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Stock Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Saba Closed-End Funds ETF (BATS:CEFS)
Sidelines Mode (+55) - CEFS 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 CEFS?
MarketClub looks at technical strength and momentum to determine if the timing is right for CEFS.
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 CEFS
The long-term trend has been UP since Dec 1st, 2023 at 18.635
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 19.930
The short-term trend has been UP since Apr 23rd, 2024 at 19.840
Smart Scan Analysis for CEFS
Based on our trend formula, CEFS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.695 | 19.870 | 19.695 | 19.850 | +0.050 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.720 | 66738 | 2024-04-24 15:59:52 |
| Year High | 23 | Year High Date | 2018-01-29 |
| Year Low | 18.36 | Year Low Date | 2018-11-28 |
| 52wk High | 20.67 | 52wk High Date | 2024-04-01 |
| 52wk Low | 16.54 | 52wk Low Date | 2023-10-30 |
| Average Volume | 46,691 | Volatility | 10.92 |