FCO (AMEX)

FCO AMEX

abrdn Global Income Mutual Fund

STAY LONG

6.3000

Prev.Close

6.2400

Change

+0.0600

Change%

+0.96%

BEARISH ENGULFING

Bought at

5.7800

Open

6.3400

High

6.4000

Low

6.2400

6.3000

Gain%

+9.00%

Signal History

Date	Price	Signal	Change%		$100⇨
04/15	5.7800	BUY	+9.0%	✔	101
04/04	5.9500	SELL	-2.9%	✔	101
04/01	6.0500	BUY	-1.7%	❌	103
03/26	6.0800	SELL	-0.5%	✔	103
03/13	6.0300	BUY	+0.8%	✔	102
03/07	6.0200	SELL	+0.2%	❌	103
03/04	6.0400	BUY	-0.3%	❌	103
02/20	6.0700	SHORT	-0.5%	✔	103
02/18	6.0300	BUY	+0.7%	✔	103
01/28	6.1750	SELL	-2.3%	✔	103
01/13	5.8400	BUY	+5.7%	✔	98
01/07	5.8500	SHORT	-0.2%	✔	98
12/19	5.9000	BUY	-0.8%	❌	99
12/06	5.9500	SHORT	-0.8%	✔	99
12/03	6.0000	BUY	-0.8%	❌	100

† Trade commissions are taken as 0.20%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to STAY LONG. The previous BUY signal was issued on 04/15/2025, 42 days ago, when the stock price was 5.7800. Since then, FCO has risen by +9.00%.

Market Outlook

The market is currently exhibiting uncertainty with a negative bias. There seems to be a lack of consensus among traders. The negative sentiment, however, is increasing, as evident from the latest bearish pattern. Therefore, it's wise to stay vigilant. The share price is still not below the confirmation level and the signal is suggesting to STAY LONG, but the chance of a bearish confirmation that will change the signal to <SELL is quite high. The Delayed Intraday Module is ON. We highly recommend closely monitoring intraday price movements due to the potential downside risks involved.

Pattern Description

This pattern is characterized by a large black candlestick engulfing a preceding smaller white candlestick, which appears during an uptrend. The black candlestick does not necessarily engulf the shadows of the white candlestick but completely engulfs the body itself. This is an important top reversal signal. more...

Date	Price	Signal	Change%		$100⇨
04/15	5.7800	BUY	+9.0%	✔	136
04/04	5.9500	SELL	-2.9%	✔	136
04/01	6.0500	BUY	-1.7%	❌	139
03/26	6.0800	SELL	-0.5%	✔	139
03/13	6.0300	BUY	+0.8%	✔	138
03/07	6.0200	SELL	+0.2%	❌	139
03/04	6.0400	BUY	-0.3%	❌	139
02/20	6.0700	SHORT	-0.5%	✔	139
02/18	6.0300	BUY	+0.7%	✔	139
01/28	6.1750	SELL	-2.3%	✔	139
01/13	5.8400	BUY	+5.7%	✔	132
01/07	5.8500	SHORT	-0.2%	✔	132
12/19	5.9000	BUY	-0.8%	❌	134
12/06	5.9500	SHORT	-0.8%	✔	133
12/03	6.0000	BUY	-0.8%	❌	135
11/12	6.0000	SHORT	0.0%	❌	135
11/01	5.8900	BUY	+1.9%	✔	134
10/22	6.1300	SELL	-3.9%	✔	134
10/15	6.0600	BUY	+1.2%	✔	133
10/10	6.0100	SELL	+0.8%	❌	133
09/18	5.8900	BUY	+2.0%	✔	130
09/09	5.8500	SELL	+0.7%	❌	131
08/29	5.7930	BUY	+1.0%	✔	130
08/23	5.8000	SELL	-0.1%	✔	130
08/15	5.7100	BUY	+1.6%	✔	128
08/08	5.8700	SHORT	-2.7%	✔	125
07/31	5.9600	BUY	-1.5%	❌	128
07/25	6.1075	SELL	-2.4%	✔	128
07/02	5.8600	BUY	+4.2%	✔	123
06/24	5.7800	SHORT	+1.4%	❌	125
06/03	5.5800	BUY	+3.6%	✔	121
05/22	5.8800	SELL	-5.1%	✔	122
05/03	5.5800	BUY	+5.4%	✔	116
04/30	5.5000	SELL	+1.5%	❌	116
04/26	5.5400	BUY	-0.7%	❌	117
04/22	5.4300	SELL	+2.0%	❌	117
03/28	5.4300	BUY	0.0%	❌	117
03/25	5.2900	SHORT	+2.6%	❌	121
03/18	5.3900	BUY	-1.9%	❌	124
03/05	5.5500	SELL	-2.9%	✔	124