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Stock Trend Analysis Report
Prepared for you on Wednesday, April 17, 2024.
Western Asset Global Corporate Defined Opportunity Fund Inc. Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO)
Long-Term Downtrend (-90) - GDO is in a strong downtrend that is likely to continue. While GDO 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 GDO?
MarketClub looks at technical strength and momentum to determine if the timing is right for GDO.
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 GDO
The long-term trend has been DOWN since Apr 8th, 2024 at 12.2400
The intermediate-term trend has been DOWN since Jan 16th, 2024 at 12.7000
The short-term trend has been DOWN since Apr 2nd, 2024 at 12.3892
Smart Scan Analysis for GDO
Based on our trend formula, GDO is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.98 | 12.03 | 11.94 | 11.94 | -0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.95 | 24371 | 2024-04-17 15:59:40 |
| Year High | 18.2 | Year High Date | 2018-01-03 |
| Year Low | 14.85 | Year Low Date | 2018-11-27 |
| 52wk High | 13.04 | 52wk High Date | 2023-12-29 |
| 52wk Low | 11.2101 | 52wk Low Date | 2023-10-27 |
| Year End Close | 20.75 | Average Volume | 51,094 |
| Shares Outstanding | 15,321 | Market Cap | 258M |
| Assets | 300,495,897M | Liabilities | 111,669,890M |
| P/E Ratio | 11.1156 | Beta | 0.23 |
| Volatility | 7.32 |