PGIM Global High Yield Fund, Inc. (NYSE:GHY) Spiked Up 0.3% – Here’s Why

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After completing its last trading session, PGIM Global High Yield Fund, Inc. (NYSE:GHY) spiked up by 0.3% – 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 interesting and telling are these ones:

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 0.0, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.044, an Accumulation/Distribution Index (ADI) of 0.044, an On-Balance Volume (OBV) of 33.925, and a Chaiikin Money Flow (CMF) of 15.05. 1.25

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 PGIM Global High Yield Fund, Inc. (NYSE:GHY). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.