Technical Analysis for EGF - Blackrock Enhanced Government Fund, Inc.

Grade Last Price % Change Price Change
grade A 13.06 1.32% 0.17
EGF closed up 1.32 percent on Tuesday, December 11, 2018, on 8.75 times normal volume. It was able to find support at its 50 day moving average. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

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

Date Alert Name Type % Chg
Dec 11 50 DMA Support Bullish 0.00%
Dec 11 Crossed Above 200 DMA Bullish 0.00%
Dec 11 Crossed Above 20 DMA Bullish 0.00%
Dec 11 MACD Bullish Signal Line Cross Bullish 0.00%
Dec 11 Stochastic Buy Signal Bullish 0.00%
Dec 11 Pocket Pivot Bullish Swing Setup 0.00%
Dec 11 Volume Surge Other 0.00%
Dec 11 Wide Range Bar Range Expansion 0.00%
Dec 11 Strong but Oversold Other 0.00%
Dec 11 Upper Bollinger Band Touch Strength 0.00%

Older signals for EGF ...

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Profile
BlackRock Enhanced Government Fund, Inc is a closed-ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It primarily invests in a portfolio of United States Government and Government Agency securities, including the U.S. Government mortgage-backed securities. The fund invests in non U.S. Government debt securities of foreign or domestic issuers, including commercial paper, notes, corporate bonds, debentures, asset-backed securities, mortgage-backed securities, corporate loans, sovereign debt securities, and money market securities. It was formerly known as Enhanced Government Fund, Inc. BlackRock Enhanced Government Fund, Inc. was formed in 2006 and is domiciled in United States.
Is EGF a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 5 bullish, 0 bearish and 0 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 13.635
52 Week Low 12.69
Average Volume 6,825
200-Day Moving Average 12.9362
50-Day Moving Average 12.8852
20-Day Moving Average 12.9512
10-Day Moving Average 12.9464
Average True Range 0.1531
ADX 47.1
+DI 44.6042
-DI 11.095
Chandelier Exit (Long, 3 ATRs ) 13.1757
Chandelier Exit (Short, 3 ATRs ) 13.2593
Upper Bollinger Band 13.1128
Lower Bollinger Band 12.7896
Percent B (%b) 0.84
BandWidth 2.495522
MACD Line 0.0275
MACD Signal Line 0.0262
MACD Histogram 0.0013
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 13.58
Resistance 3 (R3) 13.58 13.40 13.49
Resistance 2 (R2) 13.40 13.27 13.40 13.46
Resistance 1 (R1) 13.23 13.19 13.32 13.23 13.43
Pivot Point 13.06 13.06 13.10 13.06 13.06
Support 1 (S1) 12.89 12.92 12.97 12.89 12.69
Support 2 (S2) 12.71 12.84 12.71 12.66
Support 3 (S3) 12.54 12.71 12.63
Support 4 (S4) 12.54