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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Tri Continental Corporation (NYSE:TY)
Long-Term Uptrend (+90) - TY is in a strong uptrend that is likely to continue. While TY 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 TY?
MarketClub looks at technical strength and momentum to determine if the timing is right for TY.
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 TY
The long-term trend has been UP since Dec 1st, 2023 at 27.9895
The intermediate-term trend has been UP since May 6th, 2024 at 30.0319
The short-term trend has been UP since Apr 22nd, 2024 at 29.6800
Smart Scan Analysis for TY
Based on our trend formula, TY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 30.2600 | 30.3050 | 30.0701 | 30.2450 | -0.0350 |
| Prev. Close | Volume | Bid | Ask | Time |
| 30.2500 | 13312 | 2024-05-08 15:00:15 |
| Year High | 28.3199 | Year High Date | 2018-01-24 |
| Year Low | 25.2 | Year Low Date | 2018-11-20 |
| 52wk High | 30.95 | 52wk High Date | 2024-03-28 |
| 52wk Low | 25.16 | 52wk Low Date | 2023-10-27 |
| Year End Close | 16.05 | Average Volume | 35,530 |
| Shares Outstanding | 124,564 | Market Cap | 1,443M |
| Assets | 175,315,019M | Liabilities | 4,422,372M |
| Beta | 0.99 | Volatility | 19.2 |