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Stock Trend Analysis Report

Prepared for you on Sunday, July 21, 2024.

Allspring Multi-Sector Income Fund (AMEX:ERC)

Sidelines Mode (+55) - ERC 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 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
9.100 9.110 9.070 9.075 -0.040
Entry Signal

MarketClub’s Trade Triangles for ERC

long term down The long-term trend has been DOWN since Apr 2nd, 2024 at 9.260

intermediate term up The intermediate-term trend has been UP since Jul 8th, 2024 at 9.055

short term down The short-term trend has been DOWN since Jul 19th, 2024 at 9.110

Smart Scan Analysis for ERC

Based on our trend formula, ERC is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ERC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.100 9.110 9.070 9.075 -0.040
Prev. Close Volume Bid Ask Time
9.075 18391 2024-07-19 15:57:04
Year High13.29Year High Date2018-01-09
Year Low11.15Year Low Date2018-11-20
52wk High9.7452wk High Date2023-08-10
52wk Low8.5152wk Low Date2023-10-25
Year End Close16.17Average Volume105,473
Shares Outstanding39,000Market Cap380M
Assets389,721,507MLiabilities124,048,106M
P/E Ratio11.2279Beta0.06
Volatility12.9
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