Technical Analysis for WEA - Western Asset Bond Fund Share of Beneficial Interest

Grade Last Price % Change Price Change
B 10.82 0.19% 0.02
WEA closed up 0.19 percent on Monday, May 6, 2024, on 20 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
0 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Doji - Bearish? Reversal 0.19%
Gapped Up Strength 0.19%
Overbought Stochastic Strength 0.19%
Up 3 Days in a Row Strength 0.19%
Outside Day Range Expansion 0.74%

   Recent Intraday Alerts

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Western Asset Bond Fund Share of Beneficial Interest Description

Western Asset Premier Bond Fund is a close ended fixed income mutual fund launched and managed by Western Asset Management Company. The fund is co-managed by Western Asset Management Company Limited, Western Asset Management Company Pte. Ltd and Western Asset Management Company Ltd. It invests in the fixed income markets of the United States. The fund seeks to invest in investment grade bonds, including corporate bonds, U.S. government and agency securities and mortgage related securities. It seeks to maintain an average duration of around two to three years with an average credit quality of BBB. The fund benchmarks the performance of its portfolio against the Barclays Capital U.S. Corporate High Yield Index and the Barclays Capital U.S. Credit Index. Western Asset Premier Bond Fund was formed on March 28, 2002 and is domiciled in the United States.


Classification

Keywords: Exchange Traded Fund ETF Bond Mutual Fund Bond Market Fixed Income High Yield Debt U.S. Government Bond Fund Western Asset Management Company

Is WEA a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 11.0822
52 Week Low 9.2334
Average Volume 56,941
200-Day Moving Average 10.34
50-Day Moving Average 10.59
20-Day Moving Average 10.63
10-Day Moving Average 10.73
Average True Range 0.09
RSI (14) 65.28
ADX 13.8
+DI 27.15
-DI 18.20
Chandelier Exit (Long, 3 ATRs) 10.56
Chandelier Exit (Short, 3 ATRs) 10.64
Upper Bollinger Bands 10.87
Lower Bollinger Band 10.39
Percent B (%b) 0.9
BandWidth 4.55
MACD Line 0.06
MACD Signal Line 0.03
MACD Histogram 0.0244
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.85
Resistance 3 (R3) 10.85 10.84 10.85
Resistance 2 (R2) 10.84 10.83 10.84 10.84
Resistance 1 (R1) 10.83 10.83 10.84 10.83 10.84
Pivot Point 10.82 10.82 10.82 10.82 10.82
Support 1 (S1) 10.81 10.81 10.82 10.81 10.80
Support 2 (S2) 10.80 10.81 10.80 10.80
Support 3 (S3) 10.79 10.80 10.80
Support 4 (S4) 10.79