Tri-Continental Corp. Shares Climb 1.3% Past Previous 52-Week High - Market Mover
The shares rose 1.3% higher than its previous 52-week high of $32.66, with trading volume higher than its 30 day average
Dec 24, 2021 by Kwhen Finance Editors
Tri-Continental Corp. (TY) shares closed 1.3% higher than its previous 52 week high, giving the company a market cap of $1B. The stock is currently up 26.4% year-to-date, up 27.2% over the past 12 months, and up 105.2% over the past five years. This week, the Dow Jones Industrial Average fell 0.5%, and the S&P 500 fell 0.3%.
Trading Activity
- Trading volume this week was 22.9% higher 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
| Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|
| Tri-Continental Corp. | 2.0 | 26.4 | 27.2 | 0.8 | 31.0 |
| Dow Jones Industrial Average | 0.6 | 18.9 | 21.1 | -1.6 | 22.0 |
| S&P 500 Index | 0.6 | 26.8 | 29.1 | -0.7 | 30.2 |
| Technology Industry | -1.7 | -66.7 | -67.4 | -69.6 | 3.3 |
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