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Stock Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Common Shares of Beneficial Interest (NYSE:GBAB)

Long-Term Downtrend (-90) - GBAB is in a strong downtrend that is likely to continue. While GBAB 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 GBAB?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBAB.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_GBAB
Open High Low GBAB Price Change
15.65 15.73 15.51 15.65 -0.04
Entry Signal

MarketClub’s Trade Triangles for GBAB

long term down The long-term trend has been DOWN since Apr 1st, 2024 at 16.035

intermediate term down The intermediate-term trend has been DOWN since Apr 1st, 2024 at 16.220

short term down The short-term trend has been DOWN since Apr 9th, 2024 at 16.180

Smart Scan Analysis for GBAB

Based on our trend formula, GBAB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for GBAB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.65 15.73 15.51 15.65 -0.04
Prev. Close Volume Bid Ask Time
15.69 53483 2024-04-24 15:59:53
Year High23.0678Year High Date2018-01-08
Year Low19.91Year Low Date2018-11-16
52wk High17.3752wk High Date2023-04-28
52wk Low14.2252wk Low Date2023-10-19
Year End Close22.92Average Volume58,183
Shares Outstanding17,413Market Cap430M
Assets570,655,054MLiabilities169,532,714M
P/E Ratio15.3361Volatility13.32
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