Blackstone / GSO Strategic Credit Fund (NYSE:BGB) Jumped Up 0.6%, But Why?

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For its latest trading sesion, Blackstone / GSO Strategic Credit Fund (NYSE:BGB) spiked up by 0.6% – here is what that looked like (as of 2020-01-06):

What’s the reason for these moves? To grasp this action better, it is helpful to analyze some technical indicators. As we see it, you should pay the most attention to the following:

A Money Flow Index (MFI) of 100.0, 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 0.078, an Accumulation/Distribution Index (ADI) of 0.078, an On-Balance Volume (OBV) of 324.72, and a Chaiikin Money Flow (CMF) of 14.32. 1.667

Now let’s plug these indicators in. Consulting Trading View, this is what it all means:

So there you have it – our analysis of Blackstone / GSO Strategic Credit Fund (NYSE:BGB). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.