Technical Analysis for INC.UN - Income Financial Trust

Grade Last Price % Change Price Change
grade B 11.97 -0.25% -0.030
INC.UN closed down 0.25 percent on Friday, January 18, 2019, on 4.54 times normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. 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 INC.UN trend table...

Date Alert Name Type % Chg
Jan 18 Shooting Star Candlestick Bearish 0.00%
Jan 18 Volume Surge Other 0.00%
Jan 18 Narrow Range Bar Range Contraction 0.00%
Jan 18 Wide Bands Range Expansion 0.00%
Jan 18 Overbought Stochastic Strength 0.00%
Jan 17 1,2,3 Pullback Bullish Bullish Swing Setup -0.25%
Jan 17 180 Bullish Setup Bullish Swing Setup -0.25%
Jan 17 Boomer Buy Setup Bullish Swing Setup -0.25%
Jan 17 Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -0.25%
Jan 17 Narrow Range Bar Range Contraction -0.25%

Older signals for INC.UN ...

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:

Profile
Income Financial Trust (the Trust) is a mutual fund trust. The Trust's investment objective is to provide unitholders with a stable stream of monthly distributions by investing in a diversified portfolio consisting primarily of common shares issued by corporations whose shares are included in the S&P/ Toronto Stock Exchange (TSX) Capped Financials Index, the S&P Financials Index or the S&P MidCap Financials Index. The financial services companies in North America, in the banking, insurance, brokerage, investment management or specialty finance sectors, are held within the portfolio. Quadravest Capital Management Inc. (Quadravest) is the investment manager for the Trust.
Is INC.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 19.19
52 Week Low 9.1
Average Volume 3,473
200-Day Moving Average 13.854
50-Day Moving Average 10.8588
20-Day Moving Average 10.6915
10-Day Moving Average 11.704
Average True Range 0.3553
ADX 41.73
+DI 42.0851
-DI 12.261
Chandelier Exit (Long, 3 ATRs ) 11.4341
Chandelier Exit (Short, 3 ATRs ) 10.1659
Upper Bollinger Band 12.9226
Lower Bollinger Band 8.4604
Percent B (%b) 0.79
BandWidth 41.735958
MACD Line 0.4192
MACD Signal Line 0.2194
MACD Histogram 0.1998
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 12.195
Resistance 3 (R3) 12.220 12.170 12.158
Resistance 2 (R2) 12.170 12.113 12.158 12.145
Resistance 1 (R1) 12.070 12.077 12.045 12.045 12.132
Pivot Point 12.020 12.020 12.008 12.008 12.020
Support 1 (S1) 11.920 11.963 11.895 11.895 11.808
Support 2 (S2) 11.870 11.927 11.858 11.795
Support 3 (S3) 11.770 11.870 11.783
Support 4 (S4) 11.745