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Stock Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
Western Asset Global Corporate Defined Opportunity Fund Inc. Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO)
Sidelines Mode (-55) - GDO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GDO?
MarketClub looks at technical strength and momentum to determine if the timing is right for GDO.
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 GDO
The long-term trend has been DOWN since Apr 8th, 2024 at 12.24
The intermediate-term trend has been DOWN since Jan 16th, 2024 at 12.70
The short-term trend has been UP since May 1st, 2024 at 11.97
Smart Scan Analysis for GDO
Based on our trend formula, GDO is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.200 | 12.200 | 12.120 | 12.169 | -0.001 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.150 | 52623 | 2024-05-09 15:59:30 |
| Year High | 18.2 | Year High Date | 2018-01-03 |
| Year Low | 14.85 | Year Low Date | 2018-11-27 |
| 52wk High | 13.04 | 52wk High Date | 2023-12-29 |
| 52wk Low | 11.2101 | 52wk Low Date | 2023-10-27 |
| Year End Close | 20.75 | Average Volume | 48,199 |
| Shares Outstanding | 15,321 | Market Cap | 258M |
| Assets | 300,495,897M | Liabilities | 111,669,890M |
| P/E Ratio | 11.1156 | Beta | 0.23 |
| Volatility | 7.32 |