Tri-Continental Corp. Shares Approach 52-Week High - Market Mover
The shares closed 1.9% below its 52-week high of $33.52, with trading volume higher than its 30 day average
Jan 13, 2022 by Kwhen Finance Editors
Tri-Continental Corp. (TY) shares closed today at 1.9% below its 52 week high of $33.52, giving the company a market cap of $1B. The stock is currently down 1.3% year-to-date, up 25.3% over the past 12 months, and up 104.0% over the past five years. This week, the Dow Jones Industrial Average fell 1.4%, and the S&P 500 fell 1.6%.
Trading Activity
- Trading volume this week was 13.8% 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 above its Bollinger band, indicating it may be overbought.
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. | 0.3 | -1.3 | 25.3 | -1.8 | 28.0 |
| Dow Jones Industrial Average | 0.1 | -0.2 | 18.9 | -1.6 | 23.8 |
| S&P 500 Index | 0.3 | -1.1 | 25.7 | -1.7 | 29.8 |
| Technology Industry | -1.5 | 10.2 | -64.7 | -67.8 | 12.9 |
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