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Stock Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Virtus Global Multi-Sector Income Fund Common Shares of Beneficial Interest (NYSE:VGI)

Long-Term Downtrend (-90) - VGI is in a strong downtrend that is likely to continue. While VGI is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid VGI?

MarketClub looks at technical strength and momentum to determine if the timing is right for VGI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_VGI
Open High Low VGI Price Change
7.250 7.250 7.200 7.249 +0.019
Entry Signal

MarketClub’s Trade Triangles for VGI

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 7.4200

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 7.4700

short term down The short-term trend has been DOWN since Apr 2nd, 2024 at 7.5702

Smart Scan Analysis for VGI

Based on our trend formula, VGI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for VGI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.250 7.250 7.200 7.249 +0.019
Prev. Close Volume Bid Ask Time
7.230 41241 2024-04-19 15:59:26
Year High17.65Year High Date2018-01-02
Year Low11.24Year Low Date2018-11-23
52wk High7.989952wk High Date2023-12-29
52wk Low6.6852wk Low Date2023-10-30
Year End Close18.9Average Volume40,951
Shares Outstanding11,255Market Cap145M
Assets148,893,000MLiabilities47,729,000M
P/E Ratio15.6087Volatility17.64
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