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Stock Trend Analysis Report
Prepared for you on Tuesday, October 8, 2024.
Ares Capital Corporation - Closed End Fund (NASDAQ:ARCC)
Bull Market Weakness (+75) - ARCC is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ARCC as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ARCC?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARCC.
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 ARCC
The long-term trend has been DOWN since Aug 2nd, 2024 at 20.450
The intermediate-term trend has been UP since Sep 30th, 2024 at 20.940
The short-term trend has been UP since Sep 27th, 2024 at 20.835
Smart Scan Analysis for ARCC
Based on our trend formula, ARCC is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 21.020 | 21.040 | 20.920 | 21.025 | +0.005 |
| Prev. Close | Volume | Bid | Ask | Time |
| 21.020 | 1661551 | 2024-10-08 15:59:27 |
| Year High | 17.63 | Year High Date | 2018-11-12 |
| Year Low | 15.03 | Year Low Date | 2018-02-06 |
| 52wk High | 21.84 | 52wk High Date | 2024-06-06 |
| 52wk Low | 18.545 | 52wk Low Date | 2023-10-23 |
| Year End Close | 17.5 | Average Volume | 3,727,576 |
| Shares Outstanding | 630,387 | Short Interest | 4,756,685 |
| % Institutional | 57.3 | Market Cap | 8,171M |
| Assets | 260,920,000M | Liabilities | 137,280,000M |
| P/E Ratio | 7.3754 | Beta | 1.07 |
| Volatility | 21.62 |