RSI low/high Values: [ 25 - 75 ]
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AI Analysis of CHW
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Calamos Global Dynamic Income Fund stock upgraded from Buy Candidate to Strong Buy Candidate after Wednesday trading session.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Dec 13, 2023 Gain 14.96% PDF

The Calamos Global Dynamic Income Fund stock price gained 0.307% on the last trading day (Wednesday, 27th Mar 2024), rising from $6.51 to $6.53. During the last trading day the stock fluctuated 1.24% from a day low at $6.46 to a day high of $6.54. The price has risen in 6 of the last 10 days and is up by 1.4% over the past 2 weeks. Volume fell on the last day by -47 thousand shares and in total, 197 thousand shares were bought and sold for approximately $1.29 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a narrow and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 14.22% during the next 3 months and, with a 90% probability hold a price between $7.40 and $7.63 at the end of this 3-month period.

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CHW Signals & Forecast

The Calamos Global Dynamic Income Fund stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $6.48 and $6.27. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, January 03, 2024, and so far it has risen 14.76%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. The stock had a Golden Star Signal on Thursday, June 29, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Thursday, June 29, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Calamos Global Dynamic Income Fund stock

Calamos Global Dynamic Income Fund finds support from accumulated volume at $6.51 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0.0800 between high and low, or 1.24%. For the last week the stock has had daily average volatility of 0.90%

Our recommended stop-loss: $6.32 (-3.16%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 58 days ago.)

Trading Expectations (CHW) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Calamos Global Dynamic Income Fund to open at $6.51, and during the day (based on 14 day Average True Range), to move between $6.46 and $6.60, which gives a possible trading interval of +/-$0.0727 (+/-1.11%) up or down from last closing price. If Calamos Global Dynamic Income Fund takes out the full calculated possible swing range there will be an estimated 2.23% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $6.51, some $0.0200 (0.31%) from the current price of $6.53, our system finds the risk reward attractive.

Is Calamos Global Dynamic Income Fund stock A Buy?

Calamos Global Dynamic Income Fund holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 6.590 Strong Buy Candidate Upgraded

Predicted Opening Price for Calamos Global Dynamic Income Fund of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$6.51 ( 0.306%) $6.53

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for CHW

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 6.59 0.92 %
R2 6.56 0.451 %
R1 6.54 0.162 %
Current price: 6.53
Support S1 6.48 -0.774 %
S2 6.46 -1.06 %
S3 6.43 -1.53 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 6.53
Support S1 6.51 -0.306%
S2 6.34 -2.91%
S3 6.11 -6.43%

CHW Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 13, 2024 Mar 13, 2024 Mar 21, 2024 $0.0500 0.768%
2 Feb 01, 2024 Feb 09, 2024 Feb 20, 2024 $0.0500 0.82%
3 Dec 18, 2023 Dec 28, 2023 Jan 11, 2024 $0.0500 0.86%
4 Dec 01, 2023 Dec 11, 2023 Dec 18, 2023 $0.0500 0.87%
5 Nov 01, 2023 Nov 13, 2023 Nov 20, 2023 $0.0500 0.88%

FAQ

What is the symbol for Calamos Global Dynamic Income Fund Stock and on which exchange is it traded?
The symbol for Calamos Global Dynamic Income Fund is CHW and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Calamos Global Dynamic Income Fund Stock?
Calamos Global Dynamic Income Fund holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

How to buy Calamos Global Dynamic Income Fund Stock?
Calamos Global Dynamic Income Fund Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Calamos Global Dynamic Income Fund Stock.

What's the current price of Calamos Global Dynamic Income Fund Stock?
As of the end of day on the 2024-03-27, the price of an Calamos Global Dynamic Income Fund (CHW) share was $6.53.

What is the 52-week high and low for Calamos Global Dynamic Income Fund Stock?
The 52-week high for Calamos Global Dynamic Income Fund Stock is $6.54 and the 52-week low is $5.07.

What is the market capitalization of Calamos Global Dynamic Income Fund Stock?
As of the 2024-03-27, the market capitalization of Calamos Global Dynamic Income Fund is 416.827M.
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About Calamos Global Dynamic Income Fund

Calamos Global Dynamic Income Fund is a closed ended balanced mutual fund launched by Calamos Investments LLC. The fund is managed by Calamos Advisors LLC. It invests in public equity and fixed income markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in growth stocks of companies across all market capitalizations, as well as in higher yield corporate bonds, gov... CHW Profile

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