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Stock Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

SPDR Bloomberg Convertible Securities ETF (PACF:CWB)

Bear Market Rally (-75) - CWB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CWB as it may be in the beginning of a reversal.

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

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

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

PACF_CWB
Open High Low CWB Price Change
70.760 71.015 70.410 70.605 -0.125
Entry Signal

MarketClub’s Trade Triangles for CWB

long term down The long-term trend has been DOWN since Apr 15th, 2024 at 70.46

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 71.29

short term up The short-term trend has been UP since Apr 23rd, 2024 at 70.46

Smart Scan Analysis for CWB

Based on our trend formula, CWB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for CWB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
70.760 71.015 70.410 70.605 -0.125
Prev. Close Volume Bid Ask Time
70.730 910494 2024-04-24 13:23:20
Year High54.99Year High Date2018-06-20
Year Low48.72Year Low Date2018-10-29
52wk High73.43552wk High Date2024-03-28
52wk Low64.5652wk Low Date2023-10-31
Year End Close40.3Average Volume554,631
Shares Outstanding57,300Assets9,853M
Beta1.08Volatility16.3
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