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Stock Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

abrdn Asia-Pacific Income Fund, Inc. (AMEX:FAX)

Long-Term Downtrend (-90) - FAX is in a strong downtrend that is likely to continue. While FAX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

AMEX_FAX
Open High Low FAX Price Change
2.5800 2.5950 2.5006 2.5300 -0.0500
Entry Signal

MarketClub’s Trade Triangles for FAX

long term down The long-term trend has been DOWN since Apr 15th, 2024 at 2.60

intermediate term down The intermediate-term trend has been DOWN since Apr 3rd, 2024 at 2.68

short term down The short-term trend has been DOWN since Apr 11th, 2024 at 2.67

Smart Scan Analysis for FAX

Based on our trend formula, FAX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for FAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5800 2.5950 2.5006 2.5300 -0.0500
Prev. Close Volume Bid Ask Time
2.5300 1709324 2024-04-24 15:59:52
Year High5.03Year High Date2018-01-18
Year Low3.91Year Low Date2018-10-29
52wk High2.8452wk High Date2024-01-04
52wk Low2.3352wk Low Date2023-10-27
Year End Close7.74Average Volume919,600
Shares Outstanding264,654Market Cap1,042M
Assets108,054,690MLiabilities374,614,478M
P/E Ratio14.7059Beta0.01
Volatility10.94
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