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.
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.
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).
|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|