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Stock Trend Analysis Report

Prepared for you on Sunday, May 26, 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.

NYSE_GDO
Open High Low GDO Price Change
12.28 12.36 12.28 12.30 +0.07
Entry Signal

MarketClub’s Trade Triangles for GDO

long term down The long-term trend has been DOWN since Apr 8th, 2024 at 12.2400

intermediate term up The intermediate-term trend has been UP since May 14th, 2024 at 12.2200

short term down The short-term trend has been DOWN since May 22nd, 2024 at 12.2862

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).

-55
Smart Scan Analysis for GDO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.28 12.36 12.28 12.30 +0.07
Prev. Close Volume Bid Ask Time
12.30 24232 2024-05-24 15:55:00
Year High18.2Year High Date2018-01-03
Year Low14.85Year Low Date2018-11-27
52wk High13.0452wk High Date2023-12-29
52wk Low11.210152wk Low Date2023-10-27
Year End Close20.75Average Volume59,019
Shares Outstanding15,321Market Cap258M
Assets300,495,897MLiabilities111,669,890M
P/E Ratio11.1156Beta0.23
Volatility7.32
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