Technical Analysis for EIT.UN - Canoe EIT Income Fund

Grade Last Price % Change Price Change
A 14.230 0.78% 0.110
EIT.UN closed up 0.78 percent on Friday, May 17, 2024, on approximately normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
New 52 Week High Strength 0.00%
Upper Bollinger Band Walk Strength 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%
Upper Bollinger Band Touch Strength 0.00%
New 52 Week Closing High Bullish 0.78%

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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 14.23
52 Week Low 12.16
Average Volume 163,226
200-Day Moving Average 13.095
50-Day Moving Average 13.743
20-Day Moving Average 13.835
10-Day Moving Average 13.962
Average True Range 0.100
RSI (14) 82.11
ADX 27.64
+DI 34.470
-DI 10.928
Chandelier Exit (Long, 3 ATRs) 13.930
Chandelier Exit (Short, 3 ATRs) 13.850
Upper Bollinger Bands 14.156
Lower Bollinger Band 13.514
Percent B (%b) 1.11
BandWidth 4.643
MACD Line 0.115
MACD Signal Line 0.075
MACD Histogram 0.0396
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 14.425
Resistance 3 (R3) 14.403 14.317 14.393
Resistance 2 (R2) 14.317 14.267 14.328 14.382
Resistance 1 (R1) 14.273 14.236 14.295 14.295 14.371
Pivot Point 14.187 14.187 14.198 14.198 14.187
Support 1 (S1) 14.143 14.137 14.165 14.165 14.089
Support 2 (S2) 14.057 14.106 14.068 14.078
Support 3 (S3) 14.013 14.057 14.068
Support 4 (S4) 14.035