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Babson Capital Global Short Duration Fund Forecast NYSE:BGH

$16.70 (1.15%)

Volume: 61k

Closed: Dec 07, 2021

Hollow Logo Score: -1.296

Babson Capital Global Short Duration Fund Forecast

$16.70 (1.15%)

Volume: 61k

Closed: Dec 07, 2021

Score Hollow Logo -1.296
Which way will BGH go? Request
Key Stats
Beta 0.35
Trailing Dividend Rate 7.42% ($1.22)
Next Dividend Date Dec 21, 2021
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 80 ] RSI14 is 31 and the fund is currently not being overbought or oversold

Green day on Tuesday for Babson Capital Global Short Duration
(Updated on Dec 07, 2021)


Sell candidate since 2021-12-07

The Babson Capital Global Short Duration fund price gained 1.15% on the last trading day (Tuesday, 7th Dec 2021), rising from $16.51 to $16.70. , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the fund fluctuated 1.09% from a day low at $16.56 to a day high of $16.74. The price has been going up and down for this period, and there has been a -1.65% loss for the last 2 weeks. Volume fell on the last day by -18 thousand shares and in total, 61 thousand shares were bought and sold for approximately $1.02 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The fund lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the fund is expected to fall -2.05% during the next 3 months and, with a 90% probability hold a price between $16.06 and $16.94 at the end of this 3-month period.

Signals & Forecast

There are mixed signals in the fund today. The Babson Capital Global Short Duration fund holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the fund giving a more negative forecast for the stock. On further gains, the fund will meet resistance from the long-term moving average at $17.05. On a fall, the fund will find some support from the short-term average at $16.59. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. A buy signal was issued from a pivot bottom point on Friday, December 03, 2021, and so far it has risen 1.77%. Further rise is indicated until a new top pivot has been found.

Support, Risk & Stop-loss

Babson Capital Global Short Duration finds support from accumulated volume at $16.61 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the fund tends to have controlled movements and therefore the general risk is considered low. However, be aware of low or falling volume and make sure to keep an eye on the fund. During the last day, the fund moved $0.18 between high and low, or 1.09%. For the last week the fund has had a daily average volatility of 1.41%.

Our recommended stop-loss: We hold an negative evaluation for this stock. No stop-loss is set.

Is Babson Capital Global Short Duration High Yield Fund fund A Buy?

Babson Capital Global Short Duration holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this fund.

Current score: -1.296

Predicted Opening Price for Babson Capital Global Short Duration High Yield Fund of Wednesday, December 8, 2021

The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Fair opening price December 8, 2021 Current price
$16.67 $16.70 (Overvalued)
Sell Candidate Unchanged

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Volatility and Risk
Daily Average Volatility: 1.41 %
Overall Risk: Very High High Medium Low Very Low
Volatility
1.41 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $16.79
Price: $16.70
Support: $16.61

BGH Insider Trading Show all Trades

INSIDER POWER

2.203

Last 100 transactions
Buy: 107 512 | Sell: 48 802 (Shares)
Date Action Amount Person Type
Nov 29, 2021 Sell 9 220 Crandall Roger W Common Shares
Dec 16, 2020 Sell 14 179 Freno Michael Common Shares
Nov 25, 2020 Sell 2 450 Dillman Rodney J Common Shares
Nov 25, 2020 Sell 1 400 Dillman Rodney J Common Shares
May 15, 2020 Sell 101 Senkpiel Mark Common Shares
Show all Insider Trades
INSIDER POWER

2.203

Last 100 transactions
Buy: 107 512 | Sell: 48 802 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 16.85 0.88 %
16.78 0.47 %
16.74 0.21 %
Current price: 16.70
Support 16.60 -0.61 %
16.56 -0.87 %
16.49 -1.28 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 17.17 2.81 %
17.16 2.75 %
16.79 0.54 %
Current price 16.70
Support 16.61 -0.54%
16.55 -0.90%
16.41 -1.74%

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