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 CHY
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Calamos Convertible and High Income Fund stock price ended at $11.81 on Thursday, after losing 0.422%.
(Updated on Mar 28, 2024)

Sell candidate since Mar 27, 2024 Loss -0.42% PDF

The Calamos Convertible and High Income Fund stock price fell by -0.422% on the last day (Thursday, 28th Mar 2024) from $11.86 to $11.81. It has now fallen 5 days in a row. During the last trading day the stock fluctuated 1.11% from a day low at $11.70 to a day high of $11.83. The price has fallen in 6 of the last 10 days and is down by -0.59% for this period. Volume has increased on the last day by 29 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, 245 thousand shares were bought and sold for approximately $2.90 million.

Given the current short-term trend, the stock is expected to rise 6.28% during the next 3 months and, with a 90% probability hold a price between $12.55 and $13.05 at the end of this 3-month period.

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CHY Signals & Forecast

There are few to no technical positive signals at the moment. The Calamos Convertible and High Income Fund stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. 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 $11.97 and $11.97. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, March 12, 2024, and so far it has fallen -2.72%. 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.

Support, Risk & Stop-loss for Calamos Convertible and High Income Fund stock

Calamos Convertible and High Income Fund finds support from accumulated volume at $11.64 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 $0.130 between high and low, or 1.11%. For the last week the stock has had daily average volatility of 1.05%.

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

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

For the upcoming trading day on Monday, 1st we expect Calamos Convertible and High Income Fund to open at $11.78, and during the day (based on 14 day Average True Range), to move between $11.67 and $11.95, which gives a possible trading interval of +/-$0.142 (+/-1.20%) up or down from last closing price. If Calamos Convertible and High Income Fund takes out the full calculated possible swing range there will be an estimated 2.40% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $11.86 (0.42%) than the support at $11.64 (1.44%), 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 Convertible and High Income Fund stock A Buy?

The Calamos Convertible and High Income Fund stock holds several negative signals and despite the positive trend, we believe Calamos Convertible and High Income Fund will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -1.449 Sell Candidate Unchanged

Predicted Opening Price for Calamos Convertible and High Income Fund of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$11.78 ( 0.254%) $11.81

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

Trading levels for CHY

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 11.91 0.85 %
R2 11.86 0.426 %
R1 11.83 0.166 %
Current price: 11.81
Support S1 11.73 -0.675 %
S2 11.70 -0.93 %
S3 11.65 -1.35 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 12.02 1.78 %
R2 11.90 0.762 %
R1 11.86 0.423 %
Current price 11.81
Support S1 11.64 -1.44%
S2 11.63 -1.52%
S3 11.49 -2.71%

CHY Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 01, 2024 Mar 13, 2024 Mar 21, 2024 $0.100 0.83%
2 Feb 01, 2024 Feb 09, 2024 Feb 20, 2024 $0.100 0.83%
3 Dec 18, 2023 Dec 28, 2023 Jan 11, 2024 $0.100 0.87%
4 Dec 01, 2023 Dec 11, 2023 Dec 18, 2023 $0.100 0.88%
5 Nov 01, 2023 Nov 13, 2023 Nov 20, 2023 $0.100 0.85%

FAQ

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

Should I buy or sell Calamos Convertible and High Income Fund Stock?
The Calamos Convertible and High Income Fund stock holds several negative signals and despite the positive trend, we believe Calamos Convertible and High Income Fund will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Calamos Convertible and High Income Fund Stock?
Calamos Convertible and High 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 Convertible and High Income Fund Stock.

What's the current price of Calamos Convertible and High Income Fund Stock?
As of the end of day on the 2024-03-28, the price of an Calamos Convertible and High Income Fund (CHY) share was $11.81.

What is the 52-week high and low for Calamos Convertible and High Income Fund Stock?
The 52-week high for Calamos Convertible and High Income Fund Stock is $12.16 and the 52-week low is $9.97.

What is the market capitalization of Calamos Convertible and High Income Fund Stock?
As of the 2024-03-28, the market capitalization of Calamos Convertible and High Income Fund is 897.664M.
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About Calamos Convertible and High Income Fund

Calamos Convertible and High 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 diversified portfolio of convertible securities and high yield corporate bonds rated Ba or lower by Moody's or BB or lower by Standard & Poor's. The fund employs both fundamental and quantitative a... CHY Profile

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