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Stock Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Virtus Equity & Convertible Income Fund Common Shares of Beneficial Interest (NYSE:NIE)
Crossroads (-60) - NIE is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NIE?
MarketClub looks at technical strength and momentum to determine if the timing is right for NIE.
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 NIE
The long-term trend has been UP since Jan 11th, 2024 at 21.26
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 22.06
The short-term trend has been DOWN since Apr 10th, 2024 at 22.20
Smart Scan Analysis for NIE
Based on our trend formula, NIE is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 21.67 | 21.77 | 21.66 | 21.73 | +0.06 |
| Prev. Close | Volume | Bid | Ask | Time |
| 21.67 | 13144 | 2024-04-18 10:49:10 |
| Year High | 23.96 | Year High Date | 2018-09-13 |
| Year Low | 19.29 | Year Low Date | 2018-10-29 |
| 52wk High | 22.795 | 52wk High Date | 2024-04-08 |
| 52wk Low | 18.615 | 52wk Low Date | 2023-10-27 |
| Year End Close | 16.64 | Average Volume | 75,832 |
| Shares Outstanding | 22,304 | Market Cap | 610M |
| Assets | 671,835,000M | Liabilities | 11,858,000M |
| P/E Ratio | 191.4546 | Beta | 1.52 |
| Volatility | 25.1 |