Technical Analysis for EIT.UN - Canoe EIT Income Fund

Grade Last Price % Change Price Change
grade B 11.13 0.36% 0.040
EIT.UN closed up 0.36 percent on Friday, January 18, 2019, on 1.28 times normal volume. 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.

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

Date Alert Name Type % Chg
Jan 18 Pocket Pivot Bullish Swing Setup 0.00%
Jan 18 Spinning Top Other 0.00%
Jan 18 Overbought Stochastic Strength 0.00%
Jan 18 Up 3 Days in a Row Strength 0.00%
Jan 18 Up 4 Days in a Row Strength 0.00%
Jan 17 New Uptrend Bullish 0.36%
Jan 17 Overbought Stochastic Strength 0.36%
Jan 17 Up 3 Days in a Row Strength 0.36%
Jan 16 Narrow Range Bar Range Contraction 1.46%
Jan 16 Overbought Stochastic Strength 1.46%

Older signals for EIT.UN ...

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Profile
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.
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
Summary: Counts: 3 bullish, 1 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 12.16
52 Week Low 9.04
Average Volume 204,019
200-Day Moving Average 11.5589
50-Day Moving Average 10.8286
20-Day Moving Average 10.489
10-Day Moving Average 10.859
Average True Range 0.231
ADX 26.79
+DI 27.9206
-DI 24.3265
Chandelier Exit (Long, 3 ATRs ) 10.487
Chandelier Exit (Short, 3 ATRs ) 9.732999999999999
Upper Bollinger Band 11.4745
Lower Bollinger Band 9.5035
Percent B (%b) 0.83
BandWidth 18.791115
MACD Line 0.0811
MACD Signal Line -0.0251
MACD Histogram 0.1063
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 11.325
Resistance 3 (R3) 11.320 11.250 11.293
Resistance 2 (R2) 11.250 11.200 11.253 11.282
Resistance 1 (R1) 11.190 11.170 11.220 11.195 11.271
Pivot Point 11.120 11.120 11.135 11.123 11.120
Support 1 (S1) 11.060 11.070 11.090 11.065 10.989
Support 2 (S2) 10.990 11.040 10.993 10.978
Support 3 (S3) 10.930 10.990 10.968
Support 4 (S4) 10.935