Technical Analysis for IGI - Western Asset Investment Grade Defined Opportunity Trust Inc.

Grade Last Price % Change Price Change
grade B 20.05 0.25% 0.05
IGI closed up 0.25 percent on Wednesday, March 20, 2019, on 82 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. 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 Up Up
See historical IGI trend table...

Date Alert Name Type % Chg
Mar 20 MACD Bullish Signal Line Cross Bullish 0.00%
Mar 20 Cup with Handle Other 0.00%
Mar 20 Narrow Range Bar Range Contraction 0.00%
Mar 20 NR7 Range Contraction 0.00%
Mar 20 NR7-2 Range Contraction 0.00%
Mar 20 Stochastic Reached Overbought Strength 0.00%
Mar 20 Multiple of Ten Bullish Other 0.00%
Mar 20 Overbought Stochastic Strength 0.00%
Mar 20 Up 3 Days in a Row Strength 0.00%
Mar 20 Up 4 Days in a Row Strength 0.00%

Older signals for IGI ...

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Profile
Western Asset Investment Grade Defined Opportunity Trust Inc. is a close-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 Pte. Ltd, Western Asset Management Company Ltd., and Western Asset Management Company Limited. The fund invests in fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in investment-grade corporate debt securities with varied maturities. It will liquidate on or about December 2, 2024. The fund conducts in-house research to make its investments. Western Asset Investment Grade Defined Opportunity Trust Inc. was formed on June 26, 2009 and is domiciled in the United States.
Mutual Fund Companies Listed On The New York Stock Exchange Investment Companies Legg Mason Partners Fund Western Asset Management Company Draft:Silverdale Capital
Is IGI a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 22.31
52 Week Low 17.26
Average Volume 27,690
200-Day Moving Average 19.4388
50-Day Moving Average 19.3663
20-Day Moving Average 19.7188
10-Day Moving Average 19.7615
Average True Range 0.2652
ADX 19.23
+DI 20.2042
-DI 17.1547
Chandelier Exit (Long, 3 ATRs ) 19.2544
Chandelier Exit (Short, 3 ATRs ) 20.1056
Upper Bollinger Band 20.0604
Lower Bollinger Band 19.3772
Percent B (%b) 0.98
BandWidth 3.464714
MACD Line 0.1357
MACD Signal Line 0.1252
MACD Histogram 0.0105
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 20.21
Resistance 3 (R3) 20.19 20.12 20.18
Resistance 2 (R2) 20.12 20.08 20.13 20.17
Resistance 1 (R1) 20.09 20.06 20.10 20.10 20.16
Pivot Point 20.02 20.02 20.02 20.02 20.02
Support 1 (S1) 19.98 19.97 20.00 20.00 19.94
Support 2 (S2) 19.91 19.95 19.92 19.93
Support 3 (S3) 19.88 19.91 19.92
Support 4 (S4) 19.89