RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
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LMP Capital and Income Fund Inc stock price ended at $15.64 on Thursday, after gaining 1.23%.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Feb 01, 2024 Gain 12.76% PDF

The LMP Capital and Income Fund Inc stock price gained 1.23% on the last trading day (Thursday, 28th Mar 2024), rising from $15.45 to $15.64. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.65% from a day low at $15.49 to a day high of $15.75. The price has risen in 6 of the last 10 days and is up by 5.82% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 32 thousand more shares were traded than the day before. In total, 97 thousand shares were bought and sold for approximately $1.51 million.

The stock has broken the narrow and strong rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at $15.17, a level that may pose a second chance to hit a runner. According to fan-theory $15.67 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

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SCD Signals & Forecast

The LMP Capital and Income Fund Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $15.22 and $14.53. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, February 21, 2024, and so far it has risen 11.32%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for LMP Capital and Income Fund Inc stock

On the downside, the stock finds support just below today's level from accumulated volume at $13.86 and $13.73. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, LMP Capital and Income Fund Inc finds support just below today's level at $13.86. If this is broken, then the next support from accumulated volume will be at $13.73 and $13.68.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.255 (1.65%) between high and low. For the last week, the stock has had daily average volatility of 2.38%.

The LMP Capital and Income Fund Inc stock is extremely overbought on RSI14 (82). Normally this may pose a good selling opportunity but since the stock has broken the trend up, the chance for a major correction due to high RSI is very small as the stock will find support at the trend broken.

Our recommended stop-loss: $15.01 (-4.00%) (This stock has low daily movements and this gives low risk. The RSI14 is 82 and this increases the risk substantially. There is a buy signal from a pivot bottom found 26 days ago.)

Trading Expectations (SCD) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect LMP Capital and Income Fund Inc to open at $15.63, and during the day (based on 14 day Average True Range), to move between $15.38 and $15.90, which gives a possible trading interval of +/-$0.263 (+/-1.68%) up or down from last closing price. If LMP Capital and Income Fund Inc takes out the full calculated possible swing range there will be an estimated 3.37% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $13.86, some $1.78 (11.38%) from the current price of $15.64, our system finds the risk reward attractive.

Is LMP Capital and Income Fund Inc stock A Buy?

LMP Capital and Income Fund Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for LMP Capital and Income Fund Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$15.63 ( 0.0959%) $15.64

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for SCD

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 15.88 1.53 %
R2 15.78 0.91 %
R1 15.72 0.527 %
Current price: 15.64
Support S1 15.53 -0.719 %
S2 15.47 -1.10 %
S3 15.37 -1.73 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 15.64
Support S1 13.86 -11.38%
S2 13.73 -12.21%
S3 13.68 -12.53%

SCD Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 22, 2024 May 22, 2024 Jun 03, 2024 $0.113 0.723%
2 Feb 20, 2024 Apr 22, 2024 May 01, 2024 $0.113 0.723%
3 Feb 20, 2024 Mar 20, 2024 Apr 01, 2024 $0.113 0.723%
4 Nov 16, 2023 Feb 21, 2024 Mar 01, 2024 $0.113 0.791%
5 Nov 14, 2023 Jan 23, 2024 Feb 01, 2024 $0.113 0.81%

FAQ

What is the symbol for LMP Capital and Income Fund Inc Stock and on which exchange is it traded?
The symbol for LMP Capital and Income Fund Inc is SCD and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell LMP Capital and Income Fund Inc Stock?
LMP Capital and Income Fund Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy LMP Capital and Income Fund Inc Stock?
LMP Capital and Income Fund Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy LMP Capital and Income Fund Inc Stock.

What's the current price of LMP Capital and Income Fund Inc Stock?
As of the end of day on the 2024-03-28, the price of an LMP Capital and Income Fund Inc (SCD) share was $15.64.

What is the 52-week high and low for LMP Capital and Income Fund Inc Stock?
The 52-week high for LMP Capital and Income Fund Inc Stock is $15.87 and the 52-week low is $11.33.

What is the market capitalization of LMP Capital and Income Fund Inc Stock?
As of the 2024-03-28, the market capitalization of LMP Capital and Income Fund Inc is 268.035M.
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About LMP Capital and Income Fund Inc

LMP Capital and Income Fund Inc. is a closed ended balanced mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Clearbridge Investments, LLC, Western Asset Management Company Limited, and Western Asset Management Company. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily inves... SCD Profile

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