BrandywineGLOBAL Global Income Opportunities Fund (NYSE:BWG) Fell By -0.3%, And Here’s Why

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For its latest trading sesion, BrandywineGLOBAL Global Income Opportunities Fund (NYSE:BWG) dropped by -0.3% – here is what that looked like (as of 2020-01-06):

What’s the reason for these moves? To grasp this action better, We ought 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 -0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.05, an Accumulation/Distribution Index (ADI) of 0.05, an On-Balance Volume (OBV) of 256.24, and a Chaiikin Money Flow (CMF) of -12.85. 19.0

Now let’s take all these indicators into account. Consulting Trading View, we can conclude the following:

That is what an analysis of technical indicators seems to indicate for BrandywineGLOBAL Global Income Opportunities Fund (NYSE:BWG). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.