Here’s Why Royce Global Value Trust, Inc. (NYSE:RGT) Dropped -0.8%

For its latest trading sesion, Royce Global Value Trust, Inc. (NYSE:RGT) dropped by -0.8% – here is what that looked like (as of 2020-01-06):

What is the cause of all this?? To have a greater insight of what is happening, 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 -0.0, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.045, an Accumulation/Distribution Index (ADI) of 0.045, an On-Balance Volume (OBV) of 23.54, and a Chaiikin Money Flow (CMF) of -11.82. 1.0

So what do these technical indicators mean? Let’s see. According to Trading View, we can conclude the following:

That is what an analysis of technical indicators seems to indicate for Royce Global Value Trust, Inc. (NYSE:RGT). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.