ARES MANAGEMENT CORP - A (ARES) Stock Technical Analysis
NYSE:ARES - New York Stock Exchange, Inc. - US03990B1017 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to ARES. Although ARES is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month ARES has a been trading in the 163.38 - 200.49 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, ARES did better than 83% of all other stocks. We also observe that the gains produced by ARES over the past year are nicely spread over this period.
ARES is part of the Capital Markets industry. There are 225 other stocks in this industry. ARES outperforms 75% of them.
ARES has an average volume of 1105690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
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.
Volume is considerably higher in the last couple of days.
ARES has an average technical rating and it also does not offer a high 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
145.88
185.25
We found 3 important support areas.
- Support @167.11 from a horizontal line in the daily time frame.
- Support @157.79 from a trend line in the weekly time frame.
- Support @147.35 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 170.93 to 170.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 180.28 to 183.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.21
Mansfield0.4
10 Day High189.25
10 Day Low163.39
20 Day High200.49
20 Day Low163.39
52 Week High200.49
52 Week Low125.23
Performance
1 Week-1.81%
2 Weeks-7.29%
1 Month-13.7%
3 Month-3.28%
6 Month16.76%
12 Month28.41%
2 Year112.01%
3 Year110.8%
5 Year394.19%
10 Year742.07%
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)-2.24
RSI(14)36.61
LBB161.99
UBB195.32
169.76
-1.18 (-0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.69%
1 Week-1.81%
2 Weeks-7.29%
1 Month-13.7%
3 Month-3.28%
6 Month16.76%
12 Month28.41%
2 Year112.01%
3 Year110.8%
5 Year394.19%
10 Year742.07%
15 YearN/A
Volatility
ATR(14)5.39
ATR(20)%3.42%
ATR Inc4.81%
Range Today7.56
ADR(20)5.55
ADR(20)%3.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.21
Mansfield0.4
10 Day High189.25
10 Day Low163.39
20 Day High200.49
20 Day Low163.39
52 Week High200.49
52 Week Low125.23
CS1 End170.93
CR1 Start180.28
Volume & EV
DER(3)1.36%
DER(5)0.83%
Volume2.14M
Volume Incr44.58%
Vol(5)1.64M
Vol(50)1.11M