Auto-detected technical analysis for ARES · data as of Aug 4, 2026. The chart above is live; the read below updates daily.
ARES just broke higher out of a ascending triangle — a brief, tidy pause inside a strong run. That's usually a breather before another push up.
On this chart, setups like it have followed through about 65% of the time.
As long as price stays above $117.4, the setup is intact — a daily close back below there is the cue to step away.
A natural first target sits near $143.7 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.
ARES is currently forming a triangle on the daily timeframe. Detected Aug 4, 2026.
New to this pattern? What a triangle is and how to trade it →
Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.
Every completed pattern trade our nightly backtest found on ARES's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Rising Wedge | Jun 12, 2026 @ $134.68 | Jun 24, 2026 @ $113.87 | Loss | -1.42R |
| Rising Wedge | Jun 2, 2026 @ $127.30 | Jun 11, 2026 @ $132.82 | Loss | -1.25R |
| Triangle | Apr 14, 2026 @ $108.80 | May 15, 2026 @ $123.41 | Win | +1.41R |
| Falling Wedge | Mar 11, 2026 @ $103.42 | Apr 21, 2026 @ $119.84 | Loss | -1.03R |
| Triangle | Jan 22, 2026 @ $161.61 | Jan 27, 2026 @ $146.53 | Win | +0.94R |
| Rising Wedge | Nov 13, 2025 @ $148.06 | Dec 1, 2025 @ $159.51 | Loss | -1.10R |
| Rising Wedge | Aug 14, 2025 @ $189.07 | Sep 2, 2025 @ $173.70 | Win | +2.48R |
| Bullish Pennant | Jun 27, 2025 @ $174.54 | Aug 15, 2025 @ $187.78 | Win | +0.96R |
| Rising Wedge | Dec 18, 2024 @ $177.83 | Jan 16, 2025 @ $187.90 | Loss | -1.39R |
| Triangle | Sep 13, 2024 @ $144.40 | Oct 30, 2024 @ $169.00 | Win | +2.97R |
| Triangle | Jul 11, 2024 @ $140.48 | Aug 5, 2024 @ $133.73 | Loss | -1.02R |
| Falling Wedge | Jun 24, 2024 @ $133.45 | Jul 24, 2024 @ $144.51 | Win | +2.95R |
Price found a floor near $107.00 about 5 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $178.08 — still about 25% away.
Nearest auto-detected support sits near $142.35, resistance near $177.07. These are chart/swing-derived levels, not formula pivots.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Aug 4, 2026 | $138.24 | $143.25 | $137.79 | $142.91 |
| Aug 3, 2026 | $128.95 | $139.23 | $128.95 | $138.57 |
| Jul 31, 2026 | $128.44 | $128.75 | $121.29 | $128.09 |
| Jul 30, 2026 | $124.75 | $124.99 | $121.66 | $124.12 |
| Jul 29, 2026 | $126.56 | $127.26 | $123.12 | $124.60 |
| Jul 28, 2026 | $127.78 | $129.51 | $126.57 | $127.90 |
| Jul 27, 2026 | $126.51 | $131.34 | $125.83 | $127.76 |
| Jul 24, 2026 | $121.48 | $126.58 | $120.62 | $126.51 |
| Jul 23, 2026 | $117.98 | $123.86 | $117.43 | $121.28 |
| Jul 22, 2026 | $120.17 | $122.32 | $118.83 | $119.57 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.