Technical Analysis for CCI.UN - Canadian Convertibles Plus Fund

Grade Last Price % Change Price Change
grade C 5.06 1.20% 0.060
CCI.UN closed up 1.2 percent on Friday, January 18, 2019, on 7 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Up Up
See historical CCI.UN trend table...

Date Alert Name Type % Chg
Jan 18 180 Bullish Setup Bullish Swing Setup 0.00%
Jan 18 Calm After Storm Range Contraction 0.00%
Jan 18 Narrow Range Bar Range Contraction 0.00%
Jan 18 Gapped Up Strength 0.00%
Jan 18 Overbought Stochastic Strength 0.00%
Jan 17 Calm After Storm Range Contraction 1.20%
Jan 17 Narrow Range Bar Range Contraction 1.20%
Jan 17 Overbought Stochastic Strength 1.20%
Jan 16 Stochastic Reached Overbought Strength 0.60%
Jan 16 Overbought Stochastic Strength 0.60%

Older signals for CCI.UN ...

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Profile
First Asset Canadian Convertibles Fund, formerly Canadian Advantaged Convertibles Fund, is a Canada-based closed-end investment fund. The Fund's investment objectives are to provide holders of units with quarterly distributions and the opportunity for capital appreciation. The Fund's portfolio consists of convertible debentures of Canadian issuers. The Fund obtains economic exposure to the portfolio through the forward agreement. The Fund invests in a portfolio of sectors, such as financials; energy; industrials; utilities; materials; information technology; consumer discretionary; healthcare; consumer staples; cash, cash equivalents and others, and investment fund. First Asset Investment Management Inc. is the manager and investment advisor of the Fund.
Is CCI.UN a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 1 bullish, 1 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 5.99
52 Week Low 4.72
Average Volume 6,742
200-Day Moving Average 5.388
50-Day Moving Average 4.9744
20-Day Moving Average 4.9025
10-Day Moving Average 4.881
Average True Range 0.0547
ADX 24.24
+DI 41.3086
-DI 26.3158
Chandelier Exit (Long, 3 ATRs ) 4.8959
Chandelier Exit (Short, 3 ATRs ) 4.8841
Upper Bollinger Band 5.1264
Lower Bollinger Band 4.6786
Percent B (%b) 0.85
BandWidth 9.134115
MACD Line -0.0002
MACD Signal Line -0.0319
MACD Histogram 0.0317
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 5.090
Resistance 3 (R3) 5.087 5.073 5.085
Resistance 2 (R2) 5.073 5.066 5.075 5.083
Resistance 1 (R1) 5.067 5.061 5.070 5.070 5.082
Pivot Point 5.053 5.053 5.055 5.055 5.053
Support 1 (S1) 5.047 5.046 5.050 5.050 5.038
Support 2 (S2) 5.033 5.041 5.035 5.037
Support 3 (S3) 5.027 5.033 5.035
Support 4 (S4) 5.030