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Stock Trend Analysis Report

Prepared for you on Wednesday, June 29, 2022.

Allspring Multi-Sector Income Fund (AMEX:ERC)

Bear Market Rally (-75) - ERC is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ERC as it may be in the beginning of a reversal.

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.

AMEX_ERC
Open High Low ERC Price Change
9.53 9.59 9.52 9.59 +0.09
Entry Signal

MarketClub’s Trade Triangles for ERC

long term down The long-term trend has been DOWN since Dec 14th, 2021 at 12.9100

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 9.3167

short term up The short-term trend has been UP since Jun 22nd, 2022 at 9.2899

Smart Scan Analysis for ERC

Based on our trend formula, ERC is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ERC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.53 9.59 9.52 9.59 +0.09
Prev. Close Volume Bid Ask Time
9.50 21759 2022-06-29 11:14:44
Year High13.29Year High Date2018-01-09
Year Low11.15Year Low Date2018-11-20
52wk High14.0752wk High Date2021-09-27
52wk Low8.989952wk Low Date2022-06-16
Year End Close16.17Average Volume94,118
Shares Outstanding39,000Market Cap380M
Assets502,484,357MLiabilities149,543,323M
P/E Ratio12.0253Beta0.06
Volatility12.9
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