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Stock Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

abrdn Australia Equity Fund, Inc. (AMEX:IAF)

Bull Market Weakness (+75) - IAF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IAF as it may be in the beginning stages of a reversal.

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

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

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

AMEX_IAF
Open High Low IAF Price Change
4.26 4.26 4.22 4.24 +0.03
Entry Signal

MarketClub’s Trade Triangles for IAF

long term up The long-term trend has been UP since Dec 14th, 2023 at 4.1999

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 4.1600

short term up The short-term trend has been UP since Apr 19th, 2024 at 4.2100

Smart Scan Analysis for IAF

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

+75
Smart Scan Analysis for IAF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.26 4.26 4.22 4.24 +0.03
Prev. Close Volume Bid Ask Time
4.21 26827 2024-04-23 11:10:04
Year High6.77Year High Date2018-01-29
Year Low5.05Year Low Date2018-10-29
52wk High4.5552wk High Date2023-07-27
52wk Low3.652wk Low Date2023-10-30
Year End Close10.44Average Volume89,440
Shares Outstanding16,893% Institutional13.9
Market Cap121MAssets126,197,314M
Liabilities9,793,368MP/E Ratio18.5667
Beta1.12Volatility17.23
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