Western Asset Global High Income Fund Inc (NYSE:EHI) Fell By -0.3%, But Why?

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In its latest trading session, Western Asset Global High Income Fund Inc (NYSE:EHI) dropped by -0.3% – here is what that looked like (as of 2020-01-06):

Why are these moves happning?? To understand this better, it is helpful to analyze some technical indicators. The most important ones are as follows:

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 -0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.047, an Accumulation/Distribution Index (ADI) of 0.047, an On-Balance Volume (OBV) of 65.14, and a Chaiikin Money Flow (CMF) of -10.04. 4.0

So what do these technical indicators mean? Let’s see. According to Trading View, putting it all together gets the following:

That is what an analysis of technical indicators seems to indicate for Western Asset Global High Income Fund Inc (NYSE:EHI). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.