Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
XAI Octagon Floating Rate & Alternative Income Term Trust Common Shares of Beneficial Interest (NYSE:XFLT)
Countertrend Up (+85) - XFLT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for XFLT
The long-term trend has been UP since Jul 2nd, 2020 at 5.80
The intermediate-term trend has been UP since Oct 11th, 2021 at 8.81
The short-term trend has been DOWN since Oct 14th, 2021 at 8.70
Smart Scan Analysis for XFLT
Based on our trend formula, XFLT is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.7000 | 8.7999 | 8.6500 | 8.7800 | +0.1000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.6800 | 212354 | 2021-10-18 15:59:53 |
| Year High | 10.7727 | Year High Date | 2018-07-11 |
| Year Low | 8.47 | Year Low Date | 2018-11-28 |
| 52wk High | 9.85 | 52wk High Date | 2021-07-07 |
| 52wk Low | 6.79 | 52wk Low Date | 2020-10-20 |
| Average Volume | 177,543 | Shares Outstanding | 13,649 |
| Market Cap | 75M | Assets | 257,828,685M |
| Liabilities | 113,212,213M | P/E Ratio | 12.2083 |
| Volatility | 13.89 |