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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Advent Convertible and Income Fund (NYSE:AVK)
Long-Term Uptrend (+90) - AVK is in a strong uptrend that is likely to continue. While AVK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid AVK?
MarketClub looks at technical strength and momentum to determine if the timing is right for AVK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for AVK
The long-term trend has been UP since Dec 27th, 2023 at 11.450
The intermediate-term trend has been UP since May 6th, 2024 at 11.945
The short-term trend has been UP since Apr 23rd, 2024 at 11.480
Smart Scan Analysis for AVK
Based on our trend formula, AVK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.12 | 12.16 | 12.05 | 12.12 | +0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.11 | 96869 | 2024-05-08 15:59:25 |
| Year High | 16.5 | Year High Date | 2018-01-26 |
| Year Low | 13.14 | Year Low Date | 2018-11-20 |
| 52wk High | 12.1601 | 52wk High Date | 2024-03-13 |
| 52wk Low | 9.24 | 52wk Low Date | 2023-10-30 |
| Year End Close | 16.12 | Average Volume | 118,059 |
| Shares Outstanding | 20,800 | Market Cap | 505M |
| Assets | 884,842,384M | Liabilities | 370,886,282M |
| P/E Ratio | 42.6538 | Beta | 1.39 |
| Volatility | 19.79 |