(CEM) Clearbridge Energy MLP - Ratings and Ratios

The Clearbridge Energy MLP Closed Fund (NYSE:CEM) is a US-based investment fund that focuses on energy limited partnerships, providing a diversified portfolio for investors seeking exposure to the energy sector.

By analyzing the funds technical data, we can observe that it has been trending upwards, with its short-term and long-term moving averages (SMA20 and SMA50) indicating a stable price action around $14.25. The SMA200 at $12.09 suggests a significant uptrend over the past year. With an Average True Range (ATR) of 0.31, representing a 2.10% daily price movement, the fund exhibits moderate volatility.

From a fundamental perspective, the funds Assets Under Management (AUM) stand at $487.28 million, indicating a sizable presence in the market. As an energy-focused fund, CEM is likely influenced by trends in the energy sector, including the demand for oil and natural gas, as well as the overall performance of master limited partnerships (MLPs).

Combining technical and fundamental insights, we can forecast that CEM may continue its upward trend, driven by the recovery in the energy sector and the overall market conditions. If the SMA20 and SMA50 continue to support the current price, and the ATR remains stable, we can expect the funds price to potentially reach the 52-week high of $15.00. However, a decline in the energy sector or an increase in market volatility could negatively impact the funds performance.

Based on the analysis, a potential trading strategy could involve buying CEM on dips towards the SMA20 ($14.25) and selling on rallies towards the 52-week high ($15.00), while keeping a close eye on the ATR and overall market conditions to adjust the strategy as needed.