CALAMOS GLOBAL DYNAMIC INCOM (CHW) Stock Technical Analysis
NASDAQ:CHW - US12811L1070
7.24 USD
-0.07 (-0.96%)
We assign a technical rating of 6 out of 10 to CHW. Although CHW is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
CHW is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When compared to the yearly performance of all other stocks, CHW outperforms 52% of them, which is more or less in line with the market.
In the last month CHW has a been trading in a tight range between 7.07 and 7.34.
Although the technical rating is only medium, CHW does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 7.24, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
5.84
7.40
When analyzing the support we can see 3 important areas.
- A support zone ranging from 7.06 to 7.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.77 to 6.79. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @5.90 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.24 to 7.33. This zone is formed by a combination of multiple trend lines and important moving averages 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 CHW is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CHW is neutral. |
| ChartMill Relative Strength | 52.76 | NEUTRAL | CHW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CHW is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CHW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CHW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.41 | NEUTRAL | The RSI value for CHW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CHW has a negative trend. |
| Stochastics (14,3) | 81.48 | OVERBOUGHT | The high Stochastics value suggests CHW may be overbought. |
| Average True Range in percent/ATR (20) | 1.13 | LOW VOLATILITY | The low ATR as a percentage value for CHW suggests low volalility. |
| Average Directional Index/ADX (14) | 12.93 | NEGATIVE | The low ADX value for CHW suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 7.34 | 7.06 | 0.28 (3.81%) | 25.00% |
| An entry @7.34. This is a Buy Stop order right above the resistance zone. | An exit @7.06. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.28 points, which is 3.81%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.95%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:CHW (9/2/2025, 4:30:00 PM)
7.24
-0.07 (-0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.96%
1 Week-0.14%
2 Weeks-0.69%
1 Month1.69%
3 Month5.08%
6 Month6.31%
12 Month7.42%
2 Year30.69%
3 Year19.28%
5 Year-10.95%
10 Year4.02%
15 Year-10.51%
Volatility
ATR(14)0.09
ATR(20)%1.13%
ATR Inc25.33%
Range Today0.1
ADR(20)0.08
ADR(20)%1.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.76
Mansfield-0.29
10 Day High7.34
10 Day Low7.07
20 Day High7.34
20 Day Low7.07
52 Week High7.35
52 Week Low5.35
CS1 End7.24
CR1 Start7.24
Volume & EV
DER(3)-5.2%
DER(5)-8.14%
Volume190.12K
Volume Incr27.16%
Vol(5)218.43K
Vol(50)166.14K