Wells Fargo Advantage (EAD) |
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8.41 -0.15 (-1.75%)
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01-21 17:39 |
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Open: |
8.56 |
Pre. Close: |
8.56 |
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High:
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8.57 |
Low:
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8.3699 |
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Volume:
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317,293 |
Market Cap:
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510M |
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Wells Fargo Advantage Funds - Allspring Income Opportunities Fund is a closed-ended fixed income mutual fund launched and managed by Wells Fargo Funds Management, LLC. It is co-managed by Wells Capital Management Incorporated. The fund invests in the fixed income markets of the United States. It primarily invests in below investment grade debt securities, high-yield debt securities, loans and preferred stocks rated Ba or lower by Moody's Investors Service, Inc. or BB or lower by Standard & Poor's Ratings Group. The fund benchmarks the performance of its portfolio against Merrill Lynch High Yield Index. Wells Fargo Advantage Funds - Allspring Income Opportunities Fund was formed on February 26, 2003 and is domiciled in the United States. |
Stock Price Prediction |
Update at 5:00pm EST |
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If tomorrow:
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Open lower
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Open higher
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High:
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8.626 - 8.709 |
8.709 - 8.759 |
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Low:
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8.193 - 8.302 |
8.302 - 8.368 |
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Close:
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8.286 - 8.462 |
8.462 - 8.568 |
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Technical analysis |
as of: 2022-01-21 4:26:07 PM |
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Overall:
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 |
| Stoxline posted a SELL today, same as yesterday. Downward movement continues. |
| Target: |
Six months: 10.39  One year: 10.77 |
| Support: |
Support1: 8.37 Support2: 6.96 |
| Resistance: |
Resistance1: 8.90 Resistance2: 9.22 |
| Pivot: |
8.79 |
| Moving Average: |
MA(5): 8.58 MA(20): 8.80
MA(100): 8.87 MA(250): 8.72  |
| MACD: |
MACD(12,26): -0.06 Signal(9): -0.02 |
| Stochastic oscillator: |
%K(14,3): 4.47 %D(3): 4.27 |
| RSI: |
RSI(14): 31.62 |
| 52-week: |
High: 9.22 Low: 8.06 Change(%): 3.2 |
| Average Vol(K): |
3-Month: 178 10-Days: 182 |
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Price, moving averages and Bollinger Bands |
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Price and moving averages has closed below its Short term moving average. Short term moving average is currently below mid-term; AND below long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BEARISH in short-term; and BEARISH in mid-long term.EAD has closed below the lower band by 1.5%. Although price has broken the lower band and a downside breakout is possible; the most likely direction for Wells Fargo Advantage is to continue within current trading range. It is unclear right now based on current numbers. 138.3% wider than normal. The large width of the bands suggest high volatility as compared to Wells Fargo Advantage's normal range. The bands have been in this wide range for 4 bars. This is a sign that the current trend might continue. |
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Headline News |
Sun, 28 Nov 2021
CEF Weekly Market Review: Mind Your CEF Expenses - Seeking Alpha
Fri, 12 Nov 2021
Wells Fargo Closed-End Funds Declare Monthly and Quarterly Distributions - PRNewswire
Mon, 08 Nov 2021
EAD: A High-Yield Play To Overcome Fed Policy - Seeking Alpha
Sat, 09 Oct 2021
CEF Weekly Market Review: A Wobble Of The Three-Legged Stool - Seeking Alpha
Tue, 03 Aug 2021
3 Big Dividends That Could Pay You $3,410 A Month - Forbes
Mon, 26 Jul 2021
Wells Fargo Closed-End Funds Announce Change of Name - Business Wire
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Financial Analysis |
| Growth |
n/a |
| Growth measures the growth of both a company's revenue and net income. it tells investors how fast a company is growing. |
| Profitability |
n/a |
| Profitability measures a company’s ability to generate earnings as compared to its expenses and other relevant costs. |
| Solvency |
n/a |
| Solvency measures a company's ability to meet its long-term debts. Acceptable solvency ratios will vary from industry to industry. |
| Efficiency |
n/a |
| Efficiency measures the strength of a company's return on invested capital. It can identify business that are better managed or not. |
| Price to Book Value: |
Outperform |
Discounted cash flow: |
Outperform |
| Return on Assets: |
Neutral |
Price to Earnings: |
Underperform |
| Return on Equity: |
Underperform |
Debt to Equity: |
Neutral |
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