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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
SPDR Bloomberg Convertible Securities ETF (PACF:CWB)
Bull Market Weakness (+75) - CWB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CWB as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CWB?
MarketClub looks at technical strength and momentum to determine if the timing is right for CWB.
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 CWB
The long-term trend has been DOWN since Apr 15th, 2024 at 70.4600
The intermediate-term trend has been UP since May 6th, 2024 at 71.5401
The short-term trend has been UP since May 3rd, 2024 at 70.7600
Smart Scan Analysis for CWB
Based on our trend formula, CWB is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 71.470 | 71.470 | 71.225 | 71.415 | -0.225 |
| Prev. Close | Volume | Bid | Ask | Time |
| 71.640 | 191837 | 2024-05-08 15:59:37 |
| Year High | 54.99 | Year High Date | 2018-06-20 |
| Year Low | 48.72 | Year Low Date | 2018-10-29 |
| 52wk High | 73.435 | 52wk High Date | 2024-03-28 |
| 52wk Low | 64.56 | 52wk Low Date | 2023-10-31 |
| Year End Close | 40.3 | Average Volume | 539,867 |
| Shares Outstanding | 57,300 | Assets | 9,853M |
| Beta | 1.08 | Volatility | 16.3 |