Technical Analysis for TCT.UN - Top 10 Canadian Financial Trust

Grade Last Price % Change Price Change
grade D 8.61 -0.12% -0.010
TCT.UN closed down 0.12 percent on Thursday, May 23, 2019, on 4.52 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical TCT.UN trend table...

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Volume Surge Other 0.00%
Narrow Range Bar Range Contraction 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction -0.12%
Gapped Up Strength -0.12%
Oversold Stochastic Weakness -0.12%
Volume Surge Other 0.12%
Narrow Range Bar Range Contraction 0.12%
Oversold Stochastic Weakness 0.12%

Older signals for TCT.UN ...

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Profile
Top 10 Canadian Financial Trust (the Fund) is a closed-end investment trust. The Fund's investment objectives are to provide unitholders with a stable stream of quarterly cash distributions in an amount targeted to be approximately 7.5% of the net asset value per unit and to return over $15.60 per unit to unitholders upon termination of the Fund. The Fund invests in a portfolio of securities consisting of common equity securities of the Canadian banks and the Canadian life insurance companies. The Fund may also invest in public investment funds, including exchange-traded funds and other Strathbridge Funds (provided that approximately 15% of the net asset value of the Fund may be invested in securities of other Strathbridge Funds) that provide exposure to such securities. It employs an investment strategy, Strathbridge Selective Overwriting (SSO). It invests in financials, cash and other assets. Strathbridge Asset Management Inc. (Strathbridge) is the investment manager of the Fund.
Finance Economy Money Investment Funds Investment Fund Mutual Fund Rate Of Return Exchange Traded Fund Life Insurance Net Asset Value Unit Investment Trust
Is TCT.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 10.69
52 Week Low 7.97
Average Volume 1,494
200-Day Moving Average 9.1252
50-Day Moving Average 8.7152
20-Day Moving Average 8.7515
10-Day Moving Average 8.697
Average True Range 0.0688
ADX 15.88
+DI 34.1689
-DI 42.0845
Chandelier Exit (Long, 3 ATRs ) 8.743599999999999
Chandelier Exit (Short, 3 ATRs ) 8.8064
Upper Bollinger Band 8.9396
Lower Bollinger Band 8.5634
Percent B (%b) 0.12
BandWidth 4.298692
MACD Line -0.0243
MACD Signal Line 0.0034
MACD Histogram -0.0277
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.610
Resistance 3 (R3) 8.610 8.610 8.610
Resistance 2 (R2) 8.610 8.610 8.610 8.610
Resistance 1 (R1) 8.610 8.610 8.610 8.610 8.610
Pivot Point 8.610 8.610 8.610 8.610 8.610
Support 1 (S1) 8.610 8.610 8.610 8.610 8.610
Support 2 (S2) 8.610 8.610 8.610 8.610
Support 3 (S3) 8.610 8.610 8.610
Support 4 (S4) 8.610