5 Dividend Stocks Flashing Bullish Technical Signals

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Western Asset Global High Income Fund (EHI)

EHIVAL
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Western Asset Global High Income Fund
(EHI) is a non-diversified, closed-end management investment company that is managed by Legg Mason subsidiary. It’s a monthly payer throwing off a 9.52% yield with a history of steady payouts. EHI’s technical picture looks like an increase is on the horizon for the stock price.

Short-Term

  • April 8: A triple moving average crossover of the 4-day moving average, 19-day moving average and the 18-day moving average occurred.
  • April 4: A bullish MACD signal occurred.
  • April 4: EHI’s price crossed the 21-day moving average.
  • April 4: A bullish momentum signal occurred.
  • April 4: A short-term bullish Williams Percent Range (often written as %R) momentum indicator presented a bullish entry for EHI. (Percent Range is a basic momentum indicator that uses recent prices and volume to measure on overbought or oversold condition; see here for more on how traders use it.)
  • April 4: A bullish Commodity Channel Index signal occurred. The Commodity Channel Index (CCI) measures the deviation of the price from its average value, and traders use it to signal when a stock is oversold (bullish) or overbought (bearish).
  • April 3: A bullish momentum signal occurred.

Intermediate-Term

  • April 4: EHI’s price crossed the 21-week moving average.
  • April 4: A triple moving average crossover of the 4-day moving average, 9-day moving average and the 18-week moving average occurred.
  • April 1: EHI’s price crossed the 50-day moving average.

Long-Term

  • April 4: EHI’s price crossed the 50-week moving average.

Article printed from InvestorPlace Media, http://investorplace.com/2014/04/dividend-stock-technical-hcn-arr-nka-arr/.

©2016 InvestorPlace Media, LLC

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