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Stock Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
SPDR Bloomberg Convertible Securities ETF (PACF:CWB)
Sidelines Mode (-55) - CWB 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 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 70.46
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 71.29
The short-term trend has been UP since May 3rd, 2024 at 70.76
Smart Scan Analysis for CWB
Based on our trend formula, CWB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 71.0800 | 71.5401 | 71.0100 | 71.2300 | +0.6600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 71.1900 | 811788 | 2024-05-03 15:59:41 |
| 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 | 525,951 |
| Shares Outstanding | 57,300 | Assets | 9,853M |
| Beta | 1.08 | Volatility | 16.3 |