We assign a technical rating of 4 out of 10 to FCO. In the past year, FCO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, FCO is a bad performer in the overall market: 87% of all stocks are doing better.
- FCO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month FCO has a been trading in the 2.86 - 3.16 range, which is quite wide. It is currently trading near the high of this range.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Volume is considerably higher in the last couple of days.
FCO has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.75
When analyzing the support we notice one important area.
- A support zone ranging from 2.78 to 2.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 3.13 to 3.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for FCO is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FCO is up. |
| ChartMill Relative Strength | 13.76 | NEGATIVE | FCO has a low relative strength, it was outperformed by 86.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FCO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FCO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FCO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.75 | NEUTRAL | The RSI value for FCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests FCO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.59 | OVERBOUGHT | The high Stochastics value suggests FCO may be overbought. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for FCO suggests some volalility. |
| Average Directional Index/ADX (14) | 16.63 | NEGATIVE | The low ADX value for FCO suggests a weak or negative trend. |
NYSEARCA:FCO (1/26/2026, 4:20:50 PM)
3.12
-0.02 (-0.64%)
ABRDN GLOBAL INCOME FUND INC / FCO FAQ
Can you provide the ChartMill technical rating for ABRDN GLOBAL INCOME FUND INC?
ChartMill assigns a technical rating of 4 / 10 to FCO.
What is the trend direction for FCO stock?
The current trend direction for ABRDN GLOBAL INCOME FUND INC (FCO) is Bearish.
Can you provide the RSI signal for ABRDN GLOBAL INCOME FUND INC?
ABRDN GLOBAL INCOME FUND INC (FCO) has an RSI value of 64.753. This indicates that the stock is currently neutral.
What is the MACD signal for ABRDN GLOBAL INCOME FUND INC (FCO) stock?
The MACD indicator for ABRDN GLOBAL INCOME FUND INC (FCO) has a value of 0.0211973, indicating a bearish trend.
What is the buy/sell signal for FCO stock?
The buy/sell signal for ABRDN GLOBAL INCOME FUND INC (FCO) is hold as the short term and long term trends are mixed.