CALAMOS GLOBAL DYNAMIC INCOM (CHW) Stock Technical Analysis
NASDAQ:CHW - Nasdaq - US12811L1070 - Currency: USD
Taking everything into account, CHW scores 6 out of 10 in our technical rating. In the past year, CHW was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month CHW has a been trading in the 6.26 - 6.85 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, CHW outperforms 49% of them, which is more or less in line with the market.
CHW is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CHW is lagging the market slightly.
CHW has an average technical rating and also the quality of the setup is only medium 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
5.72
7.23
2 important support areas can be observed.
- A support zone ranging from 6.75 to 6.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.78 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 6.81 to 7.16. 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 | NEUTRAL | NEUTRAL | The long term trend for CHW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CHW is up. |
| ChartMill Relative Strength | 49.07 | NEUTRAL | CHW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CHW is above 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 | MIXED | The current price of CHW is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.36 | NEUTRAL | The RSI value for CHW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CHW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.51 | OVERBOUGHT | The high Stochastics value suggests CHW may be overbought. |
| Average True Range in percent/ATR (20) | 1.41 | LOW VOLATILITY | The low ATR as a percentage value for CHW suggests low volalility. |
| Average Directional Index/ADX (14) | 20.32 | NEUTRAL | The ADX value for CHW suggests a possible start of a new 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 |
|---|---|---|---|
| 6.86 | 6.74 | 0.12 (1.75%) | 25.00% |
| An entry @6.86. This is a Buy Stop order right above the 10 day high. | An exit @6.74. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.12 points, which is 1.75%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.44%. |
- The distance between exit and entry is rather small compared to the average daily movement of CHW. Please evaluate whether better entry and exit points can be found.
- 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 (5/22/2025, 8:00:00 PM)
6.76
-0.02 (-0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.29%
1 Week0.3%
2 Weeks2.74%
1 Month6.96%
3 Month-3.01%
6 Month-3.7%
12 Month1.35%
2 Year19.22%
3 Year-9.99%
5 Year-3.15%
10 Year-24.55%
15 Year-4.79%
Volatility
ATR(14)0.09
ATR(20)%1.41%
ATR Inc-3.49%
Range Today0.09
ADR(20)0.09
ADR(20)%1.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.07
Mansfield-0.34
10 Day High6.85
10 Day Low6.56
20 Day High6.85
20 Day Low6.26
52 Week High7.35
52 Week Low5.35
CS1 End6.76
CR1 Start6.81
Volume & EV
DER(3)-1.2%
DER(5)-2.17%
Volume272.20K
Volume Incr35.51%
Vol(5)139.56K
Vol(50)204.32K