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

Grade Last Price % Change Price Change
grade C 14.96 0.07% 0.01
ARDC closed up 0.07 percent on Thursday, February 21, 2019, on 69 percent of normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Up Up
See historical ARDC trend table...

Date Alert Name Type % Chg
Feb 21 Hammer Candlestick Bullish 0.00%
Feb 21 Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Feb 21 Cup with Handle Other 0.00%
Feb 21 Outside Day Range Expansion 0.00%
Feb 21 Overbought Stochastic Strength 0.00%
Feb 20 Cup with Handle Other 0.07%
Feb 20 Narrow Range Bar Range Contraction 0.07%
Feb 20 NR7 Range Contraction 0.07%
Feb 20 Overbought Stochastic Strength 0.07%
Feb 19 Calm After Storm Range Contraction 0.13%

Older signals for ARDC ...

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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”).
Bond Security United States Housing Bubble Financial Law Loans High Yield Debt Mortgage Backed Security 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
Summary: Counts: 2 bullish, 1 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 16.73
52 Week Low 13.07
Average Volume 131,562
200-Day Moving Average 15.4121
50-Day Moving Average 14.3268
20-Day Moving Average 14.681
10-Day Moving Average 14.852
Average True Range 0.1141
ADX 28.16
+DI 30.8952
-DI 15.6013
Chandelier Exit (Long, 3 ATRs ) 14.6877
Chandelier Exit (Short, 3 ATRs ) 14.5723
Upper Bollinger Band 15.1178
Lower Bollinger Band 14.2442
Percent B (%b) 0.82
BandWidth 5.950548
MACD Line 0.169
MACD Signal Line 0.145
MACD Histogram 0.024
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 15.13
Resistance 3 (R3) 15.12 15.05 15.10
Resistance 2 (R2) 15.05 15.01 15.06 15.09
Resistance 1 (R1) 15.01 14.99 14.98 15.02 15.08
Pivot Point 14.94 14.94 14.93 14.95 14.94
Support 1 (S1) 14.90 14.90 14.87 14.91 14.84
Support 2 (S2) 14.83 14.88 14.84 14.83
Support 3 (S3) 14.79 14.83 14.82
Support 4 (S4) 14.80