Technical Analysis for GLV - Clough Global Allocation Fund

Grade Last Price % Change Price Change
grade B 9.85 0.61% 0.06
GLV closed up 0.61 percent on Friday, August 7, 2020, on 39 percent of normal volume. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical GLV trend table...

Date Alert Name Type % Chg
Crossed Above 200 DMA Bullish 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%
200 DMA Resistance Bearish 0.61%
Overbought Stochastic Strength 0.61%
Up 3 Days in a Row Strength 0.61%
Up 4 Days in a Row Strength 0.61%
Up 5 Days in a Row Strength 0.61%

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Profile

Clough Global Allocation Fund is a close-ended balanced mutual fund launched and managed by Clough Capital Partners L.P. The fund primarily invests in the public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors. For the fund's fixed income investments, it invests in corporate and sovereign debt. It invest in fixed income securities having a maturity ranging from 30 days to over 30 years. The fund invests in non-U.S. markets primarily through liquid securities, including depositary receipts. Its equity portion primarily invests in stocks of small-cap and mid-cap companies. The fund employs a fundamental analysis with a bottom-up stock picking approach to make its investments. It primarily employs a theme-oriented investment approach which emphasizes on industry consolidation, technological change, an emerging shortage of a product or raw material which derives from a period of under-investment, and changes in government regulation or major economic or investment cycles. The fund's research process includes identifying shortages, global geographic growth opportunities, and unique global credit market opportunities. Clough Global Allocation Fund was formed on April 27, 2004 and is domiciled in the United States.
Exchange Traded Fund ETF Institutional Investors Mutual Fund Stock Fund Sovereign Wealth Funds Hedge Funds Abu Dhabi Investment Council Global Allocation Fund

Is GLV 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 11.9
52 Week Low 5.26
Average Volume 41,896
200-Day Moving Average 9.80
50-Day Moving Average 8.97
20-Day Moving Average 9.41
10-Day Moving Average 9.59
Average True Range 0.14
ADX 37.72
+DI 40.54
-DI 10.80
Chandelier Exit (Long, 3 ATRs ) 9.45
Chandelier Exit (Short, 3 ATRs ) 9.34
Upper Bollinger Band 9.87
Lower Bollinger Band 8.95
Percent B (%b) 0.98
BandWidth 9.74
MACD Line 0.24
MACD Signal Line 0.21
MACD Histogram 0.0264
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.00
Resistance 3 (R3) 9.99 9.92 9.98
Resistance 2 (R2) 9.92 9.89 9.93 9.97
Resistance 1 (R1) 9.89 9.86 9.91 9.90 9.96
Pivot Point 9.82 9.82 9.83 9.83 9.82
Support 1 (S1) 9.79 9.79 9.81 9.80 9.74
Support 2 (S2) 9.72 9.76 9.73 9.73
Support 3 (S3) 9.69 9.72 9.73
Support 4 (S4) 9.70