Seeking AlphaT3·55mo ago
GLQ Clough Global Equity Fund
XASEStock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
GLQ
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Key stats
About
- Exchange
- XASE
- Market Cap
- $0.1B
- List Date
- 2005-04-27
- CIK
- 0001316463
- Homepage
- https://www.cloughcefs.com
Clough Global Equity Fund is a closed-end management investment company. Its investment objective is to provide a high level of total return. The Fund invests in the equity, equity-related securities, and fixed-income securities in both U.S. and non-U.S. markets.
Fund profile
- Expense ratio
- —
- Assets
- $138M shares × price, Oct 23, 2026
- Trailing yield
- —
- Average daily volume
- $318K 30 sessions
- Holdings
- —
- Listed
- Apr 27, 2005 NYSE American
Costn/a
Liquidity17
Scale42
Diversificationn/a
Moves with. US large-cap stocks (61% of its variance, beta 1.04). These factors explain 57% of its daily moves over the last year.
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| VTVanguard Total World Stock ETF | — | 0.06% | $80.8B | +12.6% | compare |
| ACWIiShares MSCI ACWI ETF | — | 0.32% | $32.4B | +12.8% | compare |
| CGGOCapital Group Global Growth Equity ETF | — | 0.47% | $11.6B | +8.4% | compare |
| IOOiShares Global 100 ETF | — | 0.40% | $9.2B | +18.0% | compare |
| URTHiShares MSCI World ETF | — | 0.24% | $8.7B | +12.7% | compare |
The largest other funds in the Global category.
Summary
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composite
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No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 7.28% | -8.77% | -5.14% | 2.90% | 3.78% | 5.82% | 0.98% |
| Feb | 2.32% | -4.82% | -5.35% | 2.68% | -2.06% | 0.85% | -1.06% |
| Mar | -2.57% | 1.74% | 0.66% | 2.04% | -4.55% | -9.28% | -1.99% |
| Apr | 3.71% | -11.75% | -2.61% | -3.53% | -0.24% | 7.14% | -1.21% |
| May | -5.57% | -6.19% | -3.64% | 4.46% | 5.82% | 6.48% | 0.23% |
| Jun | -2.96% | -4.99% | 5.76% | 6.33% | 4.30% | -0.35% | 1.35% |
| Jul | 5.07% | 3.16% | 1.11% | -0.36% | 0.98% | -6.02% | 0.66% |
| Aug | 0.13% | -8.15% | -5.06% | 0.59% | 3.20% | -2.67% | -1.99% |
| Sep | -5.37% | -20.94% | -9.27% | 3.42% | 3.26% | -5.44% | -5.72% |
| Oct | 3.39% | -0.28% | -3.49% | -2.10% | 2.61% | -1.07%* | -0.16% |
| Nov | -6.36% | 2.12% | 8.70% | 1.33% | -0.44% | -- | 1.07% |
| Dec | -7.85% | -11.85% | 0.77% | -3.34% | -1.54% | -- | -4.76% |
| Total | -9.73% | -53.27% | -17.41% | 14.82% | 15.62% | -5.82% | -9.30% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $7.49
SMA 50: $7.75
SMA 200: $8.08
Current: $7.43
EMA 12: $7.44
EMA 26: $7.54
MACD: -0.1076 | Signal: 0.0054
BEARISH
ADX (14): 28.29
TREND
+DI: 14.57
−DI: 21.57
Momentum Oscillators
RSI (14): 42.47
NEUTRAL
Stoch %K: 23.70
Stoch %D: 21.78
Williams %R: -66.67
Volume & Volatility
BB Upper: $7.71
BB Lower: $7.28
NEUTRAL
OBV: 3,772,450
Vol SMA 20: 38,046
Vol ROC: 95.94%
ATR: $0.13
True Range: $0.11
HV 20: 15.4%
HV 30: 15.8%
HV 60: 15.3%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-28T00:00:00 – 2026-10-26T00:00:00
AI Analysis
LLM Stock Analysis Report
Executive Summary Overall Assessment: BEARISH (Confidence Level: 6/10)
Key Drivers:
- Negative news sentiment from recent headlines
- Bearish momentum signals from technical indicators
- High risk profile due to beta above 0.8 and volatility levels
Primary Risks:
- Technical breakdown potential
- Risk of further price declines driven by negative news sentiment
- Potential for increased volatility
Investment Thesis: The stock is currently in a downtrend, with bearish momentum signals indicating a potential technical breakdown. The recent negative news headlines may exacerbate the decline. However, there are no imminent catalysts or earnings announcements that could significantly impact the price.
Recent News Sentiment Impact: The recent news headlines have been predominantly negative, which has contributed to the stock's downtrend and bearish sentiment.
Technical Analysis Trend Direction:
- Short-term: Bearish (1-4 weeks)
- Medium-term: Bearish (1-3 months)
- Long-term: Neutral (3-12 months)
Support/Resistance Levels: The key support level is at $7.79, with the lower Bollinger Band also providing a potential floor. Resistance lies at $8.50, which could be tested if the stock experiences an uptrend.
Momentum Signals:
- RSI interpretation: Neutral (33.04) - oversold territory
- MACD signal: Bearish (crossover below signal line)
- Bollinger Bands position: Squeeze
Volume Analysis: The volume is trending downward, indicating a lack of institutional interest and potential weakness in the stock.
News & Sentiment Analysis Recent Headlines Summary: The recent headlines have been predominantly negative, with articles discussing the risks associated with investing in CEFs (Closed-End Funds).
