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Stock Trend Analysis Report

Prepared for you on Sunday, October 24, 2021.

Virtus AllianzGI Equity & Convertible Income Fund Common Shares of Beneficial Interest (NYSE:NIE)

Sidelines Mode (+55) - NIE 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 NIE?

MarketClub looks at technical strength and momentum to determine if the timing is right for NIE.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_NIE
Open High Low NIE Price Change
30.54 30.60 30.42 30.50 -0.04
Entry Signal

MarketClub’s Trade Triangles for NIE

long term down The long-term trend has been DOWN since Oct 1st, 2021 at 29.38

intermediate term up The intermediate-term trend has been UP since Oct 19th, 2021 at 30.47

short term down The short-term trend has been DOWN since Oct 22nd, 2021 at 30.47

Smart Scan Analysis for NIE

Based on our trend formula, NIE is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for NIE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.54 30.60 30.42 30.50 -0.04
Prev. Close Volume Bid Ask Time
30.50 59311 2021-10-22 16:00:00
Year High23.96Year High Date2018-09-13
Year Low19.29Year Low Date2018-10-29
52wk High30.9152wk High Date2021-09-09
52wk Low23.7652wk Low Date2020-10-30
Year End Close16.64Average Volume51,719
Shares Outstanding22,304Market Cap610M
Assets941,071,000MLiabilities11,769,000M
P/E Ratio509Beta1.52
Volatility25.1
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