Here’s Why Goldman Sachs MLP Energy Renaissance Fund (NYSE:GER) Jumped Up 0.9%

In its most recent trading session, Goldman Sachs MLP Energy Renaissance Fund (NYSE:GER) spiked up by 0.9% – here is what that looked like (as of 2019-12-24):

What’s the reason for these moves? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:

A Money Flow Index (MFI) of 49.943, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.089, an Accumulation/Distribution Index (ADI) of 0.089, an On-Balance Volume (OBV) of 19.726, and a Chaiikin Money Flow (CMF) of 4.38. 1.49

Now let’s plug these indicators in. Consulting Trading View, we can conclude the following:

So there you have it – our analysis of Goldman Sachs MLP Energy Renaissance Fund (NYSE:GER). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.