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Stock Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
abrdn Income Credit Strategies Fund Common Shares (NYSE:ACP)
Bull Market Weakness (+75) - ACP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ACP as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for ACP
The long-term trend has been DOWN since Apr 12th, 2024 at 6.650
The intermediate-term trend has been UP since Apr 30th, 2025 at 5.645
The short-term trend has been UP since Apr 23rd, 2025 at 5.560
Smart Scan Analysis for ACP
Based on our trend formula, ACP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.730 | 5.730 | 5.665 | 5.680 | +0.010 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.710 | 358041 | 2025-05-08 15:59:05 |
| Year High | 14.65 | Year High Date | 2018-01-08 |
| Year Low | 11.56 | Year Low Date | 2018-11-28 |
| 52wk High | 7.03 | 52wk High Date | 2024-05-20 |
| 52wk Low | 4.92 | 52wk Low Date | 2025-04-07 |
| Year End Close | 18.17 | Average Volume | 635,291 |
| Shares Outstanding | 9,803 | Market Cap | 162M |
| Assets | 363,080,842M | Liabilities | 110,829,728M |
| P/E Ratio | 6.551 | Volatility | 18.72 |