Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
First Trust/abrdn Global Opportunity Income Fund Common Shares of Beneficial Interest (NYSE:FAM)
Weak Downtrend (-65) - FAM is showing signs of a strengthening downtrend. Monitor FAM as it may be building momentum to the downside.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for FAM
The long-term trend has been UP since Dec 14th, 2023 at 6.13
The intermediate-term trend has been DOWN since Apr 1st, 2024 at 6.43
The short-term trend has been DOWN since Apr 11th, 2024 at 6.43
Smart Scan Analysis for FAM
Based on our trend formula, FAM is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.19 | 6.29 | 6.19 | 6.24 | +0.02 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.24 | 13432 | 2024-04-17 15:59:15 |
| Year High | 11.94 | Year High Date | 2018-01-29 |
| Year Low | 9.05 | Year Low Date | 2018-10-31 |
| 52wk High | 6.67 | 52wk High Date | 2024-03-19 |
| 52wk Low | 5.375 | 52wk Low Date | 2023-10-23 |
| Year End Close | 17.85 | Average Volume | 23,510 |
| Shares Outstanding | 17,365 | Market Cap | 137M |
| Assets | 140,311,903M | Liabilities | 42,540,631M |
| P/E Ratio | 13.3636 | Beta | 0.2 |
| Volatility | 6.37 |
Get a free daily analysis and signals for First Trust/abrdn Global Opportunity Income Fund Common Shares of Beneficial Interest (FAM) - Request Your Free Report.