Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Monday, October 2, 2023.
Ares Commercial Real Estate Corporation (NYSE:ACRE)
Weak Downtrend (-65) - ACRE is showing signs of a strengthening downtrend. Monitor ACRE as it may be building momentum to the downside.
Is it time to buy, sell, or avoid ACRE?
MarketClub looks at technical strength and momentum to determine if the timing is right for ACRE.
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 ACRE
The long-term trend has been UP since Jul 11th, 2023 at 10.4388
The intermediate-term trend has been DOWN since Sep 25th, 2023 at 9.8700
The short-term trend has been DOWN since Sep 21st, 2023 at 10.3700
Smart Scan Analysis for ACRE
Based on our trend formula, ACRE is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.450 | 9.450 | 9.250 | 9.255 | -0.265 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.520 | 87689 | 2023-10-02 10:08:23 |
| Year High | 14.768 | Year High Date | 2018-08-31 |
| Year Low | 11.96 | Year Low Date | 2018-02-06 |
| 52wk High | 12.75 | 52wk High Date | 2022-12-01 |
| 52wk Low | 7.52 | 52wk Low Date | 2023-05-02 |
| Year End Close | 16.42 | Average Volume | 445,750 |
| Shares Outstanding | 101,575 | Short Interest | 268,904 |
| % Institutional | 67.8 | Market Cap | 452M |
| Assets | 244,432,000M | Liabilities | 172,601,700M |
| P/E Ratio | 68 | Volatility | 14.33 |
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