Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
Blackrock Floating Rate Income Strategies Fund Inc (NYSE:FRA)
Long-Term Downtrend (-90) - FRA is in a strong downtrend that is likely to continue. While FRA is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FRA?
MarketClub looks at technical strength and momentum to determine if the timing is right for FRA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for FRA
The long-term trend has been DOWN since Oct 19th, 2023 at 11.96
The intermediate-term trend has been DOWN since Oct 3rd, 2023 at 12.40
The short-term trend has been DOWN since Nov 29th, 2023 at 11.92
Smart Scan Analysis for FRA
Based on our trend formula, FRA is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.00 | 12.00 | 11.90 | 11.99 | -0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.99 | 186336 | 2023-11-29 15:59:59 |
| Year High | 14.63 | Year High Date | 2018-03-06 |
| Year Low | 12.62 | Year Low Date | 2018-11-29 |
| 52wk High | 12.81 | 52wk High Date | 2023-09-13 |
| 52wk Low | 11.11 | 52wk Low Date | 2023-03-20 |
| Year End Close | 15.15 | Average Volume | 120,405 |
| Shares Outstanding | 18,134 | Market Cap | 463M |
| Assets | 602,433,675M | Liabilities | 151,246,157M |
| P/E Ratio | 14.2738 | Beta | -0.72000000 |
| Volatility | 7.68 |