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Mutual Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
SABA CAPITAL INCOME & OPPORTUNITIES FUND (NASDAQ:XBRWX)
Strong Downtrend (-100) - XBRWX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, XBRWX continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid XBRWX?
MarketClub looks at technical strength and momentum to determine if the timing is right for XBRWX.
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 XBRWX
The long-term trend has been DOWN since Jan 8th, 2024 at 8.15
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 7.96
The short-term trend has been DOWN since Apr 16th, 2024 at 7.97
Smart Scan Analysis for XBRWX
Based on our trend formula, XBRWX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.01 | 8.01 | 8.01 | 7.94 | -0.11 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.90 | 0 | 7.90 | 2024-04-16 20:00:00 |
| 52wk High | 8.77 | 52wk High Date | 2023-04-19 |
| 52wk Low | 7.89 | 52wk Low Date | 2024-02-14 |
| Year End Close | 8.26 | Payment Date | 2023-09-29 |