Technical Analysis for RAV.UN - Ravensource Fund

Grade Last Price % Change Price Change
grade A 16.51 -2.88% -0.490
RAV.UN closed down 2.88 percent on Tuesday, January 8, 2019, on 12 percent of 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 N/A Up Up
See historical RAV.UN trend table...

Date Alert Name Type % Chg
Jan 8 Narrow Range Bar Range Contraction 0.00%
Jan 8 Inside Day Range Contraction 0.00%
Jan 8 Wide Bands Range Expansion 0.00%
Jan 8 Overbought Stochastic Strength 0.00%
Jan 3 Slingshot Bullish Bullish Swing Setup -2.88%
Jan 3 Wide Range Bar Range Expansion -2.88%
Jan 3 Wide Bands Range Expansion -2.88%
Jan 3 Overbought Stochastic Strength -2.88%
Jan 3 Gapped Down Weakness -2.88%
Jan 2 New 52 Week Closing High Bullish -4.29%

Older signals for RAV.UN ...

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Profile
Ravensource Fund (the Fund), formerly, the First Asia Income Fund, is a Canada-based closed-end investment trust. The Fund's principal investment objective is to achieve absolute annual returns, with a focus on capital gains, through investment in selected North American securities that the investment manager may from time to time recommend as being a suitable investment for the Fund. The Fund focuses on investing primarily in North American high yield and distressed debt securities, and in equity securities. Stornoway Portfolio Management Inc. is the investment manager for the Fund.
Is RAV.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, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 17.25
52 Week Low 13.28
Average Volume 3,243
200-Day Moving Average 0.0
50-Day Moving Average 14.6258
20-Day Moving Average 15.206
10-Day Moving Average 16.23
Average True Range 0.3448
ADX 30.96
+DI 53.1622
-DI 36.7298
Chandelier Exit (Long, 3 ATRs ) 16.2156
Chandelier Exit (Short, 3 ATRs ) 14.7944
Upper Bollinger Band 17.5558
Lower Bollinger Band 12.8562
Percent B (%b) 0.78
BandWidth 30.906221
MACD Line 0.7011
MACD Signal Line 0.5049
MACD Histogram 0.1962
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 16.540
Resistance 3 (R3) 16.543 16.537 16.535
Resistance 2 (R2) 16.537 16.529 16.535 16.533
Resistance 1 (R1) 16.523 16.524 16.520 16.520 16.532
Pivot Point 16.517 16.517 16.515 16.515 16.517
Support 1 (S1) 16.503 16.509 16.500 16.500 16.488
Support 2 (S2) 16.497 16.504 16.495 16.487
Support 3 (S3) 16.483 16.497 16.485
Support 4 (S4) 16.480