RSI low/high Values: [ 25 - 75 ]
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Lazard Global Total Return and Income stock price ended at $16.33 on Thursday, after gaining 0.307%.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Dec 06, 2023 Gain 11.16% PDF

The Lazard Global Total Return and Income stock price gained 0.307% on the last trading day (Thursday, 28th Mar 2024), rising from $16.28 to $16.33. During the last trading day the stock fluctuated 0.98% from a day low at $16.25 to a day high of $16.41. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 6 thousand more shares were traded than the day before. In total, 43 thousand shares were bought and sold for approximately $705.06 thousand.

The stock lies in the middle of a narrow and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 9.53% during the next 3 months and, with a 90% probability hold a price between $17.65 and $18.31 at the end of this 3-month period.

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LGI Signals & Forecast

The Lazard Global Total Return and Income stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $16.33 and $15.97. A breakdown below any of these levels will issue sell signals. Lazard Global Total Return and Income has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, March 21, 2024, and so far it has fallen -1.63%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Lazard Global Total Return and Income stock

On the downside, the stock finds support just below today's level from accumulated volume at $15.43 and $15.14. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Lazard Global Total Return and Income finds support just below today's level at $15.43. If this is broken, then the next support from accumulated volume will be at $15.14 and $14.96.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.160 between high and low, or 0.98%. For the last week the stock has had daily average volatility of 1.79%.

Our recommended stop-loss: $15.62 (-4.37%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 5 days ago.)

Trading Expectations (LGI) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Lazard Global Total Return and Income Fund to open at $16.33, and during the day (based on 14 day Average True Range), to move between $16.10 and $16.56, which gives a possible trading interval of +/-$0.234 (+/-1.43%) up or down from last closing price. If Lazard Global Total Return and Income Fund takes out the full calculated possible swing range there will be an estimated 2.86% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $16.35 (0.12%) than the support at $15.43 (5.51%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Lazard Global Total Return and Income Fund stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Lazard Global Total Return and Income stock to perform well in the short-term.

Current score: 4.103 Buy Candidate Unchanged

Predicted Opening Price for Lazard Global Total Return and Income Fund of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$16.33 ( 0%) $16.33

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

Trading levels for LGI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 16.49 0.98 %
R2 16.43 0.606 %
R1 16.39 0.374 %
Current price: 16.33
Support S1 16.27 -0.374 %
S2 16.23 -0.606 %
S3 16.17 -0.98 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 16.60 1.65 %
R2 16.38 0.306 %
R1 16.35 0.122 %
Current price 16.33
Support S1 15.43 -5.51%
S2 15.14 -7.29%
S3 14.96 -8.39%

LGI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 10, 2024 Apr 10, 2024 Apr 22, 2024 $0.105 0.640%
2 Mar 11, 2024 Mar 11, 2024 Mar 22, 2024 $0.105 0.640%
3 Jan 22, 2024 Feb 12, 2024 Feb 22, 2024 $0.105 0.661%
4 Dec 22, 2023 Jan 10, 2024 Jan 22, 2024 $0.0934 0.618%
5 Nov 22, 2023 Dec 11, 2023 Dec 22, 2023 $0.0934 0.614%

FAQ

What is the symbol for Lazard Global Total Return and Income Fund Stock and on which exchange is it traded?
The symbol for Lazard Global Total Return and Income Fund is LGI and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Lazard Global Total Return and Income Fund Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Lazard Global Total Return and Income stock to perform well in the short-term.

How to buy Lazard Global Total Return and Income Fund Stock?
Lazard Global Total Return and Income Fund Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Lazard Global Total Return and Income Fund Stock.

What's the current price of Lazard Global Total Return and Income Fund Stock?
As of the end of day on the 2024-03-28, the price of an Lazard Global Total Return and Income Fund (LGI) share was $16.33.

What is the 52-week high and low for Lazard Global Total Return and Income Fund Stock?
The 52-week high for Lazard Global Total Return and Income Fund Stock is $16.68 and the 52-week low is $12.66.

What is the market capitalization of Lazard Global Total Return and Income Fund Stock?
As of the 2024-03-28, the market capitalization of Lazard Global Total Return and Income Fund is 212.448M.
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About Lazard Global Total Return and Income Fund

Lazard Global Total Return and Income Fund, Inc. is a closed ended balanced mutual fund launched and managed by Lazard Asset Management LLC. It invests in public equity and fixed income markets across the globe. The fund primarily invests in stocks of companies with market capitalization over $5 billion. It makes its fixed income investments in short duration market forward currency contracts and other market debt instruments. The fund typically ... LGI Profile

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