Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, December 13, 2024.
Ares Dynamic Credit Allocation Fund, Inc. Common Shares (NYSE:ARDC)
Bull Market Weakness (+75) - ARDC is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ARDC as it may be in the beginning stages of a reversal.
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 UP since Dec 7th, 2023 at 13.0000
The intermediate-term trend has been UP since Nov 19th, 2024 at 15.1896
The short-term trend has been DOWN since Dec 9th, 2024 at 15.2500
Smart Scan Analysis for ARDC
Based on our trend formula, ARDC is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 15.27 | 15.36 | 15.27 | 15.31 | +0.02 |
| Prev. Close | Volume | Bid | Ask | Time |
| 15.29 | 18034 | 2024-12-13 15:59:35 |
| Year High | 16.73 | Year High Date | 2018-05-21 |
| Year Low | 14.71 | Year Low Date | 2018-11-27 |
| 52wk High | 15.62 | 52wk High Date | 2024-12-02 |
| 52wk Low | 13.1 | 52wk Low Date | 2023-12-14 |
| Year End Close | 20.01 | Average Volume | 80,227 |
| Shares Outstanding | 16,000 | Market Cap | 345M |
| Assets | 548,105,000M | Liabilities | 210,985,000M |
| P/E Ratio | 10.1325 | Volatility | 9 |