Goldman Sachs MLP Income Opportunities Fund Technical Analysis (NYSE:GMZ)

Add to My Stocks
$8.5 $0.18 (2.07%) GMZ stock closing price Apr 19, 2018 (Closing)

Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. Just by looking at the Goldman Sachs MLP Income Opportunities Fund Price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the GMZ Chart which creates a trading signal.

You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Goldman Sachs MLP Income Opportunities Fund. The technical analysis form of Goldman Sachs MLP Income Opportunities Fund Analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.

show more
macd
rsi
  • Download
    • Download PNG image
    • Download JPEG image
    • Download SVG image
    • Download PDF document
Embed

Goldman Sachs MLP Income Opportunities Fund Moving Average

Moving averages help predict the price direction of GMZ stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Goldman Sachs MLP Income Opportunities Fund are mostly signals of long term trends and will help long term traders.

Goldman Sachs MLP Income Opportunities Fund Bollinger Bands

Bollinger bands comprise of a center line usually GMZ SMA, and two GMZ Price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as Price moves closer towards the lower band. Goldman Sachs MLP Income Opportunities Fund bollinger bands show that the Price is $8.5, upper band is 8.63, lower band is 7.42, and the average is 8.03.

Goldman Sachs MLP Income Opportunities Fund Moving Average Convergence Divergence or MACD

The moving average convergence divergence or MACD is a technical indicator which helps assess the Price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current Price trend could come to an end, when the Price diverges from MACD. The Goldman Sachs MLP Income Opportunities Fund MACD line is below the signal line.

Goldman Sachs MLP Income Opportunities Fund Relative Strength Index

This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in Price movements . The relative strength index of GMZ stock is 70.39.

GMZ Price Details

Prev Close* $8.68
Open $8.71
Day Low $8.5
Day High $8.8
Volume 269,967
52 Week High $10.67
52 Week Low $7.55
Market Cap
$
Dividend