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Mutual Trend Analysis Report
Prepared for you on Thursday, May 16, 2024.
CORNERSTONE STRATEGIC VALUE FUND INC. (NASDAQ:XCLMX)
Sidelines Mode (+50) - XCLMX is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until XCLMX can gain momentum.
Is it time to buy, sell, or avoid XCLMX?
MarketClub looks at technical strength and momentum to determine if the timing is right for XCLMX.
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 XCLMX
The long-term trend has been DOWN since Sep 22nd, 2023 at 6.70
The intermediate-term trend has been UP since Nov 3rd, 2023 at 6.41
The short-term trend has been UP since Nov 3rd, 2023 at 6.25
Smart Scan Analysis for XCLMX
Based on our trend formula, XCLMX is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.87 | 6.87 | 6.87 | 7.00 | +0.13 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.87 | 0 | 7.00 | 2024-05-10 20:00:00 |
| 52wk High | 7.13 | 52wk High Date | 2023-07-31 |
| 52wk Low | 6.09 | 52wk Low Date | 2023-10-27 |
| Year End Close | 6.77 |