Sentiment Assessment: The aggregate news sentiment is NEGATIVE, which has contributed to the bearish momentum signals and potential technical breakdown.
Catalyst Identification: No imminent catalysts or earnings announcements are scheduled, which could impact the stock price.
Market Narrative: The negative news headlines have created a negative market narrative, which may continue to weigh on the stock's performance.
Risk & Volatility Assessment Beta Interpretation: The beta is above 0.8, indicating a moderate risk profile and potential for increased volatility.
Volatility Regime: The current volatility levels are higher than historical norms, with a recent increase in True Range and Historical Volatility.
Options Market Signals: No options data available.
Downside Protection: Support levels at $7.79 and the lower Bollinger Band provide some downside protection.
Market Context & Positioning Sector Performance: The sector is performing relatively poorly, which may contribute to the stock's downtrend.
Institutional Activity: The volume is trending downward, indicating a lack of institutional interest and potential weakness in the stock.
Correlation Analysis: The correlation with the market is moderate (0.76), indicating that the stock generally follows market movements.
Relative Valuation: The stock is relatively undervalued compared to its sector peers, but this may not be sufficient to counterbalance the negative news sentiment and bearish momentum signals.
Key Levels & Action Items Critical Price Levels:
- Support: $7.79
- Resistance: $8.50
Breakout/Breakdown Levels: The stock may experience a technical breakdown if it falls below $7.79, or a breakout above $8.50 could indicate a potential uptrend.
Time-Sensitive Catalysts: No imminent catalysts or earnings announcements are scheduled, which could impact the stock price.
Risk Management: A stop-loss level at $7.60 and position sizing considerations should be implemented to manage risk.
Additional Notes
- The recent news headlines have created a negative market narrative that may continue to weigh on the stock's performance.
- The technical indicators suggest a potential technical breakdown, which could be exacerbated by the bearish momentum signals.
- The risk profile is moderate due to beta above 0.8 and volatility levels.
Conclusion The stock is currently in a downtrend, with bearish momentum signals indicating a potential technical breakdown. The recent negative news headlines may exacerbate the decline, and there are no imminent catalysts or earnings announcements that could significantly impact the price.
Generated
News
All GLQ news →
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GLQ Options Activity & IV Rank
Loading options activity...
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
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pts
EXTREME
ATM — / Wing —
30 DTE / 10d
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pts
EXTREME
ATM — / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Risk Metrics
Beta: 0.9466
Alpha: -14.66%
Correlation: 0.7425
R-Squared: 55.1%
Stock Volatility: 16.2%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Moderate volatility - stock generally follows market
Moderate volatility - stock generally follows market
Beta & Alpha Over Time
Notable investors who own GLQ
2 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Citadel Hedge fund Ken Griffin | $315K | #5009 of 6285 | new | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $1K | #4591 of 4729 | 0.0% | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
GLQ Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
GLQ Insider Trading (Form 4)
Latest: 2026-05-28Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-05-28 | Vincent W Versaci | — | — | — | EDGAR | ||
| 2026-01-16 | Vincent W Versaci | Buy (P) | +1,882 | $8.13 | $15.3K | EDGAR | |
| 2026-01-15 | Clifford John Weber | Buy (P) | +1,000 | $8.16 | $8.2K | EDGAR | |
| 2026-01-15 | Vincent W Versaci | Buy (P) | +1,707 | $8.13 | $13.9K | EDGAR | |
| 2026-01-15 | Kevin Joseph McNally | Buy (P) | +634 | $8.10 | $5.1K | EDGAR | |
| 2026-01-14 | Karen Ann DiGravio | Buy (P) | +378 | $8.10 | $3.1K | EDGAR | |
| 2024-04-30 | Charles Clough JR | Buy (P) | +50,000 | $6.36 | $317.9K | EDGAR | |
| 2024-03-20 | Charles Clough JR | Buy (P) | +20,000 | $6.42 | $128.4K | EDGAR | |
| 2024-02-13 | Charles Clough JR | Buy (P) | +20,000 | $6.39 | $127.8K | EDGAR | |
| 2023-08-09 | Charles Clough JR | Buy (P) | +15,000 | $6.27 | $94.0K | EDGAR | |
| 2023-06-16 | Charles Clough JR | Buy (P) | +20,000 | $6.20 | $123.9K | EDGAR | |
| 2023-05-11 | Charles Clough JR | Buy (P) | +7,635 | $5.89 | $45.0K | EDGAR | |
| 2023-05-10 | Charles Clough JR | Buy (P) | +12,500 | $6.00 | $75.0K | EDGAR | |
| 2023-05-09 | Charles Clough JR | Buy (P) | +5,000 | $5.93 | $29.7K | EDGAR | |
| 2023-02-09 | Clough Capital Partners, L.P. | Buy (P) | +14,951 | $6.25 | $93.4K | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
GLQ Insider Holdings
4 insiders · @ $7.43
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Clifford John Weber | 6,228 | $46.3K | $21.5K | 3 | 2026-01-15 | |
| 2 | Vincent W Versaci | 3,282 | $24.4K | $68.8K | 15 | 2026-05-28 | |
| 3 | Karen Ann DiGravio | 2,500 | $18.6K | $17.9K | 3 | 2026-01-14 | |
| 4 | Kevin Joseph McNally | Trustee | 1,634 | $12.1K | $43.0K | 5 | 2026-01-15 |
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
ETF Holders
2 ETFs hold GLQ
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.