SGL Crosses Below Key Moving Average Level

In trading on Tuesday, shares of Strategic Global Income Fund Incorporated ( SGL) crossed below their 200 day moving average of $8.69, changing hands as low as $8.65 per share. Strategic Global Income Fund Incorporated shares are currently trading trading flat on the day. The chart below shows the one year performance of SGL shares, versus its 200 day moving average:

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Strategic Global Income Fund Incorporated 200 Day Moving Average Chart

Looking at the chart above, SGL's low point in its 52 week range is $8.30 per share, with $9.36 as the 52 week high point — that compares with a last trade of $8.66.

According to the ETF Finder at ETF Channel, SGL makes up 1.14% of the PowerShares Global Gold and Precious Metals Portfolio ETF ( PSAU) which is trading lower by about 2.5% on the day Tuesday.

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