Technical Analysis for FRL.UN - Senior Secured Floating Rate Loan Fund

Grade Last Price % Change Price Change
grade F 8.48 -0.35% -0.030
FRL.UN closed down 0.35 percent on Friday, January 18, 2019, on 1.29 times 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 Down Flat
See historical FRL.UN trend table...

Date Alert Name Type % Chg
Jan 18 Weak + Overbought Other 0.00%
Jan 18 Overbought Stochastic Strength 0.00%
Jan 18 Gapped Down Weakness 0.00%
Jan 17 Stochastic Sell Signal Bearish -0.35%
Jan 17 Weak + Overbought Other -0.35%
Jan 17 Overbought Stochastic Strength -0.35%
Jan 16 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -0.70%
Jan 16 Narrow Range Bar Range Contraction -0.70%
Jan 16 NR7 Range Contraction -0.70%
Jan 16 Weak + Overbought Other -0.70%

Older signals for FRL.UN ...

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Profile
Senior Secured Floating Rate Loan Fund is a closed-end investment trust. The Fund's investment objectives are to provide holders of Units (Unitholders) with stable monthly cash distributions; preservation of capital, and increased returns in the event that short-term interest rates rise. The Fund was created to invest in an actively managed portfolio consisting primarily of first lien senior secured floating rate corporate loans (First Lien Senior Secured Loans or Senior Secured Loans) of the United States borrowers rated B- or higher by Standard & Poor's (S&P) or B3 or higher by Moody's Investor Services, Inc. The Fund invests in bonds, term loans, derivatives and other assets/liabilities. Fiera Capital Corporation manages the Fund.
Is FRL.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, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 9.52
52 Week Low 8.17
Average Volume 9,044
200-Day Moving Average 9.1597
50-Day Moving Average 8.6798
20-Day Moving Average 8.4355
10-Day Moving Average 8.5
Average True Range 0.0546
ADX 21.57
+DI 25.4789
-DI 33.1409
Chandelier Exit (Long, 3 ATRs ) 8.466200000000001
Chandelier Exit (Short, 3 ATRs ) 8.3338
Upper Bollinger Band 8.6038
Lower Bollinger Band 8.2672
Percent B (%b) 0.63
BandWidth 3.990279
MACD Line -0.0385
MACD Signal Line -0.0683
MACD Histogram 0.0297
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.540
Resistance 3 (R3) 8.540 8.520 8.530
Resistance 2 (R2) 8.520 8.505 8.520 8.527
Resistance 1 (R1) 8.500 8.495 8.490 8.500 8.523
Pivot Point 8.480 8.480 8.475 8.480 8.480
Support 1 (S1) 8.460 8.465 8.450 8.460 8.437
Support 2 (S2) 8.440 8.455 8.440 8.433
Support 3 (S3) 8.420 8.440 8.430
Support 4 (S4) 8.420