Technical Analysis for GDO - Western Asset Global Corporate Defined Opportunity Fund Inc.

Grade Last Price % Change Price Change
D 17.835 -0.36% -0.07
GDO closed down 0.06 percent on Wednesday, February 24, 2021, on approximately normal volume. It ran into resistance at its 50 day moving average. 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 EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down
Historical GDO trend table...

Date Alert Name Type % Chg
50 DMA Resistance Bearish -0.36%
Down 3 Days in a Row Weakness -0.36%
Oversold Stochastic Weakness -0.36%
Fell Below 50 DMA Bearish -0.42%
Stochastic Reached Oversold Weakness -0.42%
Oversold Stochastic Weakness -0.42%
Fell Below 20 DMA Bearish -0.92%
New Downtrend Bearish -0.92%
50 DMA Support Bullish -0.92%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -0.92%
Older End-of-Day Signals for GDO ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Gap Up Closed about 23 hours ago
60 Minute Opening Range Breakdown about 23 hours ago
Reversed from Up about 23 hours ago
Gap Up Partially Closed about 23 hours ago
Gapped Up (Full) 1 day ago
View Earlier Intraday Alerts

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Profile

Western Asset Global Corporate Defined Opportunity Fund Inc. Description

Western Asset Global Corporate 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 by Western Asset Management Company, Western Asset Management Company Pte. Ltd., Western Asset Management Company Ltd., and Western Asset Management Company Limited. It invests in the fixed income markets across the globe. The fund invests in investment grade debt securities. It employs intensive proprietary research to create its portfolio. The fund benchmarks the performance of its portfolio against the Barclays Capital Global Aggregate Corporate Index. It was formerly known as Western Asset Global Credit Defined Opportunity Fund Inc. Western Asset Global Corporate Defined Opportunity Fund Inc. was formed on September 17, 2009 and is domiciled in the United States.


Classification

Keywords: Exchange Traded Fund ETF Debt Securities Legg Mason Legg Mason Partners Fund Opportunity Fund Western Asset Management Company

Is GDO 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 18.4
52 Week Low 11.1
Average Volume 26,580
200-Day Moving Average 17.20
50-Day Moving Average 17.96
20-Day Moving Average 18.10
10-Day Moving Average 18.13
Average True Range 0.17
ADX 27.37
+DI 16.22
-DI 22.46
Chandelier Exit (Long, 3 ATRs ) 17.89
Chandelier Exit (Short, 3 ATRs ) 18.15
Upper Bollinger Band 18.41
Lower Bollinger Band 17.80
Percent B (%b) 0.17
BandWidth 3.36
MACD Line 0.02
MACD Signal Line 0.07
MACD Histogram -0.0457
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 18.05
Resistance 3 (R3) 18.07 18.03 18.03
Resistance 2 (R2) 18.03 18.00 18.03 18.02
Resistance 1 (R1) 17.97 17.97 17.95 17.95 18.01
Pivot Point 17.93 17.93 17.93 17.93 17.93
Support 1 (S1) 17.87 17.90 17.85 17.85 17.79
Support 2 (S2) 17.83 17.87 17.83 17.78
Support 3 (S3) 17.77 17.83 17.78
Support 4 (S4) 17.75