RSI low/high Values: [ 20 - 75 ]
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AI Analysis of CCD
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Red day on Thursday for Calamos Dynamic Convertible & Income
(Updated on Mar 28, 2024)

Buy or Hold candidate since Jan 08, 2024 Gain 11.97% PDF

The Calamos Dynamic Convertible & Income stock price fell by -0.774% on the last day (Thursday, 28th Mar 2024) from $21.97 to $21.80. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 1.23% from a day low at $21.63 to a day high of $21.90. The price has been going up and down for this period, and there has been a -0.46% loss for the last 2 weeks. Volume has increased on the last day by 75 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, 197 thousand shares were bought and sold for approximately $4.31 million.

Given the current short-term trend, the stock is expected to rise 15.57% during the next 3 months and, with a 90% probability hold a price between $25.19 and $27.08 at the end of this 3-month period.

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CCD Signals & Forecast

A sell signal was issued from a pivot top point on Monday, March 11, 2024, and so far it has fallen -4.22%. 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 stock should be followed more closely. Some positive signals were issued as well, and these may have some influence on the near short-term development. The Calamos Dynamic Convertible & Income stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $22.20. On a fall, the stock will find some support from the long-term average at approximately $21.69. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal.

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

Calamos Dynamic Convertible & Income finds support from accumulated volume at $21.49 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the 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 $0.265 between high and low, or 1.23%. For the last week the stock has had daily average volatility of 1.30%.

Our recommended stop-loss: $20.97 (-3.79%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 13 days ago.)

Trading Expectations (CCD) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Calamos Dynamic Convertible & Income Fund to open at $21.78, and during the day (based on 14 day Average True Range), to move between $21.48 and $22.12, which gives a possible trading interval of +/-$0.323 (+/-1.48%) up or down from last closing price. If Calamos Dynamic Convertible & Income Fund takes out the full calculated possible swing range there will be an estimated 2.96% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $21.49 (1.42%) than the resistance at $22.39 (2.71%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Calamos Dynamic Convertible & Income Fund stock A Buy?

Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

Current score: 1.278 Buy Candidate Unchanged

Predicted Opening Price for Calamos Dynamic Convertible & Income Fund of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$21.78 ( 0.115%) $21.80

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

Trading levels for CCD

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 22.04 1.10 %
R2 21.94 0.637 %
R1 21.88 0.350 %
Current price: 21.80
Support S1 21.67 -0.579 %
S2 21.61 -0.87 %
S3 21.51 -1.33 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 22.76 4.40 %
R2 22.42 2.84 %
R1 22.39 2.71 %
Current price 21.80
Support S1 21.49 -1.42%
S2 19.91 -8.67%
S3 19.68 -9.72%

CCD Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 13, 2024 Mar 13, 2024 Mar 21, 2024 $0.195 0.87%
2 Feb 01, 2024 Feb 09, 2024 Feb 20, 2024 $0.195 0.92%
3 Dec 18, 2023 Dec 28, 2023 Jan 11, 2024 $0.195 0.99%
4 Dec 01, 2023 Dec 11, 2023 Dec 18, 2023 $0.195 0.98%
5 Nov 01, 2023 Nov 13, 2023 Nov 20, 2023 $0.195 1.03%

FAQ

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

Should I buy or sell Calamos Dynamic Convertible & Income Fund Stock?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

How to buy Calamos Dynamic Convertible & Income Fund Stock?
Calamos Dynamic Convertible & 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 Dynamic Convertible & Income Fund Stock.

What's the current price of Calamos Dynamic Convertible & Income Fund Stock?
As of the end of day on the 2024-03-28, the price of an Calamos Dynamic Convertible & Income Fund (CCD) share was $21.80.

What is the 52-week high and low for Calamos Dynamic Convertible & Income Fund Stock?
The 52-week high for Calamos Dynamic Convertible & Income Fund Stock is $24.68 and the 52-week low is $16.93.

What is the market capitalization of Calamos Dynamic Convertible & Income Fund Stock?
As of the 2024-03-28, the market capitalization of Calamos Dynamic Convertible & Income Fund is 562.39M.
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About Calamos Dynamic Convertible & Income Fund

Calamos Dynamic Convertible and Income Fund is a closed ended fixed income mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in the fixed income markets of the United States. It primarily invests in a portfolio of convertible securities, investment grade and below investment grade bonds, loans, equity-linked notes, and floating rate securities. The fund also invests through derivatives such a... CCD Profile

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