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Stock Trend Analysis Report
Prepared for you on Wednesday, April 24, 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.
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MarketClub’s Trade Triangles for IAF
The long-term trend has been UP since Dec 14th, 2023 at 4.1999
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 4.1600
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.260 | 4.300 | 4.220 | 4.281 | +0.071 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.281 | 92044 | 2024-04-23 15:59:29 |
| Year High | 6.77 | Year High Date | 2018-01-29 |
| Year Low | 5.05 | Year Low Date | 2018-10-29 |
| 52wk High | 4.55 | 52wk High Date | 2023-07-27 |
| 52wk Low | 3.6 | 52wk Low Date | 2023-10-30 |
| Year End Close | 10.44 | Average Volume | 86,913 |
| Shares Outstanding | 16,893 | % Institutional | 13.9 |
| Market Cap | 121M | Assets | 126,197,314M |
| Liabilities | 9,793,368M | P/E Ratio | 18.5667 |
| Beta | 1.12 | Volatility | 17.23 |