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Stock Trend Analysis Report
Prepared for you on Wednesday, October 4, 2023.
Saba Closed-End Funds ETF (BATS:CEFS)
Strong Downtrend (-100) - CEFS is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CEFS continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CEFS?
MarketClub looks at technical strength and momentum to determine if the timing is right for CEFS.
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 CEFS
The long-term trend has been DOWN since Sep 26th, 2023 at 17.6099
The intermediate-term trend has been DOWN since Aug 16th, 2023 at 18.5200
The short-term trend has been DOWN since Sep 18th, 2023 at 18.0501
Smart Scan Analysis for CEFS
Based on our trend formula, CEFS is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 17.20 | 17.33 | 17.00 | 17.07 | -0.29 |
| Prev. Close | Volume | Bid | Ask | Time |
| 17.15 | 103253 | 2023-10-03 15:53:07 |
| Year High | 23 | Year High Date | 2018-01-29 |
| Year Low | 18.36 | Year Low Date | 2018-11-28 |
| 52wk High | 19.84 | 52wk High Date | 2023-02-21 |
| 52wk Low | 16.49 | 52wk Low Date | 2022-10-25 |
| Average Volume | 44,540 | Volatility | 10.92 |