Stock Symbol:   

Stoxline Mobile
Home  |  Stock Charts  |  Showcases  |  Stock Ranks  |  Options  |  ETFs  |  Educations  |  Forex Crypto

Abrdn Income Credit Strategies Fund (ACP)

6.81   0.01 (0.15%) 09-27 16:00
Open: 6.8 Pre. Close: 6.8
High: 6.8295 Low: 6.77
Volume: 240,045 Market Cap: 355(M)

Technical analysis

as of: 2023-09-27 4:17:27 PM
Short-term rate:       
Stoxline posted a SELL today, same as yesterday. Downward movement continues.
Mid-term rate:       
Target: Six months: 8.19     One year: 8.37
Support: Support1: 6.77    Support2: 5.63
Resistance: Resistance1: 7.01    Resistance2: 7.17
Pivot: 7.01
Moving Average: MA(5): 6.89     MA(20): 7.01
MA(100): 6.85     MA(250): 6.93
MACD: MACD(12,26): -0.1     Signal(9): 0
Stochastic oscillator: %K(14,3): 6.8     %D(3): 8.2
RSI: RSI(14): 33.9
52-week: High: 8.63  Low: 6.01
Average Vol(K): 3-Month: 273 (K)  10-Days: 243 (K)

Price, moving averages and Bollinger Bands

Price has closed below its short-term moving average. Short-term moving average is currently below mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is BEARISH in short-term; and NEUTRAL in mid-long term.
[ ACP ] has closed below the lower bollinger band by 1.0%. Although price has broken the lower band and a downside breakout is possible; the most likely direction for [ ACP ] is to continue within current trading range. It is unclear right now based on current values. 72.1% wider than normal. The large width of the bands suggest high volatility as compared to its normal range. The bands have been in this wide range for 1 days. This is a sign that the current trend might continue.

Stock Price Prediction

Update at 5:00pm EST
If tomorrow: Open lower Open higher
High: 6.93 - 6.97 6.97 - 7.02
Low: 6.69 - 6.73 6.73 - 6.78
Close: 6.72 - 6.79 6.79 - 6.88

Company Description

Abrdn Income Credit Strategies Fund is a closed-ended fixed income fund launched and managed by Aberdeen Asset Managers Limited. It is co-managed by Aberdeen Standard Investments Inc. The fund invests in fixed income markets across the globe. It seeks to invest primarily in loan and debt instruments. Abrdn Income Credit Strategies Fund was formed on October 12, 2010 and is domiciled in the United States.

Headline News

Tue, 12 Sep 2023
abrdn Income Credit Strategies Fund 5.25% Series A Perpetual ... - Kansas City Star

Wed, 09 Aug 2023
abrdn U.S. Closed-End Funds Announce Distribution Payment Details - Yahoo Finance

Mon, 13 Mar 2023
Delaware Ivy High Income Opportunities Fund announces ... - Business Wire

Thu, 23 Feb 2023
Delaware Ivy High Income Opportunities Fund Announces Final ... - Business Wire

Thu, 22 Dec 2022
abrdn's US Closed-End Funds Announce Closing Date for ... - AccessWire

Wed, 09 Nov 2022
ACP Dividend Announcement $0.1000/Share 11/9/2022 - Dividend Investor

Financial Analysis

Price to Book Value: Neutral
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Price to Earnings: Neutral
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Discounted cash flow: Neutral
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Return on Assets: Neutral
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Return on Equity: Neutral
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Debt to Equity: Neutral
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Free Technical Analysis Charts

Stock Basics & Statistics

Exchange:  NYSE
Sector:  Financial Services
Industry:  Asset Management
Shares Out. 52 (M)
Shares Float 0 (M)
% Held by Insiders 0 (%)
% Held by Institutions 30.6 (%)
Shares Short 264 (K)
Shares Short P.Month 268 (K)

Stock Financials

EPS -0.52
EPS Est Next Qtl 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 7.03
Profit Margin (%) -34.7
Operating Margin (%) 84.3
Return on Assets (ttm) 3.7
Return on Equity (ttm) -3.4
Qtrly Rev. Growth 23.1
Gross Profit (p.s.) 0.54
Sales Per Share 0.61
EBITDA (p.s.) 0
Qtrly Earnings Growth 0
Operating Cash Flow -148 (M)
Levered Free Cash Flow 26 (M)

Stock Valuations

PE Ratio -13.11
PEG Ratio 0
Price to Book value 0.96
Price to Sales 11.13
Price to Cash Flow -2.4

Stock Dividends

Dividend 0.1
Forward Dividend 0
Dividend Yield 1.4%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.
Your Ad Here
StockChart iOS
StoxlineLite iOS
StoxlineLite iOS
OptionCalc iOS
StockChart Android
StoxlineLite Android
StoxlinePro Android
OptionCalc Android
(c) 2006-2022 | Contact us           
Data and information is provided for informational purposes only, and is not intended for trading purposes. Neither nor its data provider shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon. By accessing the web site, a user agrees not to redistribute the information found therein.