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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Saba Capital Income & Opportunities Fund SBI (NYSE:BRW)

Sidelines Mode (+55) - BRW is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid BRW?

MarketClub looks at technical strength and momentum to determine if the timing is right for BRW.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_BRW
Open High Low BRW Price Change
7.220 7.220 7.135 7.215 -0.010
Entry Signal

MarketClub’s Trade Triangles for BRW

long term down The long-term trend has been DOWN since Jun 28th, 2023 at 7.66

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 7.31

short term down The short-term trend has been DOWN since May 8th, 2024 at 7.26

Smart Scan Analysis for BRW

Based on our trend formula, BRW is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for BRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.220 7.220 7.135 7.215 -0.010
Prev. Close Volume Bid Ask Time
7.220 145339 2024-05-08 15:58:35
52wk High8.0552wk High Date2023-05-15
52wk Low7.0252wk Low Date2024-04-15
Average Volume125,583Shares Outstanding68,487
Assets548,459,984MLiabilities181,000,773M
P/E Ratio151.1
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