Technical Analysis for BGB - Blackstone / GSO Strategic Credit Fund

Grade Last Price % Change Price Change
grade C 14.46 -1.43% -0.21
BGB closed down 1.43 percent on Wednesday, February 20, 2019, on 59 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Up Flat
See historical BGB trend table...

Date Alert Name Type % Chg
Feb 20 Stochastic Sell Signal Bearish 0.00%
Feb 20 Slingshot Bullish Bullish Swing Setup 0.00%
Feb 20 Overbought Stochastic Strength 0.00%
Feb 19 NR7 Range Contraction -1.43%
Feb 19 Overbought Stochastic Strength -1.43%
Feb 19 Up 3 Days in a Row Strength -1.43%
Feb 19 Up 4 Days in a Row Strength -1.43%
Feb 15 Overbought Stochastic Strength -0.82%
Feb 15 Up 3 Days in a Row Strength -0.82%
Feb 14 Pocket Pivot Bullish Swing Setup 0.07%

Older signals for BGB ...

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Profile
The Fund will seek to achieve its investment objectives by investing primarily in a diversified portfolio of loans and other fixed income instruments of predominantly U.S. corporate issuers, including first- and second-lien secured loans (''Senior Secured Loans'') and high yield corporate bonds of varying maturities. Under normal market conditions, at least 80% of the Fund's Managed Assets (as defined below) will be invested in credit investments comprised of corporate fixed income instruments and other investments (including derivatives) with similar economic characteristics. ''Managed Assets'' means the Fund's net assets plus any borrowing for investment purposes, including effective leverage (as defined below) and traditional leverage (as defined below). The fixed income instruments the Fund will invest in will typically be rated below investment grade or, if unrated, are considered by GSO / Blackstone Debt Funds Management LLC (the ''Adviser''), the Fund's investment adviser, to be of comparable quality. Fixed income instruments that are rated below investment grade (commonly referred to as ''high yield'' or ''junk'' instruments) are regarded as having predominantly speculative characteristics with respect to the issuer's capacity to pay interest and repay principal.
Banking Bond Mutual Fund United States Housing Bubble High Yield Debt Collateralized Debt Obligation Leverage
Is BGB a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 1 bullish, 1 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 16.21
52 Week Low 13.031
Average Volume 274,494
200-Day Moving Average 15.2714
50-Day Moving Average 14.065
20-Day Moving Average 14.2855
10-Day Moving Average 14.446
Average True Range 0.1594
ADX 18.36
+DI 28.1316
-DI 22.3188
Chandelier Exit (Long, 3 ATRs ) 14.2218
Chandelier Exit (Short, 3 ATRs ) 14.2882
Upper Bollinger Band 14.7183
Lower Bollinger Band 13.8527
Percent B (%b) 0.7
BandWidth 6.059291
MACD Line 0.1216
MACD Signal Line 0.0966
MACD Histogram 0.0251
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 14.75
Resistance 3 (R3) 14.77 14.69 14.70
Resistance 2 (R2) 14.69 14.62 14.68 14.68
Resistance 1 (R1) 14.58 14.58 14.54 14.56 14.67
Pivot Point 14.50 14.50 14.49 14.49 14.50
Support 1 (S1) 14.39 14.43 14.35 14.37 14.25
Support 2 (S2) 14.31 14.39 14.30 14.24
Support 3 (S3) 14.20 14.31 14.22
Support 4 (S4) 14.18