For its latest trading sesion, Babson Global Short Duration High Yield Fund (NYSE:BGH) dropped by -0.2% – here is what that looked like (as of 2019-12-04):
What is the cause of all this?? To have a greater insight of what is happening, We ought to analyze some technical indicators. As we see it, you should pay the most attention to the following:
A Money Flow Index (MFI) of 50.164, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.107, an Accumulation/Distribution Index (ADI) of 0.107, an On-Balance Volume (OBV) of 421.63, and a Chaiikin Money Flow (CMF) of 16.22. 3.0
Now let’s take all these indicators into account. According to Trading View, we can conclude the following:
So there you have it – our analysis of Babson Global Short Duration High Yield Fund (NYSE:BGH). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.