Technical Analysis for RBN.UN - Blue Ribbon Income Fund

Grade Last Price % Change Price Change
grade B 8.1 0.25% 0.020
RBN.UN closed up 0.25 percent on Friday, January 18, 2019, on 58 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. 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 RBN.UN trend table...

Date Alert Name Type % Chg
Jan 18 Narrow Range Bar Range Contraction 0.00%
Jan 18 NR7 Range Contraction 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 18 Up 5 Days in a Row Strength 0.00%
Jan 17 Upper Bollinger Band Walk Strength 0.25%
Jan 17 Overbought Stochastic Strength 0.25%
Jan 17 Up 3 Days in a Row Strength 0.25%
Jan 17 Up 4 Days in a Row Strength 0.25%

Older signals for RBN.UN ...

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Profile
Blue Ribbon Income Fund (the Fund) is a Canada-based closed-end investment trust. The Fund's investment objectives are to provide unitholders with high monthly distributions and low management fees, together with the opportunity for capital appreciation. The Fund focuses on providing a high level of monthly distributions and the opportunity to participate in capital gains by managing a portfolio of publicly listed or traded securities, including income trusts, royalty trusts, real estate investment trusts, common shares, preferred securities and debt instruments. The Fund invests in a portfolio of sectors, such as consumer staples and discretionary; financial; healthcare; industrial; materials; oil and gas; pipe, power, utilities and infrastructure; real estate, and short-term investments. Its portfolio is managed by Bloom Investment Counsel, Inc., which is the investment manager of the Fund.
Is RBN.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 9.77
52 Week Low 7.12
Average Volume 18,159
200-Day Moving Average 8.6349
50-Day Moving Average 7.8318
20-Day Moving Average 7.594
10-Day Moving Average 7.858
Average True Range 0.1517
ADX 33.34
+DI 26.1173
-DI 13.4636
Chandelier Exit (Long, 3 ATRs ) 7.6949
Chandelier Exit (Short, 3 ATRs ) 7.5751
Upper Bollinger Band 8.1955
Lower Bollinger Band 6.9925
Percent B (%b) 0.92
BandWidth 15.841454
MACD Line 0.083
MACD Signal Line -0.0084
MACD Histogram 0.0914
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.190
Resistance 3 (R3) 8.197 8.173 8.175
Resistance 2 (R2) 8.173 8.150 8.170 8.170
Resistance 1 (R1) 8.137 8.136 8.125 8.130 8.165
Pivot Point 8.113 8.113 8.108 8.110 8.113
Support 1 (S1) 8.077 8.090 8.065 8.070 8.035
Support 2 (S2) 8.053 8.076 8.050 8.030
Support 3 (S3) 8.017 8.053 8.025
Support 4 (S4) 8.010