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Stock Trend Analysis Report

Prepared for you on Saturday, September 23, 2023.

abrdn Income Credit Strategies Fund Common Shares (NYSE:ACP)

Sidelines Mode (+55) - ACP 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 ACP?

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

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

NYSE_ACP
Open High Low ACP Price Change
6.9800 6.9900 6.9601 6.9700 +0.0100
Entry Signal

MarketClub’s Trade Triangles for ACP

long term up The long-term trend has been UP since Aug 21st, 2023 at 7.01

intermediate term up The intermediate-term trend has been UP since Jun 2nd, 2023 at 6.75

short term down The short-term trend has been DOWN since Sep 21st, 2023 at 7.06

Smart Scan Analysis for ACP

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

+55
Smart Scan Analysis for ACP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.9800 6.9900 6.9601 6.9700 +0.0100
Prev. Close Volume Bid Ask Time
6.9700 167652 2023-09-22 15:59:59
Year High14.65Year High Date2018-01-08
Year Low11.56Year Low Date2018-11-28
52wk High8.6352wk High Date2023-02-14
52wk Low6.0152wk Low Date2022-10-21
Year End Close18.17Average Volume212,147
Shares Outstanding9,803Market Cap162M
Assets363,080,842MLiabilities110,829,728M
P/E Ratio6.551Volatility18.72
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