ARES MANAGEMENT CORP - A (ARES) Technical Analysis
NYSE:ARES • US03990B1017
Current stock price
ARES Technical Rating and Analysis
Taking everything into account, ARES scores 1 out of 10 in our technical rating. ARES's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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.
- 89% of all other stocks performed better in the past year than ARES.
- ARES is part of the Capital Markets industry. There are 239 other stocks in this industry, of which 77% are performing better than ARES.
- 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.
- ARES has an average volume of 4010800 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 98.44 - 123.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
ARES Weekly and Daily overview Charts
ARES Setup Rating and Analysis
The technical rating of ARES is bad and it also does not present a 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
ARES Support and Resistance Analysis
101.81
We found 1 important support area.
- Support @102.84 from a trend line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 116.81 to 118.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @121.05 from a horizontal line in the daily time frame.
- Resistance @162.08 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 | 11.13 | NEGATIVE | ARES has a low relative strength, it was outperformed by 88.87% 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) | 50.34 | 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) | 60.09 | NEUTRAL | The Stochastics value for ARES is a neutral value. |
| Average True Range in percent/ATR (20) | 4.68 | MEDIUM VOLATILITY | The ATR as a percentage value for ARES suggests some volalility. |
| Average Directional Index/ADX (14) | 21.34 | 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
113.01
+0.83 (+0.74%)
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 50.3367. 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 102.84 and a resistance level at 116.81. Check the full technical report for our detailed analysis of ARES support and resistance levels.