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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.
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MarketClub’s Trade Triangles for ARDC
The long-term trend has been DOWN since Mar 16th, 2023 at 11.4500
The intermediate-term trend has been UP since Jun 7th, 2023 at 12.0050
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).
| 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 High | 16.73 | Year High Date | 2018-05-21 |
| Year Low | 14.71 | Year Low Date | 2018-11-27 |
| 52wk High | 13.52 | 52wk High Date | 2022-08-16 |
| 52wk Low | 11.16 | 52wk Low Date | 2022-10-13 |
| Year End Close | 20.01 | Average Volume | 89,201 |
| Shares Outstanding | 16,000 | Market Cap | 345M |
| Assets | 498,683,000M | Liabilities | 191,870,000M |
| P/E Ratio | 9.1298 | Volatility | 9 |