The GDL Fund (NYSE:GDL) Jumped Up 0.5%, But Why?

For its latest trading sesion, The GDL Fund (NYSE:GDL) spiked up by 0.5% – here is what that looked like (as of 2020-01-06):

Why are these moves happning?? To have a greater insight of what is happening, We ought 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 0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.049, an Accumulation/Distribution Index (ADI) of 0.049, an On-Balance Volume (OBV) of 76.707, and a Chaiikin Money Flow (CMF) of 9.25. 1.0

So what do these technical indicators mean? Let’s see. According to Trading View, this is what it all means:

So when putting all the technical indicators together, this is what you get. And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.

Becky Steen

My name is Becky Steen, I am a technology writer who has been writing for this website for the past 4 months. You can contact me and ask me anything about science and technology. I especially like researching new gadgets. Most recently, at the request of many of our readers, I have started providing technical stock analysis news.

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Becky Steen

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