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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.
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MarketClub’s Trade Triangles for ERC
The long-term trend has been DOWN since Mar 10th, 2023 at 9.3500
The intermediate-term trend has been DOWN since Feb 14th, 2023 at 10.0401
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).
| 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 High | 13.29 | Year High Date | 2018-01-09 |
| Year Low | 11.15 | Year Low Date | 2018-11-20 |
| 52wk High | 10.6599 | 52wk High Date | 2022-04-05 |
| 52wk Low | 8.27 | 52wk Low Date | 2022-10-14 |
| Year End Close | 16.17 | Average Volume | 53,314 |
| Shares Outstanding | 39,000 | Market Cap | 380M |
| Assets | 389,721,507M | Liabilities | 124,048,106M |
| P/E Ratio | 11.2279 | Beta | 0.06 |
| Volatility | 12.9 |