The volume for XAI Octagon Floating Rate and Alternative Income Trust stock increased for a consecutive 5 days, with an average daily gain of 97%

#Volume, #Bullish, #ETFs
XFLT - XAI Octagon Floating Rate and Alternative Income Trust
Record Volume
Bullish Trend
75%
Odds of UP Trend
Price: $4.6
Daily change: +$0.07 (+1.55%)
Daily volume: 1.4M
Net Assets: $413.4M

The appliance retailer has exhibited record-breaking volumes the past 7 days, with an average daily volume spike of 97% above the expected 65-day average. The -2.13% price change was insignificant, leaving XFLT's price at $4.6. This volume move could indicate a change in trend, and may be a buy signal for investors. A.I.dvisor found 12 similar cases, 9 of which were successful. Based on this data, the odds of success are +75%.