Firstly, as of today (2019-07-11) we’ve determined the following resources to be extremely useful for DoubleLine Opportunistic Credit Fund investors – we recommend taking a look. Take your time with the following:
Beat The Market Analyzer: https://logistics-business-review.com/recommended-tool-for-DBL-investors (this is a fantastic tool – use this to analyze DoubleLine Opportunistic Credit Fund in much more depth)
MM Publishing: https://logistics-business-review.com/mmpublishing-for-DBL-investors
Trading Code: https://logistics-business-review.com/tradingcode-for-DBL-investors
Trader HR: https://logistics-business-review.com/traderHR-for-DBL-investors
REPORTING FOR 2019-07-11 | LOGISTICS-BUSINESS-REVIEW.COM: We have conducted a deep analysis of how DoubleLine Opportunistic Credit Fund ($DBL) has been trading over the last 2 weeks and the past day especially. On its latest session, DoubleLine Opportunistic Credit Fund ($DBL) opened at 20.78, reaching a high of 20.81 and a low of 20.68 before closing at a price of 20.78. There was a total volume of 35458.
VOLUME INDICATORS: We saw an accumulation-distribution index of 172.75029, an on-balance volume of 20.83, chaikin money flow of 7.66667 and a force index of -0.00275. There was an ease of movement rating of 8e-05, a volume-price trend of 0.56296 and a negative volume index of 1000.0.
VOLATILITY: We noted an average true range of 0.09169, bolinger bands of 20.83314, an upper bollinger band of 20.60686, lower bollinger band of 20.68, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 20.75667, high band keltner channel of 20.72667, low band keltner channel of 20.78667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 20.68, a donchian channel low band of 20.68, a donchian channel high band indicator of nan, and a donchian channel low band indicator of 1.0.
TREND: We calculated a Moving Average Convergence Divergence (MACD) of 0.00179, a MACD signal of 0.001, a MACD difference of 0.0008, a fast Exponential Moving Average (EMA) indicator of 20.68, a slow Exponential Moving Average (EMA) indicator of 20.68, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.23969, a trix of 1.65975, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -0.54984, a KST Oscillator (KST) of 27.31439 and a KST Oscillator (KST Signal) of 27.31439 (leaving a KST difference of 0.99353). We also found an Ichimoku rating of 20.795, an Ichimoku B rating of 20.795, a Ichimoku visual trend A of 20.36372, an Ichimoku visual trend B of 20.51407, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.
MOMENTUM: We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 84.61167, a stochastic oscillator of 433.33333, a stochastic oscillator signal of 433.33333, a Williams %R rating of 333.33333 and an awesome oscillator of 0.01133.
RETURNS: There was a daily return of 2.73144, a daily log return of 0.3861 and a cumulative return of 0.38685.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-07-11 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for DoubleLine Opportunistic Credit Fund ($DBL)…
For a more complete analysis, run all of this through the BTMA software. Also, to stay up to date with what is happening on DoubleLine Opportunistic Credit Fund, we strongly advise DoubleLine Opportunistic Credit Fund investors to subscribe to MarketBeat.com’s daily email newsletter for updates, news and analyst ratings on stocks like DoubleLine Opportunistic Credit Fund – without this you are trading blind:
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DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling DoubleLine Opportunistic Credit Fund ($DBL) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.