Technical Analysis for DMO - Western Asset Mortgage Defined Opportunity Fund Inc

Grade Last Price % Change Price Change
grade F 14.06 -0.78% -0.11
DMO closed down 0.78 percent on Tuesday, August 4, 2020, on 88 percent of normal volume. It ran into resistance at its 50 day moving average.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down
Historical DMO trend table...

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Outside Day Range Expansion 0.00%
50 DMA Resistance Bearish -0.78%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -0.78%
Inside Day Range Contraction -0.78%
20 DMA Resistance Bearish -0.71%
Fell Below 50 DMA Bearish -0.71%
180 Bearish Setup Bearish Swing Setup -0.71%
Expansion Pivot Sell Setup Bearish Swing Setup -0.71%

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Profile

Western Asset Mortgage Defined Opportunity Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed Western Asset Management Company and Western Asset Management Company Limited. It invests in the fixed income markets of the United States. The fund invests primarily in mortgage-backed securities. It employs intensive proprietary research to create its portfolio. The fund benchmarks the performance of its portfolio against the BofA Merrill Lynch U.S. Floating Rate Home Equity Loan Asset Backed Securities Index. Western Asset Mortgage Defined Opportunity Fund Inc. was formed on December 11, 2009 and is domiciled in the United States.
Exchange Traded Fund ETF Exchange Traded Funds Structured Finance Loans Mortgage Loan Collateralized Debt Obligation Asset Backed Security Legg Mason Partners Fund Western Asset Management Company

Is DMO 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 22.59
52 Week Low 10.34
Average Volume 64,675
200-Day Moving Average 17.17
50-Day Moving Average 14.23
20-Day Moving Average 14.27
10-Day Moving Average 14.17
Average True Range 0.25
ADX 12.53
+DI 16.75
-DI 21.05
Chandelier Exit (Long, 3 ATRs ) 14.30
Chandelier Exit (Short, 3 ATRs ) 14.67
Upper Bollinger Band 14.71
Lower Bollinger Band 13.84
Percent B (%b) 0.26
BandWidth 6.09
MACD Line -0.04
MACD Signal Line -0.01
MACD Histogram -0.0289
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 14.36
Resistance 3 (R3) 14.39 14.32 14.31
Resistance 2 (R2) 14.32 14.24 14.30 14.29
Resistance 1 (R1) 14.19 14.20 14.15 14.16 14.28
Pivot Point 14.12 14.12 14.10 14.10 14.12
Support 1 (S1) 13.99 14.04 13.96 13.96 13.84
Support 2 (S2) 13.92 14.00 13.91 13.83
Support 3 (S3) 13.79 13.92 13.81
Support 4 (S4) 13.76