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Stock Trend Analysis Report

Prepared for you on Saturday, May 25, 2024.

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

Strong Uptrend (+100) - FAM is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, FAM continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
6.5300 6.5638 6.4800 6.5041 +0.0141
Entry Signal

MarketClub’s Trade Triangles for FAM

long term up The long-term trend has been UP since Dec 14th, 2023 at 6.1300

intermediate term up The intermediate-term trend has been UP since May 16th, 2024 at 6.4750

short term up The short-term trend has been UP since May 15th, 2024 at 6.4124

Smart Scan Analysis for FAM

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

+100
Smart Scan Analysis for FAM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.5300 6.5638 6.4800 6.5041 +0.0141
Prev. Close Volume Bid Ask Time
6.5200 31062 2024-05-24 14:42:08
Year High11.94Year High Date2018-01-29
Year Low9.05Year Low Date2018-10-31
52wk High6.6752wk High Date2024-03-19
52wk Low5.37552wk Low Date2023-10-23
Year End Close17.85Average Volume27,946
Shares Outstanding17,365Market Cap137M
Assets140,311,903MLiabilities42,540,631M
P/E Ratio13.3636Beta0.2
Volatility6.37
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