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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ARCC
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Ares Capital Corporation stock price down 0.0486% on Thursday
(Updated on Jun 20, 2024)

Hold candidate since Jun 18, 2024 Loss -0.05% PDF

The Ares Capital Corporation stock price fell by -0.0486% on the last day (Thursday, 20th Jun 2024) from $20.59 to $20.58. During the last trading day the stock fluctuated 0.732% from a day low at $20.50 to a day high of $20.65. The price has fallen in 7 of the last 10 days and is down by -4.63% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -961 thousand shares and in total, 3 million shares were bought and sold for approximately $54.76 million.

Given the current short-term trend, the stock is expected to rise 5.78% during the next 3 months and, with a 90% probability hold a price between $21.77 and $23.03 at the end of this 3-month period.

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ARCC Signals & Forecast

There are few to no technical positive signals at the moment. The Ares Capital Corporation stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $20.95 and $21.16. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, June 05, 2024, and so far it has fallen -4.63%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. The stock had a Golden Star Signal on Monday, March 25, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Monday, March 25, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Ares Capital Corporation stock

Ares Capital Corporation finds support from accumulated volume at $20.48 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.150 between high and low, or 0.732%. For the last week the stock has had daily average volatility of 1.30%.

Ares Capital Corporation is oversold on RSI14 (24). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: $19.24 (-6.52%) (This stock has low daily movements and this gives low risk. Low RSI14 is 24 which reduces the risk some. There is a sell signal from a pivot top found 46 days ago.)

Trading Expectations (ARCC) For The Upcoming Trading Day Of Friday 21st

For the upcoming trading day on Friday, 21st we expect Ares Capital Corporation to open at $20.58, and during the day (based on 14 day Average True Range), to move between $20.33 and $20.83, which gives a possible trading interval of +/-$0.250 (+/-1.22%) up or down from last closing price. If Ares Capital Corporation takes out the full calculated possible swing range there will be an estimated 2.43% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $20.48 (0.49%) than the resistance at $20.82 (1.17%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Ares Capital Corporation stock A Buy?

Ares Capital Corporation holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.717 Hold/Accumulate Unchanged

Predicted Opening Price for Ares Capital Corporation of Friday, June 21, 2024

Fair opening price June 21, 2024 Current price
$20.58 ( 0.0162%) $20.58

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ARCC

Fibonacci Support & Resistance Levels

Level Price
R3 20.73 0.713%
R2 20.67 0.434%
R1 20.63 0.262%
Price 20.58
S1 20.52 -0.295%
S2 20.48 -0.467%
S3 20.43 -0.745%

Accumulated Volume Support & Resistance Levels

Level Price
R3 21.57 4.81%
R2 21.25 3.26%
R1 20.82 1.17%
Price 20.58
S1 20.48 -0.486%
S2 20.39 -0.92%
S3 20.24 -1.65%

ARCC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 14, 2024 Jun 14, 2024 Jun 28, 2024 $0.480 2.33%
2 May 01, 2024 Jun 13, 2024 Jun 28, 2024 $0.480 2.33%
3 Feb 07, 2024 Mar 14, 2024 Mar 29, 2024 $0.480 2.31%
4 Oct 24, 2023 Dec 14, 2023 Dec 28, 2023 $0.480 2.39%
5 Jul 25, 2023 Sep 14, 2023 Sep 29, 2023 $0.480 2.47%

FAQ

What is the symbol for Ares Capital Corporation Stock and on which exchange is it traded?
The symbol for Ares Capital Corporation is ARCC and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Ares Capital Corporation Stock?
Ares Capital Corporation holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Ares Capital Corporation Stock?
Ares Capital Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Ares Capital Corporation Stock.

What's the current price of Ares Capital Corporation Stock?
As of the end of day on the Jun 20, 2024, the price of an Ares Capital Corporation (ARCC) share was $20.58.

What is the 52-week high and low for Ares Capital Corporation Stock?
The 52-week high for Ares Capital Corporation Stock is $21.84 and the 52-week low is $18.01.

What is the market capitalization of Ares Capital Corporation Stock?
As of the Jun 20, 2024, the market capitalization of Ares Capital Corporation is 12.653B.

When is the next earnings date for Ares Capital Corporation?
The upcoming earnings date for Ares Capital Corporation is Jul 23, 2024.
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About Ares Capital Corporation

Ares Capital Ares Capital Corporation is a business development company specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. It also makes growth capital and general refinancing. It prefers to make investments in companies engaged in the basic and growth manufacturing, business services, consumer products, health care products and services, and informatio... ARCC Profile

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