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Stock Trend Analysis Report

Prepared for you on Friday, June 9, 2023.

Ares Dynamic Credit Allocation Fund, Inc. Common Shares (NYSE:ARDC)

Crossroads (+60) - ARDC is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ARDC?

MarketClub looks at technical strength and momentum to determine if the timing is right for ARDC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_ARDC
Open High Low ARDC Price Change
11.95 12.00 11.90 11.90 -0.06
Entry Signal

MarketClub’s Trade Triangles for ARDC

long term down The long-term trend has been DOWN since Mar 16th, 2023 at 11.4500

intermediate term up The intermediate-term trend has been UP since Jun 7th, 2023 at 12.0050

short term up The short-term trend has been UP since May 31st, 2023 at 11.7288

Smart Scan Analysis for ARDC

Based on our trend formula, ARDC is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for ARDC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.95 12.00 11.90 11.90 -0.06
Prev. Close Volume Bid Ask Time
11.96 22945 2023-06-09 13:48:05
Year High16.73Year High Date2018-05-21
Year Low14.71Year Low Date2018-11-27
52wk High13.5252wk High Date2022-08-16
52wk Low11.1652wk Low Date2022-10-13
Year End Close20.01Average Volume89,201
Shares Outstanding16,000Market Cap345M
Assets498,683,000MLiabilities191,870,000M
P/E Ratio9.1298Volatility9
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