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Stock Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

Allspring Multi-Sector Income Fund (AMEX:ERC)

Strong Downtrend (-100) - ERC is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ERC continues to fall. Traders should use caution and set stops.

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

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

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

AMEX_ERC
Open High Low ERC Price Change
8.99 8.99 8.96 8.96 -0.03
Entry Signal

MarketClub’s Trade Triangles for ERC

long term down The long-term trend has been DOWN since Apr 2nd, 2024 at 9.26

intermediate term down The intermediate-term trend has been DOWN since May 29th, 2024 at 8.97

short term down The short-term trend has been DOWN since May 24th, 2024 at 9.02

Smart Scan Analysis for ERC

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

-100
Smart Scan Analysis for ERC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.99 8.99 8.96 8.96 -0.03
Prev. Close Volume Bid Ask Time
8.99 14609 2024-05-29 10:33:33
Year High13.29Year High Date2018-01-09
Year Low11.15Year Low Date2018-11-20
52wk High9.7452wk High Date2023-08-10
52wk Low8.5152wk Low Date2023-10-25
Year End Close16.17Average Volume99,587
Shares Outstanding39,000Market Cap380M
Assets389,721,507MLiabilities124,048,106M
P/E Ratio11.2279Beta0.06
Volatility12.9
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