CALAMOS CONVERT OPPORT & INC (CHI) Stock Technical Analysis
USA - NASDAQ:CHI - US1281171082
We assign a technical rating of 5 out of 10 to CHI. CHI was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
CHI has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.96
We found 1 important support area.
- A support zone ranging from 10.06 to 10.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 11.18 to 11.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 12.12 to 12.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CHI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CHI is neutral. |
| ChartMill Relative Strength | 39.41 | NEUTRAL | CHI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CHI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CHI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CHI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.58 | NEUTRAL | The RSI value for CHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CHI has a negative trend. |
| Stochastics (14,3) | 55.45 | NEUTRAL | The Stochastics value for CHI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.69 | LOW VOLATILITY | The low ATR as a percentage value for CHI suggests low volalility. |
| Average Directional Index/ADX (14) | 20.01 | NEUTRAL | The ADX value for CHI suggests a possible start of a new trend. |
10.96
-0.3 (-2.66%)
CALAMOS CONVERT OPPORT & INC / CHI FAQ
What is the technical rating for CHI stock?
ChartMill assigns a technical rating of 5 / 10 to CHI.
Can you provide the trend direction for CALAMOS CONVERT OPPORT & INC?
The current trend direction for CALAMOS CONVERT OPPORT & INC (CHI) is Bullish.
What is the RSI signal for CALAMOS CONVERT OPPORT & INC (CHI) stock?
CALAMOS CONVERT OPPORT & INC (CHI) has an RSI value of 44.5824. This indicates that the stock is currently neutral.
What is the short term momentum for CHI stock?
The short term momentum for CALAMOS CONVERT OPPORT & INC (CHI) is neutral.