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Stock Trend Analysis Report
Prepared for you on Saturday, May 15, 2021.
Wells Fargo Multi-Sector, Income Fund (AMEX:ERC)
Sidelines Mode (+55) - ERC is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for ERC
The long-term trend has been UP since Aug 3rd, 2020 at 11.45
The intermediate-term trend has been UP since Nov 5th, 2020 at 11.26
The short-term trend has been DOWN since May 7th, 2021 at 12.80
Smart Scan Analysis for ERC
Based on our trend formula, ERC is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.6600 | 12.7400 | 12.6333 | 12.6900 | +0.1000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.6900 | 37244 | 2021-05-14 15:59:00 |
| Year High | 13.29 | Year High Date | 2018-01-09 |
| Year Low | 11.15 | Year Low Date | 2018-11-20 |
| 52wk High | 13.63 | 52wk High Date | 2021-05-04 |
| 52wk Low | 9.6059 | 52wk Low Date | 2020-05-14 |
| Year End Close | 16.17 | Average Volume | 93,695 |
| Shares Outstanding | 39,000 | Market Cap | 380M |
| Assets | 497,589,149M | Liabilities | 153,035,660M |
| P/E Ratio | 16.5658 | Beta | 0.06 |
| Volatility | 12.9 |