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Stock Trend Analysis Report

Prepared for you on Saturday, June 3, 2023.

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

Bear Market Rally (-75) - GBAB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBAB as it may be in the beginning of a reversal.

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
16.5200 16.5200 16.2905 16.3700 +0.0600
Entry Signal

MarketClub’s Trade Triangles for GBAB

long term down The long-term trend has been DOWN since May 18th, 2023 at 16.4800

intermediate term down The intermediate-term trend has been DOWN since May 15th, 2023 at 16.6201

short term up The short-term trend has been UP since May 31st, 2023 at 16.2300

Smart Scan Analysis for GBAB

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

-75
Smart Scan Analysis for GBAB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.5200 16.5200 16.2905 16.3700 +0.0600
Prev. Close Volume Bid Ask Time
16.3700 42403 2023-06-02 16:00:00
Year High23.0678Year High Date2018-01-08
Year Low19.91Year Low Date2018-11-16
52wk High19.562852wk High Date2022-06-02
52wk Low14.952wk Low Date2022-10-14
Year End Close22.92Average Volume47,574
Shares Outstanding17,413Market Cap430M
Assets570,655,054MLiabilities169,532,714M
P/E Ratio15.3361Volatility13.32
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