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.
MarketClub’s Trade Triangles for ACP
The long-term trend has been UP since Aug 21st, 2023 at 7.01
The intermediate-term trend has been UP since Jun 2nd, 2023 at 6.75
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).
|Year High||14.65||Year High Date||2018-01-08|
|Year Low||11.56||Year Low Date||2018-11-28|
|52wk High||8.63||52wk High Date||2023-02-14|
|52wk Low||6.01||52wk Low Date||2022-10-21|
|Year End Close||18.17||Average Volume||212,147|
|Shares Outstanding||9,803||Market Cap||162M|