Tri-Continental Corp. Shares Near 52-Week High - Market Mover
The shares closed 1.6% below its 52-week high of $35.80, with trading volume lower than its 30 day average
Nov 29, 2021 by Kwhen Finance Editors
Tri-Continental Corp. (TY) shares closed today at 1.6% below its 52 week high of $35.80, giving the company a market cap of $1B. The stock is currently up 23.2% year-to-date, up 25.7% over the past 12 months, and up 100.8% over the past five years. This week, the Dow Jones Industrial Average fell 1.9%, and the S&P 500 fell 2.1%.
Trading Activity
- Trading volume this week was 0.7% 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 under 30, indicating it may be underbought.
- 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 lags it on a 5-year basis
| Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|
| Tri-Continental Corp. | 0.1 | 23.2 | 25.7 | -1.5 | 27.4 |
| Dow Jones Industrial Average | 0.6 | 15.9 | 18.6 | -3.4 | 21.7 |
| S&P 500 Index | 1.2 | 24.0 | 28.0 | -2.0 | 31.0 |
| Technology Industry | -7.8 | -61.1 | -67.9 | -70.6 | 9.5 |
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