Technical Analysis for EIT.UN - Canoe EIT Income Fund

Grade Last Price % Change Price Change
A 13.930 0.22% 0.030
EIT.UN closed up 0.22 percent on Friday, May 10, 2024, on approximately normal volume. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
0 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
New 52 Week High Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
BB Squeeze Ended Range Expansion 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%

   Recent Intraday Alerts

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Canoe EIT Income Fund Description

Canoe EIT Income Fund, formerly EnerVest Diversified Income Trust, is a closed-ended investment trust. The Fund's investment objective is to maximize monthly distributions relative to risk and maximize net asset value while maintaining and expanding a diversified investment portfolio, primarily through acquiring, investing, holding, transferring, disposing of or otherwise dealing with or in equity and debt securities of corporations, partnerships, or other issuers and such other investments. It invests in securities of publicly traded real estate investment trusts, qualified limited partnerships, corporations and similar issuers, corporate debt, convertible debentures and preferred shares of issuers engaged in businesses in various industries and geographic regions. It invests in various sectors, including financials, energy, technology, consumer products, utilities, industrials, consumer services, healthcare and telecommunication services. Canoe Financial LP is the Fund's manager.


Classification

Keywords: Financial Markets Energy Security Financial Health Real Estate Debt Healthcare Real Estate Investment Trust Investment Trust Real Estate Investment Ships Partnership Utilities Limited Partnership Net Asset Value Income Trust Consumer Products Financials Debenture Real Estate Investment Trusts Taxation In Canada Communication Services Partnerships Telecommunication Services

Is EIT.UN a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 13.95
52 Week Low 12.16
Average Volume 160,598
200-Day Moving Average 13.068
50-Day Moving Average 13.671
20-Day Moving Average 13.750
10-Day Moving Average 13.780
Average True Range 0.097
RSI (14) 69.04
ADX 23.3
+DI 22.713
-DI 16.284
Chandelier Exit (Long, 3 ATRs) 13.659
Chandelier Exit (Short, 3 ATRs) 13.841
Upper Bollinger Bands 13.899
Lower Bollinger Band 13.601
Percent B (%b) 1.1
BandWidth 2.167
MACD Line 0.056
MACD Signal Line 0.042
MACD Histogram 0.0144
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 14.020
Resistance 3 (R3) 14.017 13.983 14.005
Resistance 2 (R2) 13.983 13.960 13.985 14.000
Resistance 1 (R1) 13.957 13.946 13.970 13.960 13.995
Pivot Point 13.923 13.923 13.930 13.925 13.923
Support 1 (S1) 13.897 13.900 13.910 13.900 13.865
Support 2 (S2) 13.863 13.886 13.865 13.860
Support 3 (S3) 13.837 13.863 13.855
Support 4 (S4) 13.840