Tri-Continental Corp. (TY) shares closed today at 0.7% below its 52 week high of $33.32, giving the company a market cap of $1B. The stock is currently up 30.0% year-to-date, up 29.4% over the past 12 months, and up 110.0% over the past five years. This week, the Dow Jones Industrial Average rose 3.9%, and the S&P 500 rose 4.9%.

Trading Activity

  • Trading volume this week was 3.1% lower than the 20-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 0.7.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was between 30 and 70.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Market Comparative Performance

  • The company’s share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis
  • The company’s share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Source: Nasdaq

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