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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Saba Capital Income & Opportunities Fund II Shares of Beneficial Interest (NYSE:SABA)
Sidelines Mode (+55) - SABA 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 SABA?
MarketClub looks at technical strength and momentum to determine if the timing is right for SABA.
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 SABA
The long-term trend has been DOWN since Mar 1st, 2024 at 3.7500
The intermediate-term trend has been UP since May 1st, 2024 at 3.7900
The short-term trend has been DOWN since May 8th, 2024 at 3.8289
Smart Scan Analysis for SABA
Based on our trend formula, SABA is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.850 | 3.860 | 3.820 | 3.845 | +0.004 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.841 | 228367 | 2024-05-08 15:59:25 |
| 52wk High | 4.35 | 52wk High Date | 2023-07-18 |
| 52wk Low | 3.64 | 52wk Low Date | 2024-03-01 |
| Average Volume | 295,081 | Shares Outstanding | 129,507 |