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Stock Trend Analysis Report

Prepared for you on Thursday, May 23, 2024.

Blackrock Floating Rate Income Strategies Fund Inc (NYSE:FRA)

Bull Market Weakness (+75) - FRA is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FRA as it may be in the beginning stages of a reversal.

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.

NYSE_FRA
Open High Low FRA Price Change
13.220 13.240 13.145 13.160 -0.050
Entry Signal

MarketClub’s Trade Triangles for FRA

long term up The long-term trend has been UP since Jan 2nd, 2024 at 12.735

intermediate term up The intermediate-term trend has been UP since May 7th, 2024 at 13.205

short term down The short-term trend has been DOWN since May 23rd, 2024 at 13.150

Smart Scan Analysis for FRA

Based on our trend formula, FRA is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for FRA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.220 13.240 13.145 13.160 -0.050
Prev. Close Volume Bid Ask Time
13.210 73875 2024-05-23 15:59:54
Year High14.63Year High Date2018-03-06
Year Low12.62Year Low Date2018-11-29
52wk High13.339952wk High Date2024-05-13
52wk Low11.4352wk Low Date2023-05-25
Year End Close15.15Average Volume124,162
Shares Outstanding18,134Market Cap463M
Assets623,003,593MLiabilities155,668,086M
P/E Ratio14.4405Beta-0.72000000
Volatility7.68
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