Technical Analysis for BGH - Babson Capital Global Short Duration High Yield Fund

Grade Last Price % Change Price Change
grade D 11.66 2.01% 0.23
BGH closed up 2.01 percent on Wednesday, May 27, 2020, on approximately 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 Up
Historical BGH trend table...

Date Alert Name Type % Chg
MACD Bullish Centerline Cross Bullish 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Stochastic Sell Signal Bearish 2.01%
Above Upper BB Strength 2.01%
Gapped Up Strength 2.01%
Overbought Stochastic Strength 2.01%

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Profile

Babson Capital’s Global Short Duration High Yield Fund (the “Fund”) is a closed-end fund trading on the New York Stock Exchange under the trading symbol “BGH”. The Fund’s primary investment objective is to seek as high a level of current income as Babson Capital determines is consistent with capital preservation, with a secondary objective of capital appreciation. The Fund expects to maintain a weighted average portfolio duration of 3 years or less and a weighted average portfolio maturity of 5 years or less. Overall, the portfolio management strategy will seek to take advantage of inefficiencies between geographies, primarily the North American and Western European high yield bond and loan markets and within capital structures between bonds and loans. For example, the Fund will seek to take advantage of differences in pricing between bonds of an issuer denominated in U.S. dollars and substantially similar bonds of the same issuer denominated in Euros, potentially allowing the Fund to achieve a higher relative return for the same credit risk exposure.
Exchange Traded Fund ETF Bond Bear Market ETF Inverse ETF High Yield Debt Yield Fixed Income Analysis Global Short Duration High Yield Fund

Is BGH 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 18.32
52 Week Low 9.14
Average Volume 138,414
200-Day Moving Average 15.65
50-Day Moving Average 10.93
20-Day Moving Average 11.04
10-Day Moving Average 11.15
Average True Range 0.25
ADX 20.35
+DI 31.20
-DI 20.17
Chandelier Exit (Long, 3 ATRs ) 10.91
Chandelier Exit (Short, 3 ATRs ) 11.48
Upper Bollinger Band 11.48
Lower Bollinger Band 10.60
Percent B (%b) 1.21
BandWidth 7.92
MACD Line 0.01
MACD Signal Line -0.11
MACD Histogram 0.1145
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 12.00
Resistance 3 (R3) 11.96 11.82 11.94
Resistance 2 (R2) 11.82 11.73 11.83 11.92
Resistance 1 (R1) 11.74 11.68 11.78 11.77 11.90
Pivot Point 11.59 11.59 11.61 11.61 11.59
Support 1 (S1) 11.51 11.51 11.55 11.55 11.42
Support 2 (S2) 11.37 11.45 11.38 11.40
Support 3 (S3) 11.29 11.37 11.38
Support 4 (S4) 11.32