Virtus Investment Partners's 15-min chart sees KDJ Death Cross, bearish Marubozu pattern.

Virtus Investment Partners' 15-minute chart has triggered a KDJ Death Cross and a Bearish Marubozu at 06/20/2025 14:15. This indicates a shift in the momentum of the stock price towards the downside, with a potential for further decreases. Sellers are currently in control of the market, and it is likely that the bearish momentum will continue.

On June 20, 2025, the 15-minute chart of Virtus Investment Partners' Virtus Global Multi-Sector Income Fund (VGI) triggered a KDJ Death Cross and a Bearish Marubozu at 14:15. These technical indicators suggest a significant shift in the stock's momentum towards the downside, potentially leading to further price decreases. The KDJ Death Cross, a popular momentum indicator, signals a bearish trend when the K line crosses below the D line. The Bearish Marubozu, characterized by a complete absence of price action within the candle, indicates a strong bearish trend. Sellers are currently in control of the market, suggesting that the bearish momentum will likely continue.

The stock's recent price movements have been influenced by various factors. On Wednesday, June 18, 2025, the stock price gained 0.0652%, rising from $7.67 to $7.68. However, it has fallen in 6 of the last 10 trading days, resulting in a -0.84% decline over this period [1]. The volume of shares traded also decreased, with a drop of -21 thousand shares on the last trading day and a total of 10 thousand shares bought and sold for approximately $79.49 thousand. This decrease in volume, combined with the price increase, indicates a potential divergence that could serve as an early warning of future changes [1].

Technical analysis also suggests that the stock is moving within a horizontal trend, with a 90% probability of being traded between $7.31 and $7.91 at the end of the 3-month period. However, the recent signals indicate that the stock may be poised for a downward movement. The short-term Moving Average holds a sell signal, while the long-term average provides a buy signal. This creates a general buy signal for the stock, but the short-term average may present resistance at approximately $7.72, while the long-term average offers support at around $7.64 [1]. Additionally, a sell signal was issued from a pivot top point on June 11, 2025, with the stock falling by -1.48% since then.

Investors should approach this situation with caution. The stock's very low daily movements and controlled price fluctuations indicate a low risk environment, but the recent technical signals suggest a potential downward trend. The recommended stop-loss level is $7.38, which corresponds to a -3.82% decline from the current price [1].

In conclusion, while the stock holds several positive signals, the recent technical indicators suggest a bearish trend. Investors should consider holding or accumulating the stock while awaiting further developments. The predicted fair opening price for June 20, 2025, is $7.68, with a potential move of +/-$0.0744 (+/-0.97%) during the day [1].

References:
[1] https://stockinvest.us/stock/VGI