value for ARES suggests a strong trend. |
ARES Chart- and CandleStick Pattern Analysis
ARES Technicals: Chart, Performance Metrics, Trend & Indicators
102.43
-3.37 (-3.19%)
ARES MANAGEMENT CORP - A / ARES TA FAQ
What is the technical rating for ARES stock?
ChartMill assigns a technical rating of 0 / 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 36.8887. This indicates that the stock is currently neutral.
What is the buy/sell signal for ARES MANAGEMENT CORP - A (ARES) stock?
The buy/sell signal for ARES MANAGEMENT CORP - A (ARES) is sell as both the short term and long term trends are negative.
What is the support and resistance level for ARES stock?
ARES MANAGEMENT CORP - A (ARES) has a resistance level at 105.71. Check the full technical report for our detailed analysis of ARES support and resistance levels.