After completing its last trading session, Voya Global Advantage and Premium Opportunity Fund (NYSE:IGA) dropped by -0.8% – here is what that looked like (as of 2020-01-06):
What is the cause of all this?? To grasp this action better, it is helpful to analyze some technical indicators. The most important ones are as follows:
A Money Flow Index (MFI) of 50.359, 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 0.075, an Accumulation/Distribution Index (ADI) of 0.075, an On-Balance Volume (OBV) of 39.238, and a Chaiikin Money Flow (CMF) of 10.49. 1.25
Now let’s take all these indicators into account. According to Trading View, this is what it all means:
So when putting all the technical indicators together, this is what you get. And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.