ARES MANAGEMENT CORP - A (ARES)

US03990B1017 - Common Stock

180.49  -0.57 (-0.31%)

Technical Rating and Analysis

10

Taking everything into account, ARES scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ARES is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
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. On top of that, ARES also shows a nice and consistent pattern of rising prices.
ARES is part of the Capital Markets industry. There are 220 other stocks in this industry. ARES outperforms 88% of them.
ARES is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ARES has a been trading in the 169.01 - 185.06 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 1219530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
ARES Weekly chart
ARES Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, ARES also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for ARES in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

142.35

182.29

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 176.03 to 178.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 167.21 to 172.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @155.84 from a horizontal line in the daily time frame.
  • Support @149.51 from a trend line in the weekly time frame.
  • A support zone ranging from 143.79 to 145.57. This zone is formed by a combination of multiple trend lines in multiple time frames.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.25
Mansfield1.26
10 Day High185.06
10 Day Low169.01
20 Day High185.06
20 Day Low169.01
52 Week High185.06
52 Week Low112.83
Performance
1 Week1.53%
2 Weeks2.81%
1 Month2.86%
3 Month15.39%
6 Month35.85%
12 Month52.25%
2 Year164.55%
3 Year122.79%
5 Year407.31%
10 Year956.36%
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)-0.41
RSI(14)57.8
LBB169.67
UBB186.42
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
185.07176.029.05 (4.89%)20.45%
An entry @185.07. This is a Buy Stop order right above the 10 day high.An exit @176.02. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 9.05 points, which is 4.89%.For a 1.00% total portfolio risk, you can invest 20.45% 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 Daily chart

ARES MANAGEMENT CORP - A

NYSE:ARES (12/26/2024, 10:02:57 AM)

180.49

-0.57 (-0.31%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.31%
1 Week1.53%
2 Weeks2.81%
1 Month2.86%
3 Month15.39%
6 Month35.85%
12 Month52.25%
2 Year164.55%
3 Year122.79%
5 Year407.31%
10 Year956.36%
15 YearN/A
Volatility
ATR(14)5.04
ATR(20)%2.55%
ATR Inc-23.97%
Range Today1.86
ADR(20)4.34
ADR(20)%2.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.25
Mansfield1.26
10 Day High185.06
10 Day Low169.01
20 Day High185.06
20 Day Low169.01
52 Week High185.06
52 Week Low112.83
CS1 End178.61
CR1 StartN/A
Volume & EV
DER(3)3.35%
DER(5)1.89%
Volume26.49K
Volume Incr1.17%
Vol(5)1.19M
Vol(50)1.22M