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Stock Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

First Trust/abrdn Global Opportunity Income Fund Common Shares of Beneficial Interest (NYSE:FAM)

Sidelines Mode (-55) - FAM 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 FAM?

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

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

NYSE_FAM
Open High Low FAM Price Change
5.83 5.84 5.79 5.79 -0.02
Entry Signal

MarketClub’s Trade Triangles for FAM

long term down The long-term trend has been DOWN since Mar 2nd, 2023 at 5.81

intermediate term up The intermediate-term trend has been UP since Mar 16th, 2023 at 6.01

short term down The short-term trend has been DOWN since Mar 28th, 2023 at 5.80

Smart Scan Analysis for FAM

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

-55
Smart Scan Analysis for FAM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.83 5.84 5.79 5.79 -0.02
Prev. Close Volume Bid Ask Time
5.81 20771 2023-03-28 16:00:00
Year High11.94Year High Date2018-01-29
Year Low9.05Year Low Date2018-10-31
52wk High7.55552wk High Date2022-03-31
52wk Low5.2352wk Low Date2022-10-21
Year End Close17.85Average Volume53,417
Shares Outstanding17,365Market Cap137M
Assets140,311,903MLiabilities42,540,631M
P/E Ratio13.3636Beta0.2
Volatility6.37
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