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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Ares Commercial Real Estate Corporation (NYSE:ACRE)
Sidelines Mode (+55) - ACRE is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 DOWN since Oct 11th, 2024 at 6.440
The intermediate-term trend has been UP since Nov 7th, 2024 at 6.820
The short-term trend has been DOWN since Nov 14th, 2024 at 6.995
Smart Scan Analysis for ACRE
Based on our trend formula, ACRE is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.9300 | 7.1499 | 6.9200 | 7.1300 | +0.1500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.1300 | 279870 | 2024-11-19 15:59:36 |
| Year High | 14.768 | Year High Date | 2018-08-31 |
| Year Low | 11.96 | Year Low Date | 2018-02-06 |
| 52wk High | 11.24 | 52wk High Date | 2023-12-27 |
| 52wk Low | 6.250538 | 52wk Low Date | 2024-11-05 |
| Year End Close | 16.42 | Average Volume | 448,416 |
| Shares Outstanding | 109,037 | Short Interest | 268,904 |
| % Institutional | 67.8 | Market Cap | 452M |
| Assets | 194,060,300M | Liabilities | 137,685,000M |
| P/E Ratio | 51.9286 | Volatility | 14.33 |