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Stock Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Blackrock Floating Rate Income Strategies Fund Inc (NYSE:FRA)
Sidelines Mode (-50) - FRA is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until FRA can gain momentum.
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.
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MarketClub’s Trade Triangles for FRA
The long-term trend has been UP since Jan 2nd, 2024 at 12.7350
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 12.7400
The short-term trend has been DOWN since Apr 25th, 2024 at 13.0332
Smart Scan Analysis for FRA
Based on our trend formula, FRA is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.1200 | 13.1200 | 13.0600 | 13.0699 | +0.0199 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.0500 | 81073 | 2024-04-26 15:59:03 |
| Year High | 14.63 | Year High Date | 2018-03-06 |
| Year Low | 12.62 | Year Low Date | 2018-11-29 |
| 52wk High | 13.22 | 52wk High Date | 2024-04-11 |
| 52wk Low | 11.43 | 52wk Low Date | 2023-05-25 |
| Year End Close | 15.15 | Average Volume | 140,588 |
| Shares Outstanding | 18,134 | Market Cap | 463M |
| Assets | 623,003,593M | Liabilities | 155,668,086M |
| P/E Ratio | 14.4405 | Beta | -0.72000000 |
| Volatility | 7.68 |