[NEUTRAL]: Neither buyer or seller are in control at the close of the market for Franklin Street Properties. There has been 4 consecutive days of prices closing in the middle part of the trading range for FSP showing a lack of direction in the first timeframe & highlights the lack of commitment from both the buyers & sellers. Over the last 12 months there has been 250 trading days with the closing price in the middle part of the range giving a confirmation ratio of 95.1%. Over the last month there has been 1 trading day with the closing price in the middle range giving a confirmation ratio of 12.5%. Currently this quarter, closing price has spent 1 day in the middle price range giving a ratio of 0.1x.
Where the closing price fall within the day’s trading range highlights whether are in control.
[Calculations] Close Today Versus Range Today (CTRT):
1) When the closing price is near the high of the day buyers were in control at the close of the trading session;
2) When the closing price is near the low of the day sellers were in control at the close of the trading session;
3) When the closing price is near the middle of the day’s range where neither the buyers or sellers were in control at the close of the trading session;
Close Today Versus Range TodayDownload
|Company||Close||Close Change (%)||Volume||Value||Signal|
|SMTS Sierra Metals||2.56||1.2||19,500||0||NEUTRAL|
|PTN Palatin Technologies||1.02||1||936,400||0||NEUTRAL|
|LTS Ladenburg Thalmann Financial Services||3.51||0.9||79,800||0||NEUTRAL|
|FAX Aberdeen Asia-Pacific Income Fund||4.37||0.5||343,100||0||NEUTRAL|
|GLO Clough Global Opportunities Fund||11.13||0.5||141,269||0||NEUTRAL|
|NAK Northern Dynasty Minerals||0.51||0.2||957,710||0||NEUTRAL|