Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Sunday, December 3, 2023.
First Trust/abrdn Global Opportunity Income Fund Common Shares of Beneficial Interest (NYSE:FAM)
Crossroads (+60) - FAM is struggling to move into a solid trend. Beware of choppy markets 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for FAM
The long-term trend has been DOWN since Sep 8th, 2023 at 5.8600
The intermediate-term trend has been UP since Oct 30th, 2023 at 5.5299
The short-term trend has been UP since Nov 16th, 2023 at 5.8250
Smart Scan Analysis for FAM
Based on our trend formula, FAM is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.95 | 6.12 | 5.95 | 6.08 | +0.12 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.07 | 35196 | 2023-12-01 16:00:00 |
| Year High | 11.94 | Year High Date | 2018-01-29 |
| Year Low | 9.05 | Year Low Date | 2018-10-31 |
| 52wk High | 6.56 | 52wk High Date | 2023-07-31 |
| 52wk Low | 5.375 | 52wk Low Date | 2023-10-23 |
| Year End Close | 17.85 | Average Volume | 51,275 |
| 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 |