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Ares Capital Corporation Inc. (ARCC) Price Performance: A Technical Analysis Perspective

Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 1.80%. However, over the past six months, we’ve seen a weaker performance of 6.25%. The price of ARCC leaped by -0.73% over the last 30 days. And in the last five days, it has fallen by -0.44%.

In terms of market performance, Ares Capital Corporation had a fairly even. The highest value for the stock in the past year was $20.86 on 03/28/24, and the lowest value was recorded at $17.53 on 05/04/23.

52-week price history of ARCC Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Ares Capital Corporation’s current trading price is -2.25% away from its 52-week high, while its distance from the 52-week low is 16.31%. The stock’s price range during this period has varied between$17.53 and $20.86. The Ares Capital Corporation’s shares, which operate in the Financial, saw a trading volume of around 3.01 million for the day, a figure considerably lower than their average daily volume of 3.71 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Ares Capital Corporation (ARCC) has experienced a quarterly rise of 0.39% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.37B.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 20.14, with a change in price of +0.64. Similarly, Ares Capital Corporation recorded 3,768,844 in trading volume during the last 100 days, posting a change of +3.24%.

ARCC Stock Stochastic Average

Ares Capital Corporation’s raw stochastic average for the past 50 days is presently 57.66%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 57.66%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 66.97% and 68.87%, respectively.