+Compare
WDI
ETF ticker: NYSE
AS OF
Loading...
Price
Loading...
Change
Loading...
Net Assets
768.02M

WDI Western Asset Diversified Income Fund Forecast, Technical & Fundamental Analysis

Category Unknown
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for WDI with price predictions
07:00 PM EST Nov 27, 2023

WDI in upward trend: price rose above 50-day moving average on November 13, 2023

WDI moved above its 50-day moving average on November 13, 2023 date and that indicates a change from a downward trend to an upward trend. In of 16 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 01, 2023. You may want to consider a long position or call options on WDI as a result. In of 42 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for WDI just turned positive on November 01, 2023. Looking at past instances where WDI's MACD turned positive, the stock continued to rise in of 19 cases over the following month. The odds of a continued upward trend are .

The 10-day moving average for WDI crossed bullishly above the 50-day moving average on November 14, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 6 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where WDI advanced for three days, in of 134 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 76 cases where WDI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for WDI moved out of overbought territory on November 28, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 13 similar instances where the indicator moved out of overbought territory. In of the 13 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 17 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where WDI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

WDI broke above its upper Bollinger Band on November 02, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed
A.I.Advisor
published Highlights

Industry description

Western Asset Diversified Income Fund is a newly-organized, diversified, closed-end management investment company. The fund's primary investment objective is to seek high current income.
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
Ad is loading...
A.I. Advisor
published General Information

General Information

Category Unknown

Profile
Fundamentals
Details
Category
Multisector Bond
Address
Western Asset Diversified Income FundLEGG MASON 620 EIGHTH AVENUE, 49TH FLOOR
Phone
2128056026
Web
http://www.lmcef.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
RNWGX73.820.12
+0.16%
American Funds New World R6
MMSSX10.150.01
+0.10%
MassMutual Main Street R5
MWOBX46.14-0.02
-0.04%
MFS Global Growth B
BRSTX13.39-0.05
-0.37%
MFS Blended Research Small Cap Eq R3
ANOIX16.83-0.12
-0.71%
American Century Small Cap Growth Inv

WDI and

Correlation & Price change

A.I.dvisor indicates that over the last year, WDI has been loosely correlated with BTZ. These tickers have moved in lockstep 53% of the time. This A.I.-generated data suggests there is some statistical probability that if WDI jumps, then BTZ could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To WDI
1D Price
Change %
WDI100%
-0.38%
BTZ - WDI
53%
Loosely correlated
+0.40%
EVV - WDI
50%
Loosely correlated
-1.52%
PDI - WDI
47%
Loosely correlated
N/A
PTY - WDI
42%
Loosely correlated
-0.44%
GOF - WDI
41%
Loosely correlated
+0.54%