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Aberdeen Emerging Markets Equity Income Fund (AEF) – sideways & breakout history

NYSE

Aberdeen Emerging Markets Equity Income Fund has been moving sideways between $4.40 and $5.52 since 11 Feb 2024.

Since 2019, NasdaqScan has found 3 sideways ranges in AEF. Completed ranges lasted 837 days on average, from 735 to 938 days. Of those 2, 1 broke upward and 1 broke downward. The current range is 25% wide from low to high. NasdaqScan detected one breakout pattern in Aberdeen Emerging Markets Equity Income Fund, on 4 Sept 2022 after 714 days of sideways movement.

Charts are only kept for recent breakouts, so there is no chart for this signal.

Sideways ranges

RangeFormedEndedHow it endedBreakout signals
$4.40 – $5.5211 Feb 2024Still sideways——
$6.2084 – $9.1519 Sept 202114 Apr 2024 (938 days)Broke below the range at $5.244 Sept 2022 (Go ahead)
$6.2282 – $7.55516 Oct 201910 Oct 2021 (735 days)Broke above the range at $8.02—

Breakout patterns detected

  • 4 Sept 2022: breakout from a sideways range after 714 days (Go ahead)

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.

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