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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE:IGI)
Crossroads (+60) - IGI is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid IGI?
MarketClub looks at technical strength and momentum to determine if the timing is right for IGI.
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 IGI
The long-term trend has been DOWN since Apr 10th, 2024 at 16.7835
The intermediate-term trend has been UP since May 6th, 2024 at 16.9700
The short-term trend has been UP since May 1st, 2024 at 16.7386
Smart Scan Analysis for IGI
Based on our trend formula, IGI is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.90 | 17.09 | 16.90 | 16.95 | +0.04 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.93 | 5058 | 2024-05-08 15:50:26 |
| Year High | 23.67 | Year High Date | 2018-03-15 |
| Year Low | 17.68 | Year Low Date | 2018-11-27 |
| 52wk High | 17.79 | 52wk High Date | 2024-01-02 |
| 52wk Low | 15.1272 | 52wk Low Date | 2023-10-25 |
| Year End Close | 23.05 | Average Volume | 13,497 |
| Shares Outstanding | 10,740 | Market Cap | 231M |
| Assets | 188,738,990M | Liabilities | 1,789,368M |
| P/E Ratio | 20.8846 | Beta | 0.94 |
| Volatility | 12.68 |