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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Western Asset Global Corporate Defined Opportunity Fund Inc. Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO)
Countertrend Up (+85) - GDO is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Jul 17th, 2024 at 12.54
The intermediate-term trend has been UP since Jul 15th, 2024 at 12.47
The short-term trend has been DOWN since Jul 24th, 2024 at 12.53
Smart Scan Analysis for GDO
Based on our trend formula, GDO is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.4100 | 12.5000 | 12.4001 | 12.4600 | +0.0800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.3800 | 18983 | 2024-07-26 15:59:50 |
| 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 | 52,936 |
| 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 |