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Stock Trend Analysis Report

Prepared for you on Wednesday, March 29, 2023.

Allspring Multi-Sector Income Fund (AMEX:ERC)

Long-Term Downtrend (-90) - ERC is in a strong downtrend that is likely to continue. While ERC is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

Open High Low ERC Price Change
8.970 8.995 8.920 8.978 -0.012
Entry Signal

MarketClub’s Trade Triangles for ERC

long term down The long-term trend has been DOWN since Mar 10th, 2023 at 9.3500

intermediate term down The intermediate-term trend has been DOWN since Feb 14th, 2023 at 10.0401

short term down The short-term trend has been DOWN since Mar 23rd, 2023 at 8.9900

Smart Scan Analysis for ERC

Based on our trend formula, ERC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for ERC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.970 8.995 8.920 8.978 -0.012
Prev. Close Volume Bid Ask Time
8.980 49501 2023-03-28 15:59:55
Year High13.29Year High Date2018-01-09
Year Low11.15Year Low Date2018-11-20
52wk High10.659952wk High Date2022-04-05
52wk Low8.2752wk Low Date2022-10-14
Year End Close16.17Average Volume53,314
Shares Outstanding39,000Market Cap380M
P/E Ratio11.2279Beta0.06
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