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Stock Trend Analysis Report
Prepared for you on Monday, June 5, 2023.
Ares Acquisition Corporation Class A Ordinary Shares (NYSE:AAC)
Long-Term Uptrend (+90) - AAC is in a strong uptrend that is likely to continue. While AAC is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid AAC?
MarketClub looks at technical strength and momentum to determine if the timing is right for AAC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for AAC
The long-term trend has been UP since Apr 4th, 2022 at 9.82
The intermediate-term trend has been UP since Jun 6th, 2022 at 9.83
The short-term trend has been UP since May 22nd, 2023 at 10.48
Smart Scan Analysis for AAC
Based on our trend formula, AAC is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.49 | 10.49 | 10.48 | 10.48 | -0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.49 | 15081 | 2023-06-05 13:03:02 |
| 52wk High | 10.5 | 52wk High Date | 2023-06-02 |
| 52wk Low | 9.81 | 52wk Low Date | 2022-06-24 |
| Average Volume | 270,205 | Shares Outstanding | 71,997 |
| Assets | 101,347,805M | Liabilities | 61,151,627M |
| P/E Ratio | 61.7059 |