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Stock Trend Analysis Report
Prepared for you on Thursday, December 9, 2021.
Ares Dynamic Credit Allocation Fund, Inc. Common Shares (NYSE:ARDC)
Countertrend Down (-85) - ARDC is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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MarketClub looks at technical strength and momentum to determine if the timing is right for ARDC.
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MarketClub’s Trade Triangles for ARDC
The long-term trend has been DOWN since Nov 19th, 2021 at 15.85
The intermediate-term trend has been DOWN since Oct 4th, 2021 at 16.19
The short-term trend has been UP since Dec 7th, 2021 at 16.05
Smart Scan Analysis for ARDC
Based on our trend formula, ARDC is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 15.91 | 15.91 | 15.72 | 15.74 | -0.10 |
| Prev. Close | Volume | Bid | Ask | Time |
| 15.74 | 95239 | 2021-12-08 15:59:59 |
| Year High | 16.73 | Year High Date | 2018-05-21 |
| Year Low | 14.71 | Year Low Date | 2018-11-27 |
| 52wk High | 16.66 | 52wk High Date | 2021-09-14 |
| 52wk Low | 13.75 | 52wk Low Date | 2020-12-10 |
| Year End Close | 20.01 | Average Volume | 61,283 |
| Shares Outstanding | 16,000 | Market Cap | 345M |
| Assets | 581,461,000M | Liabilities | 199,667,000M |
| P/E Ratio | 13.3109 | Volatility | 9 |