ACRE NEWS why is Ares Commercial Real Estate Corporation price falling or rising

ACRE NEWS reasons for why stock price of Ares Commercial Real Estate Corporation is falling or rising

ACRE Ares Commercial is falling or rising technical reasons

Technical analysis forecast for Ares Commercial Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Ares Commercial ACRE at this time. Stock is falling and might fall more.

It appears as if Ares Commercial ACRE gave a large move recently.

Stock of Ares Commercial (ACRE) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

Although my analysis for Ares Commercial is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 6.7, for a target of 6.8 or 6.98

ACRE Ares Commercial is falling or rising NEWS fundamental reasons

Concorde acquires 1.6 acre land in Bengaluru for Rs 200 cr housing project Realty firm Concorde on Thursday said it has acquired a 1.6-acre land parcel in Bengaluru to develop a housing project with a revenue potential of Rs 200 crore. "Set to be a premium high rise residential complex, this joint development will have a gross de - NEWS as on 2024-06-27 business-standard.com

Century Textiles rallies on acquiring 16-acre land parcel in Pune Century Textiles and Industries advanced 4.50% to Rs 2,314.90 after Birla Estates announced to acquire land parcel of 16.5 acres in Manjri, Pune. - NEWS as on 2024-06-24 business-standard.com

More announcements and NEWS

ACRE Ares Commercial Real Estate Corporation current price & indicator signals

Moving Averages for Ares Commercial Real Estate Corporation

  • 5Day Average: 6.91
  • 12Day Average: 7.06
  • 20Day Average: 7.05
  • 50Day Average: 6.91
  • 100Day Average: 7.21
  • 150Day Average: 8.21
  • 200Day Average: 8.54

ACRE Indicators & signals

Indicator MACD (12,26,9)

6.97, 6.98, 0.04
Indicator MACD is in negative zone

Indicator ADX (14)

12.5, 31.82, 40.91
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ACRE Ares Commercial Real Estate Corporation are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
28 Fri Jun 2024 6.65 6.43 to 6.66 -0.3% 2.11 times
27 Thu Jun 2024 6.67 6.58 to 7.15 -6.06% 2.55 times
26 Wed Jun 2024 7.10 6.94 to 7.12 1.28% 0.83 times
25 Tue Jun 2024 7.01 7.01 to 7.17 -1.68% 0.87 times
24 Mon Jun 2024 7.13 7.08 to 7.22 -0.7% 0.7 times
21 Fri Jun 2024 7.18 7.09 to 7.23 -0.42% 2 times
20 Thu Jun 2024 7.21 7.09 to 7.26 0.7% 0.64 times
18 Tue Jun 2024 7.16 7.14 to 7.28 0% 0.57 times
18 Tue Jun 2024 7.16 7.14 to 7.28 -0.83% 0.57 times
17 Mon Jun 2024 7.22 7.06 to 7.24 1.98% 0.58 times
14 Fri Jun 2024 7.08 7.02 to 7.16 -0.7% 0.69 times
13 Thu Jun 2024 7.13 7.04 to 7.16 0% 0.45 times

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ACRE NEWS why is Ares Commercial Real Estate Corporation price falling or rising

 

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