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Stock Trend Analysis Report

Prepared for you on Monday, March 27, 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.

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NYSE_FRA
Open High Low FRA Price Change
11.3600 11.3900 11.3300 11.3514 +0.0714
Entry Signal

MarketClub’s Trade Triangles for FRA

long term down The long-term trend has been DOWN since Mar 17th, 2023 at 11.18

intermediate term down The intermediate-term trend has been DOWN since Feb 22nd, 2023 at 11.75

short term down The short-term trend has been DOWN since Mar 24th, 2023 at 11.33

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).

-90
Smart Scan Analysis for FRA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.3600 11.3900 11.3300 11.3514 +0.0714
Prev. Close Volume Bid Ask Time
11.2800 64702 2023-03-27 15:56:37
Year High14.63Year High Date2018-03-06
Year Low12.62Year Low Date2018-11-29
52wk High14.1552wk High Date2022-04-01
52wk Low10.9252wk Low Date2022-10-13
Year End Close15.15Average Volume177,083
Shares Outstanding18,134Market Cap463M
Assets651,319,847MLiabilities212,212,790M
P/E Ratio17Beta-0.72000000
Volatility7.68
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