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

Grade Last Price % Change Price Change
grade D 16.3 -1.15% -0.19
BGH closed down 1.15 percent on Tuesday, December 18, 2018, on 1.42 times normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical BGH trend table...

Date Alert Name Type % Chg
Dec 18 MACD Bearish Signal Line Cross Bearish 0.00%
Dec 18 New 52 Week Closing Low Bearish 0.00%
Dec 18 Expansion Breakdown Bearish Swing Setup 0.00%
Dec 18 New 52 Week Low Weakness 0.00%
Dec 18 Below Lower BB Weakness 0.00%
Dec 18 Down 3 Days in a Row Weakness 0.00%
Dec 18 Down 4 Days in a Row Weakness 0.00%
Dec 18 Lower Bollinger Band Touch Weakness 0.00%
Dec 18 Oversold Stochastic Weakness 0.00%
Dec 17 New 52 Week Closing Low Bearish -1.15%

Older signals for BGH ...

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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.
Is BGH a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 19.95
52 Week Low 16.23
Average Volume 102,115
200-Day Moving Average 18.5953
50-Day Moving Average 17.609
20-Day Moving Average 16.8515
10-Day Moving Average 16.731
Average True Range 0.1945
ADX 44.26
+DI 9.8788
-DI 41.2895
Chandelier Exit (Long, 3 ATRs ) 17.3765
Chandelier Exit (Short, 3 ATRs ) 16.8135
Upper Bollinger Band 17.271
Lower Bollinger Band 16.432
Percent B (%b) -0.16
BandWidth 4.978785
MACD Line -0.3246
MACD Signal Line -0.3191
MACD Histogram -0.0055
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 16.74
Resistance 3 (R3) 16.76 16.64 16.66
Resistance 2 (R2) 16.64 16.53 16.63 16.64
Resistance 1 (R1) 16.47 16.46 16.41 16.45 16.61
Pivot Point 16.35 16.35 16.32 16.34 16.35
Support 1 (S1) 16.18 16.24 16.12 16.16 15.99
Support 2 (S2) 16.06 16.17 16.05 15.96
Support 3 (S3) 15.89 16.06 15.94
Support 4 (S4) 15.87