Technical Analysis for GFY - Western Asset Variable Rate Strategic Fund Inc.

Grade Last Price % Change Price Change
grade C 16.337 0.29% 0.05
GFY closed up 0.29 percent on Tuesday, September 17, 2019, on 36 percent of normal volume. It ran into resistance at its 50 day moving average. 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 Up Flat Up
See historical GFY trend table...

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
MACD Bullish Centerline Cross Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Inside Day Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Fell Below 50 DMA Bearish 0.29%
Inside Day Range Contraction 0.29%
Overbought Stochastic Strength 0.29%
Crossed Above 50 DMA Bullish -0.20%
180 Bullish Setup Bullish Swing Setup -0.20%

Older signals for GFY ...

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Profile
Western Asset Variable Rate Strategic Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. The fund invests in the fixed income markets across the globe. It seeks to invest in variable rate investment grade securities, including U.S. and non-U.S. investment grade and high yield debt, senior loans, emerging markets debt and derivatives related to these securities. The fund seeks to maintain an average duration of around one to two years with an average credit quality of BBB+. It benchmarks the performance of its portfolio against the Merrill Lynch Constant Maturity 3-Month LIBOR Index. The fund was formerly known as Salomon Brothers Variable Rate Strategic Fund Inc. Western Asset Variable Rate Strategic Fund Inc. was formed on August 3, 2004 and is domiciled in the United States.
Institutional Investors Mutual Fund Bond Market Legg Mason Partners Fund Western Asset Management Company Mirae Asset Financial Group
Is GFY a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 1 bullish, 0 bearish and 4 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 16.63
52 Week Low 14.86
Average Volume 10,659
200-Day Moving Average 16.0505
50-Day Moving Average 16.3386
20-Day Moving Average 16.1909
10-Day Moving Average 16.2471
Average True Range 0.0844
ADX 19.69
+DI 25.845
-DI 18.8734
Chandelier Exit (Long, 3 ATRs ) 16.1368
Chandelier Exit (Short, 3 ATRs ) 16.1832
Upper Bollinger Band 16.4208
Lower Bollinger Band 15.961
Percent B (%b) 0.82
BandWidth 2.839867
MACD Line 0.0027
MACD Signal Line -0.0274
MACD Histogram 0.0301
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 16.41
Resistance 3 (R3) 16.40 16.37 16.40
Resistance 2 (R2) 16.37 16.36 16.38 16.39
Resistance 1 (R1) 16.36 16.35 16.34 16.36 16.39
Pivot Point 16.33 16.33 16.32 16.33 16.33
Support 1 (S1) 16.31 16.31 16.30 16.31 16.29
Support 2 (S2) 16.28 16.30 16.28 16.28
Support 3 (S3) 16.26 16.28 16.28
Support 4 (S4) 16.27