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Stock Trend Analysis Report

Prepared for you on Monday, December 11, 2023.

XAI Octagon Floating Rate & Alternative Income Term Trust Common Shares of Beneficial Interest (NYSE:XFLT)

Weak Downtrend (-65) - XFLT is showing signs of a strengthening downtrend. Monitor XFLT as it may be building momentum to the downside.

Is it time to buy, sell, or avoid XFLT?

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

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

NYSE_XFLT
Open High Low XFLT Price Change
7.04 7.04 6.98 7.01 -0.01
Entry Signal

MarketClub’s Trade Triangles for XFLT

long term down The long-term trend has been DOWN since Oct 17th, 2023 at 6.5100

intermediate term down The intermediate-term trend has been DOWN since Nov 21st, 2023 at 6.7905

short term up The short-term trend has been UP since Nov 27th, 2023 at 6.8337

Smart Scan Analysis for XFLT

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

-65
Smart Scan Analysis for XFLT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.04 7.04 6.98 7.01 -0.01
Prev. Close Volume Bid Ask Time
7.02 96157 2023-12-11 10:01:21
Year High10.7727Year High Date2018-07-11
Year Low8.47Year Low Date2018-11-28
52wk High7.240152wk High Date2023-09-11
52wk Low652wk Low Date2023-03-20
Average Volume279,827Shares Outstanding13,649
Market Cap75MAssets441,234,794M
Liabilities194,426,010MP/E Ratio9.1842
Volatility13.89
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