Technical Analysis for DCD.UN - First Asset Diversified Convertible Debenture Fund

Grade Last Price % Change Price Change
grade D 12.69 -0.55% -0.070
DCD.UN closed down 0.55 percent on Friday, December 7, 2018, on 2.26 times normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical DCD.UN trend table...

Date Alert Name Type % Chg
Dec 7 New 52 Week Closing Low Bearish 0.00%
Dec 7 1,2,3 Retracement Bearish Bearish Swing Setup 0.00%
Dec 7 Expansion Breakdown Bearish Swing Setup 0.00%
Dec 7 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Dec 7 Reversal New Lows Setup Bearish Swing Setup 0.00%
Dec 7 New 52 Week Low Weakness 0.00%
Dec 7 Outside Day Range Expansion 0.00%
Dec 7 Oversold Stochastic Weakness 0.00%
Dec 6 1,2,3 Retracement Bearish Bearish Swing Setup -0.55%
Dec 6 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -0.55%

Older signals for DCD.UN ...

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Profile
First Asset Diversified Convertible Debenture Fund is an investment trust, which provides Unitholders with quarterly cash distributions and the opportunity for capital appreciation. The Fund's investment objectives are to provide Holders with quarterly cash distributions together with the opportunity for capital appreciation. The Fund's portfolio consists of an actively managed portfolio consisting primarily of bonds and debentures which can be converted into equity securities at the option of the holder and/or issuer at a specified price (Convertible Debentures) and other securities of publicly listed issuers (including in particular equity securities acquired upon conversion of Convertible Debentures). The Fund invests in a range of sectors, including industrials, financials, energy, utilities, materials, information technology and consumer discretionary. First Asset Investment Management Inc. serves as the investment advisor for the Fund.
Finance Economy Money Energy Corporate Finance Information Technology Stock Market Equity Securities Security Bond Capital Appreciation Convertible Bond Debenture
Is DCD.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: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 14.0
52 Week Low 12.69
Average Volume 2,126
200-Day Moving Average 13.4924
50-Day Moving Average 13.2728
20-Day Moving Average 12.9685
10-Day Moving Average 12.841
Average True Range 0.0774
ADX 36.0
+DI 28.6071
-DI 48.559
Chandelier Exit (Long, 3 ATRs ) 13.0678
Chandelier Exit (Short, 3 ATRs ) 12.9222
Upper Bollinger Band 13.2999
Lower Bollinger Band 12.6371
Percent B (%b) 0.08
BandWidth 5.110846
MACD Line -0.1476
MACD Signal Line -0.1276
MACD Histogram -0.02
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 12.915
Resistance 3 (R3) 12.940 12.890 12.878
Resistance 2 (R2) 12.890 12.833 12.878 12.865
Resistance 1 (R1) 12.790 12.797 12.765 12.765 12.852
Pivot Point 12.740 12.740 12.728 12.728 12.740
Support 1 (S1) 12.640 12.683 12.615 12.615 12.528
Support 2 (S2) 12.590 12.647 12.578 12.515
Support 3 (S3) 12.490 12.590 12.503
Support 4 (S4) 12.465