CALAMOS CONVERT & HIGH INC (CHY) Stock Technical Analysis
USA - NASDAQ:CHY - US12811P1084
11.35 USD
+0.12 (+1.07%)
11.35 USD
0 (0%)
We assign a technical rating of 7 out of 10 to CHY. Although CHY is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
When compared to the yearly performance of all other stocks, CHY outperforms 40% of them, which is more or less in line with the market.
CHY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CHY is lagging the market.
In the last month CHY has a been trading in a tight range between 10.73 and 11.35.
Although CHY has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
10.36
12.70
We found 2 important support areas.
- A support zone ranging from 10.74 to 11.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.46 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @12.09 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 12.40 to 12.57. 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 CHY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CHY is up. |
| ChartMill Relative Strength | 40.98 | NEUTRAL | CHY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CHY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CHY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CHY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 70.89 | OVERBOUGHT | The high RSI value suggests CHY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CHY has a positive trend. |
| Stochastics (14,3) | 93.38 | OVERBOUGHT | The high Stochastics value suggests CHY may be overbought. |
| Average True Range in percent/ATR (20) | 0.91 | LOW VOLATILITY | The low ATR as a percentage value for CHY suggests low volalility. |
| Average Directional Index/ADX (14) | 18.72 | NEGATIVE | The low ADX value for CHY 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)
11.35
+0.12 (+1.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.07%
1 Week1.07%
2 Weeks3.28%
1 Month5.58%
3 Month7.89%
6 Month8.82%
12 Month-4.78%
2 Year1.7%
3 Year12.49%
5 Year-2.83%
10 Year4.42%
15 Year-12.08%
Volatility
ATR(14)0.1
ATR(20)%0.91%
ATR Inc0.57%
Range Today0.1
ADR(20)0.1
ADR(20)%0.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.98
Mansfield-0.88
10 Day High11.35
10 Day Low10.99
20 Day High11.35
20 Day Low10.73
52 Week High12.59
52 Week Low8.99
CS1 End11.18
CR1 Start12.09
Volume & EV
DER(3)-0.69%
DER(5)-1.9%
Volume241.50K
Volume Incr1.31%
Vol(5)188.74K
Vol(50)198.22K