ARES COMMERCIAL REAL ESTATE (ACRE)
US04013V1089 - REIT
We assign a technical rating of 0 out of 10 to ACRE. ACRE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ACRE is a bad performer in the overall market: 85% of all stocks are doing better.
ACRE is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 65 other stocks in this industry, of which 90% are performing better than ACRE.
ACRE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ACRE has a been trading in the 6.36 - 7.27 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Although the technical rating is bad, ACRE does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for ACRE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.86
10.80
When analyzing the resistance we notice 3 important areas.
- Resistance @7.79 from a horizontal line in the daily time frame.
- Resistance @10.18 from a trend line in the weekly time frame.
- Resistance @10.69 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.01
Mansfield-3.38
10 Day High7.2
10 Day Low6.61
20 Day High7.27
20 Day Low6.36
52 Week High11.24
52 Week Low6.36
Performance
1 Week-1%
2 Weeks4.05%
1 Month-3.08%
3 Month-20.44%
6 Month-27.59%
12 Month-16.81%
2 Year-52.86%
3 Year-54.32%
5 Year-52.79%
10 Year-44.69%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)47.43
LBB6.4
UBB7.17
ARES COMMERCIAL REAL ESTATE
NYSE:ACRE (5/6/2024, 5:30:00 PM)
After market: 6.93 0 (0%)6.93
+0.01 (+0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg0.14%
1 Week-1%
2 Weeks4.05%
1 Month-3.08%
3 Month-20.44%
6 Month-27.59%
12 Month-16.81%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.21
ATR(20)%3.16%
ATR Inc
Range Today0.11
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High7.2
10 Day Low6.61
20 Day High7.27
20 Day Low6.36
52 Week High11.24
52 Week Low6.36
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume403.40K
Volume Incr-26.59%
Vol(5)440.64K
Vol(50)673.84K