Technical Analysis for VGI - Virtus Global Multi-Sector Income Fund

Grade Last Price % Change Price Change
B 7.49 0.00% 0.00
VGI closed up 0.0 percent on Friday, May 17, 2024, on 43 percent of normal volume. 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.
0 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Flat

Date Alert Name Type % Chg
Cup with Handle Other 0.00%
Outside Day Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Gapped Down Weakness 0.00%
Cup with Handle Other 0.00%
Spinning Top Other 0.00%
Overbought Stochastic Strength 0.00%
Cup with Handle Other 0.00%
Overbought Stochastic Strength 0.00%
Cup with Handle Other 0.54%

   Recent Intraday Alerts

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Virtus Global Multi-Sector Income Fund Description

Virtus Global Multi-Sector Income Fund is a closed ended fixed income mutual fund launched by Virtus Investment Partners, Inc. The fund is co-managed by Virtus Investment Advisers, Inc. and Newfleet Asset Management, LLC. It invests in fixed income markets across the globe. The fund invests in both investment grade and high yield debt instruments issued by the government, corporate, bank loans, mortgage-backed securities, asset-backed securities, taxable municipal bonds, and tax-exempt municipal bonds. It invests in securities with average duration which varies within three years (plus or minus) of the duration of the Barclays Global Aggregate Bond Index. The fund employs fundamental analysis with a top-down and bottom-up stock picking approach while focusing on factors such as yield and spreads, supply and demand, investment environment, sector fundamentals, assessment of credit risk, company management, issue structure, technical market conditions, and valuations to create its portfolio. It seeks to benchmark the performance of its portfolio against the Barclays Global Aggregate Bond Index. Virtus Global Multi-Sector Income Fund was formed on February 23, 2012 and is domiciled in the United States.


Classification

Keywords: Exchange Traded Fund ETF High Yield Debt Credit Risk Bank Loans Company Management

Is VGI 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 7.5809
52 Week Low 6.2006
Average Volume 33,835
200-Day Moving Average 7.08
50-Day Moving Average 7.34
20-Day Moving Average 7.35
10-Day Moving Average 7.46
Average True Range 0.06
RSI (14) 66.89
ADX 29.87
+DI 35.68
-DI 18.17
Chandelier Exit (Long, 3 ATRs) 7.37
Chandelier Exit (Short, 3 ATRs) 7.29
Upper Bollinger Bands 7.59
Lower Bollinger Band 7.10
Percent B (%b) 0.79
BandWidth 6.69
MACD Line 0.06
MACD Signal Line 0.04
MACD Histogram 0.0198
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 7.62
Resistance 3 (R3) 7.62 7.57 7.60
Resistance 2 (R2) 7.57 7.54 7.58 7.59
Resistance 1 (R1) 7.53 7.52 7.55 7.53 7.59
Pivot Point 7.49 7.49 7.50 7.49 7.49
Support 1 (S1) 7.44 7.45 7.47 7.45 7.39
Support 2 (S2) 7.40 7.43 7.40 7.39
Support 3 (S3) 7.36 7.40 7.38
Support 4 (S4) 7.36