Why FOMO Is Your Worst Enemy? – Clough Global Equity Fund (GLQ), Navios Maritime Holdings Inc. (NM) – GV Times

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The price of Clough Global Equity Fund (NYSE:GLQ) went up by $0.07 now trading at $13.02. Their shares witnessed a 32.72% increase from the 52-week low price of $9.81 they recorded on 2018-12-24. Even though it is still -21.66% behind the $15.84 high touched on 2018-09-17. The last few days have been good for the stock, as its price has grew by 0.39% during the week. It has also performed better over the past three months, as it added around 9.32% while it has so far retreated around -2.84% during the course of a year. The stock of GLQ recorded 20.11% uptrend from the beginning of this year till date. The 12-month potential price target for Clough Global Equity Fund is set at $0. This target means that the stock has an upside potential to increase by -100% from the current trading price.

12 institutions entered new Clough Global Equity Fund (NYSE:GLQ) positions, 20 added to their existing positions in these shares, 15 lowered their positions, and 3 exited their positions entirely.

Clough Global Equity Fund (GLQ) trade volume has increased by 41.98% as around 51,810 shares were sold when compared with its 50-day average volume of traded shares which is 36,492. At the moment, GLQ is witnessing a uptrend, as it is trading 1.78% above its 20-day SMA, 2.43% above its 50-day SMA, and -2.6% above its 200-day SMA. The company runs an ROE of roughly 0%, with financial analysts predicting that their earnings per share growth will be around 0% per annum for the next five year. This will be compared to the 0% decrease witnessed over the past five years.

The first technical resistance point for Clough Global Equity Fund (NYSE:GLQ) will likely come at $13.1, marking a 0.61% premium to the current level. The second resistance point is at $13.19, about 1.29% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $12.82, the lower end of the range. GLQ’s 14-day MACD is 0.12 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 60.06, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 14.17 percent, which is high when compared to that of the 50-day’s 13.13 percent.

The shares of Navios Maritime Holdings Inc. (NYSE:NM) has increased by 4.14%, and now trading at $4.78 on the Wall Street in the intra-day deal, with their shares traded now around 184,370. This is a decline of -121,968 shares over the average 306,338 shares that were traded daily over the last three months. The stock that is trading at $4.78 went higher by 182.84% from its 52-week low of $1.69 that it attained back on 2019-03-07. The stock recorded a 52-week high of $9.6 nearly 363 days ago on 2018-04-18.

NM stock has performed well over the past 30 days, as it added 110.57% while its price climbed by 74.45% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 37.36% over the last week. The stock’s 12-month potential target price is now at $5. This means that the stock price might likely increase by 4.6% from its current trading price. 1 out of 2 Wall Street analysts which represents 50% rated the stock as a buy while the remaining 0% rated it as a hold, with 50% of analysts rating it as a sell.

Navios Maritime Holdings Inc. (NYSE:NM) has been utilizing an ROE that is roughly -27.4%, with stock analysts predicting that the company’s EPS for the next five years will go up by 16% per year, following the -24.2% drop that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 65.89% above its 20-day SMA, 98.19% above its 50-day SMA, and -5.56% below its 200-day SMA. In percentage terms, the aggregate Navios Maritime Holdings Inc. shares held by institutional investors is 7.1%. 4 institutions jumped in to acquire Navios Maritime Holdings Inc. (NM) fresh stake, 14 added to their current holdings in these shares, 21 lowered their positions, and 12 left no stake in the company.

The stock’s 9-day MACD is 0.66 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 89.77, which shows that its stock has been overbought. The 20-day historical volatility for the shares stand at 122.62 percent, which is more when compared to that of the 50-day’s 121.21 percent. On the daily chart, we see that the stock could reach the first level of resistance at $4.89, sporting a 2.25% premium to the current level. The next resistance point is at $5, representing nearly 4.4% premium to the current market price of Navios Maritime Holdings Inc. (NM). On the other hand, failure to breach the immediate hurdles can drag it down to $4.38, the lower end of the range.