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Stock Trend Analysis Report
Prepared for you on Saturday, May 28, 2022.
Western Asset Global Corporate Defined Opportunity Fund Inc. Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO)
Bull Market Weakness (+75) - GDO is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GDO as it may be in the beginning stages of a reversal.
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 Oct 22nd, 2021 at 18.00
The intermediate-term trend has been UP since May 25th, 2022 at 14.43
The short-term trend has been UP since May 24th, 2022 at 14.11
Smart Scan Analysis for GDO
Based on our trend formula, GDO is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.49 | 14.77 | 14.46 | 14.77 | +0.30 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.78 | 58148 | 2022-05-27 15:59:37 |
| Year High | 18.2 | Year High Date | 2018-01-03 |
| Year Low | 14.85 | Year Low Date | 2018-11-27 |
| 52wk High | 18.72 | 52wk High Date | 2021-10-12 |
| 52wk Low | 13.39 | 52wk Low Date | 2022-05-11 |
| Year End Close | 20.75 | Average Volume | 48,423 |
| Shares Outstanding | 15,321 | Market Cap | 258M |
| Assets | 389,467,661M | Liabilities | 119,636,602M |
| P/E Ratio | 13.5234 | Beta | 0.23 |
| Volatility | 7.32 |