Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Ares Commercial Real Estate Corporation (NYSE:ACRE)
Bear Market Rally (-75) - ACRE is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ACRE as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ACRE?
MarketClub looks at technical strength and momentum to determine if the timing is right for ACRE.
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 ACRE
The long-term trend has been DOWN since Feb 5th, 2024 at 9.030
The intermediate-term trend has been DOWN since Mar 27th, 2024 at 7.335
The short-term trend has been UP since Apr 22nd, 2024 at 6.650
Smart Scan Analysis for ACRE
Based on our trend formula, ACRE is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.640 | 6.830 | 6.610 | 6.805 | +0.145 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.660 | 341707 | 2024-04-23 15:59:58 |
| Year High | 14.768 | Year High Date | 2018-08-31 |
| Year Low | 11.96 | Year Low Date | 2018-02-06 |
| 52wk High | 11.24 | 52wk High Date | 2023-12-27 |
| 52wk Low | 6.36 | 52wk Low Date | 2024-04-18 |
| Year End Close | 16.42 | Average Volume | 624,787 |
| Shares Outstanding | 108,563 | Short Interest | 268,904 |
| % Institutional | 67.8 | Market Cap | 452M |
| Assets | 227,977,700M | Liabilities | 165,392,800M |
| P/E Ratio | 51.9286 | Volatility | 14.33 |