RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CSQ
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Green day on Wednesday for Calamos Strategic Total Return Fund stock after gaining 0.184%
(Updated on Mar 27, 2024)

Buy or Hold candidate since Dec 13, 2023 Gain 12.39% PDF

The Calamos Strategic Total Return Fund stock price gained 0.184% on the last trading day (Wednesday, 27th Mar 2024), rising from $16.30 to $16.33. During the last trading day the stock fluctuated 0.676% from a day low at $16.27 to a day high of $16.38. The price has risen in 6 of the last 10 days and is up by 1.24% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 48 thousand more shares were traded than the day before. In total, 154 thousand shares were bought and sold for approximately $2.52 million.

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 10.45% during the next 3 months and, with a 90% probability hold a price between $17.69 and $18.19 at the end of this 3-month period.

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CSQ Signals & Forecast

The Calamos Strategic Total Return 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 $16.28 and $15.95. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, March 22, 2024, and so far it has fallen -0.366%. 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).

Support, Risk & Stop-loss for Calamos Strategic Total Return Fund stock

Calamos Strategic Total Return Fund finds support from accumulated volume at $15.68 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.110 between high and low, or 0.676%. For the last week the stock has had daily average volatility of 0.706%.

Our recommended stop-loss: $15.69 (-3.94%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 3 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect Calamos Strategic Total Return Fund to open at $16.33, and during the day (based on 14 day Average True Range), to move between $16.16 and $16.50, which gives a possible trading interval of +/-$0.173 (+/-1.06%) up or down from last closing price. If Calamos Strategic Total Return Fund takes out the full calculated possible swing range there will be an estimated 2.12% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $16.36 (0.18%) than the support at $15.68 (3.98%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Calamos Strategic Total Return Fund stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Calamos Strategic Total Return Fund stock to perform well in the short-term.

Current score: 2.350 Buy Candidate Unchanged

Predicted Opening Price for Calamos Strategic Total Return Fund of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$16.33 ( 0.0204%) $16.33

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

Trading levels for CSQ

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 16.44 0.653 %
R2 16.39 0.396 %
R1 16.37 0.237 %
Current price: 16.33
Support S1 16.28 -0.278 %
S2 16.26 -0.437 %
S3 16.22 -0.694 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 16.39 0.367 %
R1 16.36 0.184 %
Current price 16.33
Support S1 15.68 -3.98%
S2 15.64 -4.23%
S3 15.03 -7.96%

CSQ Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 13, 2024 Mar 13, 2024 Mar 21, 2024 $0.103 0.627%
2 Feb 01, 2024 Feb 09, 2024 Feb 20, 2024 $0.103 0.657%
3 Dec 18, 2023 Dec 28, 2023 Jan 11, 2024 $0.103 0.678%
4 Dec 01, 2023 Dec 11, 2023 Dec 18, 2023 $0.103 0.695%
5 Nov 01, 2023 Nov 13, 2023 Nov 20, 2023 $0.103 0.736%

FAQ

What is the symbol for Calamos Strategic Total Return Fund Stock and on which exchange is it traded?
The symbol for Calamos Strategic Total Return Fund is CSQ and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Calamos Strategic Total Return Fund Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Calamos Strategic Total Return Fund stock to perform well in the short-term.

How to buy Calamos Strategic Total Return Fund Stock?
Calamos Strategic Total Return 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 Strategic Total Return Fund Stock.

What's the current price of Calamos Strategic Total Return Fund Stock?
As of the end of day on the 2024-03-27, the price of an Calamos Strategic Total Return Fund (CSQ) share was $16.33.

What is the 52-week high and low for Calamos Strategic Total Return Fund Stock?
The 52-week high for Calamos Strategic Total Return Fund Stock is $16.45 and the 52-week low is $12.50.

What is the market capitalization of Calamos Strategic Total Return Fund Stock?
As of the 2024-03-27, the market capitalization of Calamos Strategic Total Return Fund is 2.59B.
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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, ... CSQ Profile

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