Tri-Continental Corporation (NYSE:TY) shares saw the needle move -1.40% on the week. The stock closed the most recent session at $24.60 after seeing 85027 shares trade hands. This represents a change of 2.03% from the opening.
Let’s take a look at how the stock has been performing recently. Year to date Tri-Continental Corporation (NYSE:TY) is 11.56%, 3.45% over the last quarter, and 6.72% for the past six months.
Over the past 50 days, Tri-Continental Corporation stock’s -2.07% off of the high and 2.80% removed from the low. Their 52-Week High and Low are noted here. -2.07% (High), 19.42%, (Low).
Technical analysts have little regard for the value of a company. They use historic price data to observe stock price patterns to predict the direction of that price going forward. Analysts use common formulas and ratios to accomplish this.
Tri-Continental Corporation (NYSE:TY)’s RSI (Relative Strength Index) is 44.16. RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions.
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