ACP abrdn Income Credit Strategies Fund Forecast, Technical & Fundamental Analysis
abrdn Income Credit Strategies Fund is a diversified, closed-end management investment company... Show more
ACP sees its 50-day moving average cross bullishly above its 200-day moving average
The 50-day moving average for ACP moved above the 200-day moving average on July 02, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on July 25, 2025. You may want to consider a long position or call options on ACP as a result. In of 84 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ACP advanced for three days, in of 337 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 378 cases where ACP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
The Moving Average Convergence Divergence Histogram (MACD) for ACP turned negative on July 15, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 41 similar instances when the indicator turned negative. In of the 41 cases the stock turned lower in the days that followed. This puts the odds of success at .
ACP broke above its upper Bollinger Band on July 25, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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General Information
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ACP and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, ACP has been loosely correlated with USHY. These tickers have moved in lockstep 62% of the time. This A.I.-generated data suggests there is some statistical probability that if ACP jumps, then USHY could also see price increases.
| Ticker / NAME | Correlation To ACP | 1D Price Change % | ||
|---|---|---|---|---|
| ACP | 100% | +1.19% | ||
| USHY - ACP | 62% Loosely correlated | +0.08% | ||
| SHYG - ACP | 62% Loosely correlated | +0.05% | ||
| JNK - ACP | 61% Loosely correlated | +0.10% | ||
| HYG - ACP | 59% Loosely correlated | +0.06% | ||
| SPHY - ACP | 59% Loosely correlated | +0.13% |