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Downtrend Call Working As Macquarie Global Infrastructure Total Return Fund Inc Stock Falls 43.9% (MGU)

By David Diaz

SmarTrend identified a Downtrend for Macquarie Global Infrastructure Total Return Fund Inc (NYSE:MGU) on February 25th, 2020 at $25.29. In approximately 1 month, Macquarie Global Infrastructure Total Return Fund Inc has returned 43.93% as of today's recent price of $14.18.

In the past 52 weeks, shares of Macquarie Global Infrastructure Total Return Fund Inc have traded between a low of $10.66 and a high of $26.95 and are now at $14.18, which is 33% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has declined 4.1%.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Macquarie Global Infrastructure Total Return Fund Inc.

Log in and add Macquarie Global Infrastructure Total Return Fund Inc (MGU) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights macquarie global infrastructure total return fund inc

Ticker(s): MGU