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Stock Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE:IGI)
Strong Downtrend (-100) - IGI is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, IGI continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid IGI?
MarketClub looks at technical strength and momentum to determine if the timing is right for IGI.
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 IGI
The long-term trend has been DOWN since Apr 10th, 2024 at 16.7835
The intermediate-term trend has been DOWN since Apr 4th, 2024 at 17.0500
The short-term trend has been DOWN since Apr 24th, 2024 at 16.5900
Smart Scan Analysis for IGI
Based on our trend formula, IGI is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.5800 | 16.6800 | 16.5482 | 16.5600 | -0.0400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.5600 | 17748 | 2024-04-25 15:50:19 |
| Year High | 23.67 | Year High Date | 2018-03-15 |
| Year Low | 17.68 | Year Low Date | 2018-11-27 |
| 52wk High | 17.79 | 52wk High Date | 2024-01-02 |
| 52wk Low | 15.1272 | 52wk Low Date | 2023-10-25 |
| Year End Close | 23.05 | Average Volume | 14,330 |
| Shares Outstanding | 10,740 | Market Cap | 231M |
| Assets | 188,738,990M | Liabilities | 1,789,368M |
| P/E Ratio | 20.8846 | Beta | 0.94 |
| Volatility | 12.68 |