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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.

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
15.91 15.91 15.72 15.74 -0.10
Entry Signal

MarketClub’s Trade Triangles for ARDC

long term down The long-term trend has been DOWN since Nov 19th, 2021 at 15.85

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2021 at 16.19

short term up 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).

-85
Smart Scan Analysis for ARDC
Strong Downtrend Sideways 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 High16.73Year High Date2018-05-21
Year Low14.71Year Low Date2018-11-27
52wk High16.6652wk High Date2021-09-14
52wk Low13.7552wk Low Date2020-12-10
Year End Close20.01Average Volume61,283
Shares Outstanding16,000Market Cap345M
Assets581,461,000MLiabilities199,667,000M
P/E Ratio13.3109Volatility9
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