Free Daily Analysis
Mutual Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
XAI OCTAGON FLOATING RATE ALTERNATIVE INCOME TERM TRUST (NASDAQ:XFLTX)
Weak Downtrend (-65) - XFLTX is showing signs of a strengthening downtrend. Monitor XFLTX as it may be building momentum to the downside.
Is it time to buy, sell, or avoid XFLTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for XFLTX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for XFLTX
The long-term trend has been UP since Dec 22nd, 2023 at 6.84
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 6.90
The short-term trend has been DOWN since Apr 5th, 2024 at 6.94
Smart Scan Analysis for XFLTX
Based on our trend formula, XFLTX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.85 | 6.85 | 6.85 | 6.81 | -0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.83 | 0 | 6.84 | 2024-04-16 20:00:00 |
| 52wk High | 6.97 | 52wk High Date | 2024-03-13 |
| 52wk Low | 6.19 | 52wk Low Date | 2023-05-31 |
| Year End Close | 9.71 | Shares Outstanding | 13,649 |
| Assets | 441,234,794M | Liabilities | 194,426,010M |
| P/E Ratio | 7.2 | Payment Date | 2022-11-01 |
Get a free daily analysis and signals for XAI OCTAGON FLOATING RATE ALTERNATIVE INCOME TERM TRUST (XFLTX) - Request Your Free Report.