Technical Analysis for SKG.UN - Skylon Growth & Income Trust

Grade Last Price % Change Price Change
grade C 7.22 0.42% 0.030
SKG.UN closed up 0.42 percent on Thursday, March 21, 2019, on 4 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 SKG.UN trend table...

Date Alert Name Type % Chg
Mar 21 Narrow Range Bar Range Contraction 0.00%
Mar 21 NR7 Range Contraction 0.00%
Mar 21 Inside Day Range Contraction 0.00%
Mar 21 Overbought Stochastic Strength 0.00%
Mar 20 Overbought Stochastic Strength 0.42%
Mar 20 Upper Bollinger Band Touch Strength 0.42%
Mar 19 Narrow Range Bar Range Contraction -0.41%
Mar 19 Stochastic Reached Overbought Strength -0.41%
Mar 19 Upper Bollinger Band Walk Strength -0.41%
Mar 19 Above Upper BB Strength -0.41%

Older signals for SKG.UN ...

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Profile
Skylon Growth & Income Trust (the Trust) is a Canada-based closed-end investment trust. The investment objectives of the Trust are to provide unitholders with monthly distributions, endeavor to preserve capital throughout the life of the Trust and enhance the long-term total return of the portfolio of the Trust. The Trust invests in mortgage-related and other asset-backed securities. These securities include mortgage pass-through securities, collateralized mortgage obligations, commercial mortgage backed securities, asset-backed securities, collateralized debt obligations and other securities that directly or indirectly represent a participation in, or are secured by and payable from, mortgage loans on real property. CI Investments Inc. acts as investment manager of the Trust. Signature Global Asset Management, a division of CI Investments Inc., is the investment advisor of the Trust.
Finance Money Funds Financial Markets Mortgage Backed Security United States Housing Bubble Income Trust Structured Finance Financial Law Collateralized Debt Obligation Asset Backed Security
Is SKG.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: 2 bullish, 1 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 8.31
52 Week Low 6.47
Average Volume 4,740
200-Day Moving Average 7.4621
50-Day Moving Average 7.0044
20-Day Moving Average 7.1375
10-Day Moving Average 7.167
Average True Range 0.0517
ADX 25.88
+DI 42.047
-DI 25.5602
Chandelier Exit (Long, 3 ATRs ) 7.0949
Chandelier Exit (Short, 3 ATRs ) 7.1351
Upper Bollinger Band 7.2539
Lower Bollinger Band 7.0211
Percent B (%b) 0.85
BandWidth 3.261646
MACD Line 0.0566
MACD Signal Line 0.0523
MACD Histogram 0.0043
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 7.220
Resistance 3 (R3) 7.220 7.220 7.220
Resistance 2 (R2) 7.220 7.220 7.220 7.220
Resistance 1 (R1) 7.220 7.220 7.220 7.220 7.220
Pivot Point 7.220 7.220 7.220 7.220 7.220
Support 1 (S1) 7.220 7.220 7.220 7.220 7.220
Support 2 (S2) 7.220 7.220 7.220 7.220
Support 3 (S3) 7.220 7.220 7.220
Support 4 (S4) 7.220