Technical Analysis for ARDC - Ares Dynamic Credit Allocation Fund, Inc.

Grade Last Price % Change Price Change
A 15.27 0.26% 0.04
ARDC closed up 0.26 percent on Wednesday, November 20, 2024, on 1.5 times normal volume. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Spinning Top Other 0.00%
New 52 Week High Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
50 DMA Support Bullish 0.26%

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Profile

The Fund will seek to achieve its investment objective by investing primarily in a broad, dynamically managed portfolio of (i) secured loans (“Senior Loans”) made primarily to companies whose debt is rated below investment grade; (ii) corporate bonds (“Corporate Bonds”) that are expected to be primarily high yield issues rated below investment grade; and (iii) debt securities issued by entities commonly referred to, and referred to herein, as collateralized loan obligations (“CLOs”, and such debt securities, “CLO Debt Securities”).
Classification

Keywords: Exchange Traded Fund ETF Bond Mortgage Backed Security Loan High Yield Debt Debt Securities Credit Collateralized Loan Obligation

Is ARDC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 15.33
52 Week Low 11.5915
Average Volume 77,686
200-Day Moving Average 14.21
50-Day Moving Average 15.09
20-Day Moving Average 15.05
10-Day Moving Average 15.08
Average True Range 0.15
RSI (14) 62.12
ADX 14.55
+DI 24.41
-DI 12.87
Chandelier Exit (Long, 3 ATRs) 14.88
Chandelier Exit (Short, 3 ATRs) 15.25
Upper Bollinger Bands 15.25
Lower Bollinger Band 14.85
Percent B (%b) 1.05
BandWidth 2.68
MACD Line 0.02
MACD Signal Line -0.01
MACD Histogram 0.031
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 15.51
Resistance 3 (R3) 15.50 15.42 15.47
Resistance 2 (R2) 15.42 15.36 15.42 15.46
Resistance 1 (R1) 15.34 15.32 15.38 15.35 15.44
Pivot Point 15.26 15.26 15.28 15.26 15.26
Support 1 (S1) 15.18 15.20 15.22 15.19 15.10
Support 2 (S2) 15.10 15.16 15.10 15.08
Support 3 (S3) 15.02 15.10 15.07
Support 4 (S4) 15.03