50% off all subscriptions! ... left. Order NowOrder Now

Calamos Strategic Total Return Fund Fund Forecast NASDAQ:CSQ

$18.87 (-2.08%)

Volume: 175k

Closed: Nov 26, 2021

Hollow Logo Score: -2.497

Calamos Strategic Total Return Fund Fund Forecast

$18.87 (-2.08%)

Volume: 175k

Closed: Nov 26, 2021

Score Hollow Logo -2.497
Which way will CSQ go? Request
Key Stats
Beta 0.89
Trailing Dividend Rate 6.22% ($1.17)
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 80 ] RSI14 is 30 and the fund is currently not being overbought or oversold

Weaker technical forecast for Calamos Strategic Total Return Fund as fund downgraded to Sell Candidate.
(Updated on Nov 26, 2021)


Sell candidate since 2021-11-19 Loss -2.53%

The Calamos Strategic Total Return Fund fund price fell by -2.08% on the last day (Friday, 26th Nov 2021) from $19.27 to $18.87. During the day the fund fluctuated 2.30% from a day low at $18.68 to a day high of $19.11. The price has risen in 5 of the last 10 days, but is still down by -1.82% for this period. Volume has increased on the last day by 34 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 175 thousand shares were bought and sold for approximately $3.30 million.

The fund lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the fund is expected to rise 4.94% during the next 3 months and, with a 90% probability hold a price between $18.96 and $20.72 at the end of this 3-month period.

Signals & Forecast

There are few to no technical positive signals at the moment. The Calamos Strategic Total Return Fund fund holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $19.21 and $18.87. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, November 08, 2021, and so far it has fallen -3.48%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the fund should be followed more closely.

Support, Risk & Stop-loss

Calamos Strategic Total Return Fund finds support from accumulated volume at $18.80 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the fund tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the fund moved $0.43 between high and low, or 2.30%. For the last week the fund has had a daily average volatility of 1.49%.

Our recommended stop-loss: We hold an negative evaluation for this stock. No stop-loss is set.

Is Calamos Strategic Total Return Fund fund A Buy?

The Calamos Strategic Total Return Fund fund holds several negative signals and despite the positive trend, we believe Calamos Strategic Total Return Fund will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this fund. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this fund since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -2.497

Predicted Opening Price for Calamos Strategic Total Return Fund of Monday, November 29, 2021

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

Fair opening price November 29, 2021 Current price
$18.89 $18.87 (Undervalued)
Sell Candidate Downgraded

Remember To Visit Our YouTube Channel

Volatility and Risk
Daily Average Volatility: 1.49 %
Overall Risk: Very High High Medium Low Very Low
Volatility
1.49 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $19.20
Price: $18.87
Support: $18.80

CSQ Insider Trading Show all Trades

INSIDER POWER

3.645

Last 93 transactions
Buy: 281 130 | Sell: 77 120 (Shares)
Date Action Amount Person Type
Feb 12, 2021 Buy 35 Koudounis John S. Common Stock
Feb 12, 2021 Buy 615 Koudounis John S. Common Stock
Feb 12, 2021 Buy 266 Koudounis John S. Common Stock
Feb 12, 2021 Buy 200 Koudounis John S. Common Stock
Feb 12, 2021 Buy 187 Koudounis John S. Common Stock
Show all Insider Trades
INSIDER POWER

3.645

Last 93 transactions
Buy: 281 130 | Sell: 77 120 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 19.32 2.37 %
19.15 1.50 %
19.05 0.96 %
Current price: 18.87
Support 18.72 -0.78 %
18.62 -1.32 %
18.46 -2.19 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 19.25 2.01 %
19.23 1.91 %
19.20 1.75 %
Current price 18.87
Support 18.80 -0.37%
18.65 -1.17%
17.99 -4.66%

Click to get the best stock tips daily for free!

About Calamos Strategic Total Return Fund

Calamos Strategic Total Return Fund is a closed-ended balanced mutual fund launched by Calamos Investments LLC. The fund is managed by Calamos Advisors LLC. It invests in the public equity and fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in common and preferred stocks of companies across all market capitalizations, convertible securities, ... Read more

Golden Star Signal

This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.

This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!

Get access to Golden Star list now!

StockInvest.usJoin 100 000+ Happy Subscribers

Don't miss out on the runners!

Get The StockInvest.Us Newsletter

StockInvest.usStock Podcast

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT