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Mutual Trend Analysis Report

Prepared for you on Sunday, January 29, 2023.

ABERDEEN GLOBAL ABSOLUTE RETURN STRATEGIES FUND CLASS C (NASDAQ:CGBCX)

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

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

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

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

NASDAQ_CGBCX
Open High Low CGBCX Price Change
8.58 8.58 8.58 8.56 -0.02
Entry Signal

MarketClub’s Trade Triangles for CGBCX

long term down The long-term trend has been DOWN since Mar 4th, 2021 at 10.33

intermediate term down The intermediate-term trend has been DOWN since Jan 17th, 2023 at 8.66

short term down The short-term trend has been DOWN since Jan 20th, 2023 at 8.64

Smart Scan Analysis for CGBCX

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

-100
Smart Scan Analysis for CGBCX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.58 8.58 8.58 8.56 -0.02
Prev. Close Volume Bid Ask Time
8.58 0 8.56 8.56 2023-01-27 20:00:00
52wk High9.6352wk High Date2022-02-02
52wk Low8.4152wk Low Date2022-11-23
Year End Close8.72Payment Date2019-12-23
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