
Stock Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
Virtus Equity & Convertible Income Fund Common Shares of Beneficial Interest (NYSE:NIE)
Weak Downtrend (-65) - NIE is showing signs of a strengthening downtrend. Monitor NIE as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for NIE
The long-term trend has been UP since Jun 2nd, 2023 at 20.217
The intermediate-term trend has been DOWN since Aug 8th, 2023 at 21.330
The short-term trend has been DOWN since Sep 21st, 2023 at 20.090
Smart Scan Analysis for NIE
Based on our trend formula, NIE is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Open | High | Low | Price | Change |
---|---|---|---|---|
19.79 | 19.97 | 19.78 | 19.85 | -0.01 |
Prev. Close | Volume | Bid | Ask | Time |
19.86 | 59931 | 2023-09-28 15:59:54 |
Year High | 23.96 | Year High Date | 2018-09-13 |
Year Low | 19.29 | Year Low Date | 2018-10-29 |
52wk High | 22.1684 | 52wk High Date | 2022-12-01 |
52wk Low | 18.02 | 52wk Low Date | 2022-12-29 |
Year End Close | 16.64 | Average Volume | 74,575 |
Shares Outstanding | 22,304 | Market Cap | 610M |
Assets | 625,690,000M | Liabilities | 4,046,000M |
P/E Ratio | 180.5454 | Beta | 1.52 |
Volatility | 25.1 |