Virtus Convertible & Income Fund Trust Forecast

Sell candidate since Jul 23, 2026

The Virtus Convertible & Income Fund trust price fell by -0.772% on the last day (Thursday, 23rd Jul 2026) from $20.72 to $20.56. During the last trading day the trust fluctuated 1.03% from a day low at $20.46 to a day high of $20.67. The price has fallen in 6 of the last 10 days and is down by -0.87% for this period. Volume has increased on the last day by 11 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, 13 thousand shares were bought and sold for approximately $277.01 thousand.

The trust is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Virtus Convertible & Income Fund trust with a 90% probability to be traded between $20.31 and $20.90 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and trusts seldom manage to go directly from the bottom of a trend up to the top. Trusts turning up in the middle of a horizontal trend are therefore considered to be potential runners.

NCV-PA Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, July 06, 2026, and so far it has fallen 0%. 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. The Virtus Convertible & Income Fund trust holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the trust. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $20.74 and $20.74. A break-up above any of these levels will issue buy signals. Virtus Convertible & Income Fund gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".

Support, Risk & Stop-loss for Virtus Convertible & Income Fund trust

Virtus Convertible & Income Fund finds support from accumulated volume at $20.49 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the trust tends to have very controlled movements and with good liquidity the risk is considered very low in this trust. During the last day, the trust moved $0.210 between high and low, or 1.03%. For the last week the trust has had daily average volatility of 0.612%.

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

Trading Expectations (NCV-PA) For The Upcoming Trading Day Of Friday 24th

For the upcoming trading day on Friday, 24th we expect Virtus Convertible & Income Fund to open at $20.56, and during the day (based on 14 day Average True Range), to move between $20.47 and $20.65, which gives a possible trading interval of +/-$0.177 (+/-0.86%) up or down from last closing price. If Virtus Convertible & Income Fund takes out the full calculated possible swing range there will be an estimated 0.86% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $20.49 (0.34%) than the resistance at $20.75 (0.92%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Virtus Convertible & Income Fund trust A Buy?

Virtus Convertible & Income Fund holds several negative signals and is within a narrow and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this trust. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this trust since the last evaluation from a Hold to a Sell candidate.

Current score: -2.246 Sell Candidate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on July 24, 2026 - $20.56 ( 0.0161%).

Want to trade but not sure how? Our step-by-step guide can help.
Skip the guide? Open account with our trusted broker*
*Your capital is at risk