ARES DYNAMIC CREDIT ALLOCATI (ARDC)

US04014F1021

14.04  +0.09 (+0.65%)

Technical Rating and Analysis

5

Overall ARDC gets a technical rating of 5 out of 10. ARDC has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
ARDC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ARDC is performing more or less in line with the market.
When comparing the performance of all stocks over the past year, ARDC turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
In the last month ARDC has a been trading in a tight range between 13.67 and 14.25.
Weekly and Daily overview Charts
ARDC Weekly chart
ARDC Daily chart
Setup Rating and Analysis

6

ARDC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 14.24. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.01, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

11.47

14.44

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 13.49 to 14.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @12.60 from a horizontal line in the daily time frame.
  • Support @12.36 from a trend line in the weekly time frame.
  • Support @11.59 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 14.24 to 14.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.09
Mansfield-0.12
10 Day High14.25
10 Day Low13.67
20 Day High14.25
20 Day Low13.67
52 Week High14.3
52 Week Low11.56
Performance
1 Week1.81%
2 Weeks0.65%
1 Month-0.78%
3 Month4.39%
6 Month12.1%
12 Month16.32%
2 Year4.62%
3 Year-11.14%
5 Year-6.71%
10 Year-23.19%
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)0.01
RSI(14)55.82
LBB13.75
UBB14.03
ARDC Daily chart

ARES DYNAMIC CREDIT ALLOCATI

NYSE:ARDC (5/2/2024, 7:04:00 PM)

14.04

+0.09 (+0.65%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.65%
1 Week1.81%
2 Weeks0.65%
1 Month-0.78%
3 Month4.39%
6 Month12.1%
12 Month16.32%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.17
ATR(20)%1.15%
ATR Inc
Range Today0.12
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 High14.25
10 Day Low13.67
20 Day High14.25
20 Day Low13.67
52 Week High14.3
52 Week Low11.56
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume67.00K
Volume Incr8.35%
Vol(5)98.12K
Vol(50)94.68K