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Stock Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

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

Weak Downtrend (-65) - ACP is showing signs of a strengthening downtrend. Monitor ACP as it may be building momentum to the downside.

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
6.530 6.555 6.515 6.520 0.000
Entry Signal

MarketClub’s Trade Triangles for ACP

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 6.650

intermediate term down The intermediate-term trend has been DOWN since Oct 24th, 2024 at 6.510

short term up The short-term trend has been UP since Nov 20th, 2024 at 6.545

Smart Scan Analysis for ACP

Based on our trend formula, ACP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for ACP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.530 6.555 6.515 6.520 0.000
Prev. Close Volume Bid Ask Time
6.420 775455 2024-11-20 15:59:30
Year High14.65Year High Date2018-01-08
Year Low11.56Year Low Date2018-11-28
52wk High7.0552wk High Date2024-03-19
52wk Low6.0552wk Low Date2023-11-22
Year End Close18.17Average Volume613,902
Shares Outstanding9,803Market Cap162M
Assets363,080,842MLiabilities110,829,728M
P/E Ratio6.551Volatility18.72
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