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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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

Weak Uptrend (+65) - NIE is showing signs of weakening momentum to the upside. Monitor NIE as it may be in the beginning stages of a reversal.

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
24.580 24.750 24.325 24.565 -0.015
Entry Signal

MarketClub’s Trade Triangles for NIE

long term up The long-term trend has been UP since Nov 8th, 2024 at 23.7899

intermediate term down The intermediate-term trend has been DOWN since Dec 18th, 2024 at 24.1500

short term up The short-term trend has been UP since Dec 24th, 2024 at 24.3800

Smart Scan Analysis for NIE

Based on our trend formula, NIE is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for NIE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.580 24.750 24.325 24.565 -0.015
Prev. Close Volume Bid Ask Time
24.580 45224 2024-12-26 15:51:35
Year High23.96Year High Date2018-09-13
Year Low19.29Year Low Date2018-10-29
52wk High25.4452wk High Date2024-12-10
52wk Low20.3952wk Low Date2024-01-03
Year End Close16.64Average Volume60,361
Shares Outstanding22,304Market Cap610M
Assets695,031,000MLiabilities2,044,000M
P/E Ratio191.4546Beta1.52
Volatility25.1
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