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.
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Cutwater Select Income Fund stock downgraded from Buy Candidate to Hold/Accumulate after Wednesday trading session.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 11, 2024 Gain 4.15% PDF

The Cutwater Select Income Fund stock price gained 1.59% on the last trading day (Wednesday, 27th Mar 2024), rising from $16.32 to $16.58. During the last trading day the stock fluctuated 2.48% from a day low at $16.35 to a day high of $16.76. The price has risen in 8 of the last 10 days and is up by 3.37% over the past 2 weeks. Volume fell on the last day by -53 shares and in total, 8 thousand shares were bought and sold for approximately $139.87 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

Given the current horizontal trend, you can expect Cutwater Select Income Fund stock with a 90% probability to be traded between $15.75 and $16.64 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 stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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INSI Signals & Forecast

The Cutwater Select Income 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 $16.26 and $15.92. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, February 26, 2024, and so far it has risen 5.81%. 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. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. The stock had a Golden Star Signal on Tuesday, January 30, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Tuesday, January 30, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Cutwater Select Income Fund stock

On the downside, the stock finds support just below today's level from accumulated volume at $15.73 and $15.70. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Cutwater Select Income Fund finds support just below today's level at $15.73. If this is broken, then the next support from accumulated volume will be at $15.70 and $15.67.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0.405 between high and low, or 2.48%. For the last week the stock has had daily average volatility of 1.12%

The Cutwater Select Income Fund stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: $15.83 (-4.53%) (This stock has low daily movements and this gives low risk. The RSI14 is 87 and this increases the risk substantially. There is a buy signal from a pivot bottom found 22 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect Cutwater Select Income Fund to open at $16.56, and during the day (based on 14 day Average True Range), to move between $16.41 and $16.75, which gives a possible trading interval of +/-$0.169 (+/-1.02%) up or down from last closing price. If Cutwater Select Income Fund takes out the full calculated possible swing range there will be an estimated 2.04% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $15.73, some $0.85 (5.13%) from the current price of $16.58, our system finds the risk reward attractive.

Is Cutwater Select Income Fund stock A Buy?

Cutwater Select Income Fund holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: 0.000 Hold/Accumulate Downgraded

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Cutwater Select Income Fund of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$16.56 ( 0.110%) $16.58

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

Trading levels for INSI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 16.97 2.33 %
R2 16.81 1.40 %
R1 16.72 0.82 %
Current price: 16.58
Support S1 16.41 -1.04 %
S2 16.31 -1.62 %
S3 16.16 -2.55 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 16.58
Support S1 15.73 -5.13%
S2 15.70 -5.31%
S3 15.67 -5.49%

INSI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 02, 2024 Apr 02, 2024 Apr 15, 2024 $0.200 1.21%
2 Dec 08, 2023 Dec 21, 2023 Dec 27, 2023 $0.200 1.24%
3 Sep 26, 2023 Oct 12, 2023 Oct 25, 2023 $0.200 1.40%
4 Jun 15, 2023 Jul 12, 2023 Jul 27, 2023 $0.200 1.27%
5 Mar 08, 2023 Apr 05, 2023 Jan 18, 2019 $0.180 1.00%

FAQ

What is the symbol for Cutwater Select Income Fund Stock and on which exchange is it traded?
The symbol for Cutwater Select Income Fund is INSI and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Cutwater Select Income Fund Stock?
Cutwater Select Income Fund holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

How to buy Cutwater Select Income Fund Stock?
Cutwater Select 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 Cutwater Select Income Fund Stock.

What's the current price of Cutwater Select Income Fund Stock?
As of the end of day on the 2024-03-27, the price of an Cutwater Select Income Fund (INSI) share was $16.58.

What is the 52-week high and low for Cutwater Select Income Fund Stock?
The 52-week high for Cutwater Select Income Fund Stock is $16.76 and the 52-week low is $14.28.

What is the market capitalization of Cutwater Select Income Fund Stock?
As of the 2024-03-27, the market capitalization of Cutwater Select Income Fund is 177.628M.
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About Cutwater Select Income Fund

Insight Select Income Fund is a closed ended fixed income mutual fund launched and managed by Cutwater Asset Management Corp. The fund invests in the fixed income markets of the United States. It primarily invests in short-term and long-term debt securities. The fund invests in the securities rated within the highest four grades by Moody's or Standard & Poor's, obligations of the U.S. Government, or obligations of banks. It benchmarks the perform... INSI Profile

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