CHI Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Calamos Convertible Opportunities and Income Fund (CHI) Moving Averages Convergence Divergence (MACD) indicator is 0.07, suggesting CHI is Strong Sell.

Calamos Convertible Opportunities and Income Fund (CHI) 20-Day simple moving average is 11.99, while Calamos Convertible Opportunities and Income Fund (CHI) share price is $10.35, making it Sell.

Calamos Convertible Opportunities and Income Fund (CHI) 60-Day simple moving average is 11.78, while Calamos Convertible Opportunities and Income Fund (CHI) share price is $10.35, making it Sell.

Technical Analysis for CHI

Technical Sentiment Analysis for Calamos Convertible Opportunities and Income Fund (CHI) As of 2024-12-27, Calamos Convertible Opportunities and Income Fund (CHI) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 3 indicators are flashing buy, while 10 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CHI stands at 53.14, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.07, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 80.63 and the Commodity Channel Index (CCI) at 70.43 further confirm a 0.02 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, CHI is trading above its 60-day moving average of $11.78 and above its 200-day long-term moving average of $11.18. Key price levels to watch include the immediate resistance at $12.24 and strong support at $11.73. A break above $12.24 could signal a bull continuation, while falling below $11.73 may test the next Fibonacci floor at $11.46.

Calamos Convertible Opportunities and Income Fund (CHI) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	11.22	11.46	11.73	11.97	12.24	12.48	12.75
Fibonacci	11.46	11.66	11.78	11.97	12.17	12.29	12.48

Calamos Convertible Opportunities and Income Fund (CHI) Technical Indicators

2024-12-27

Name	Value
RSI_14	53.14
STOCHk_14_3_3	80.63
STOCHd_14_3_3	74.8
CCI_20	70.43
AO_5_34	0.12
MOM_10	0.02
MACD_12_26_9	0.07

Calamos Convertible Opportunities and Income Fund (CHI) Relative Strength Index (RSI) is 53.14, creating a Neutral signal.

Calamos Convertible Opportunities and Income Fund (CHI) Stochastic Oscillator is 80.63, creating a Sell signal.

Calamos Convertible Opportunities and Income Fund (CHI) Stochastic RSI is 74.8, creating a Neutral signal.

Calamos Convertible Opportunities and Income Fund (CHI) Commodity Channel Index (CCI) is 70.43, creating a Neutral signal.

Calamos Convertible Opportunities and Income Fund (CHI) Awesome Oscillator is 0.12, creating a Buy signal.

Calamos Convertible Opportunities and Income Fund (CHI) Momentum is 0.02, creating a Buy signal.

Calamos Convertible Opportunities and Income Fund (CHI) MACD is 0.07, creating a Buy signal.

Calamos Convertible Opportunities and Income Fund (CHI) Moving Average

2024-12-27

Period	Simple	Signal
MA_5	12.08	Sell
MA_10	12.01	Sell
MA_20	11.99	Sell
MA_60	11.78	Sell
MA_200	11.18	Sell
MA_250	10.93	Sell

Calamos Convertible Opportunities and Income Fund (CHI) 5-Day simple moving average is 12.08, while Calamos Convertible Opportunities and Income Fund (CHI) share price is $10.35, making it a Sell.

Calamos Convertible Opportunities and Income Fund (CHI) 10-Day simple moving average is 12.01, while Calamos Convertible Opportunities and Income Fund (CHI) share price is $10.35, making it a Sell.

Calamos Convertible Opportunities and Income Fund (CHI) 20-Day simple moving average is 11.99, while Calamos Convertible Opportunities and Income Fund (CHI) share price is $10.35, making it a Sell.

Calamos Convertible Opportunities and Income Fund (CHI) 60-Day simple moving average is 11.78, while Calamos Convertible Opportunities and Income Fund (CHI) share price is $10.35, making it a Sell.

Calamos Convertible Opportunities and Income Fund (CHI) 200-Day simple moving average is 11.18, while Calamos Convertible Opportunities and Income Fund (CHI) share price is $10.35, making it a Sell.

Calamos Convertible Opportunities and Income Fund (CHI) 250-Day simple moving average is 10.93, while Calamos Convertible Opportunities and Income Fund (CHI) share price is $10.35, making it a Sell.

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Frequently Asked Questions

What is the current technical consensus for CHI?

The overall technical consensus for Calamos Convertible Opportunities and Income Fund (CHI) is currently Strong Sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 3 buy signals and 4 sell signals.

What are the key support and resistance levels for Calamos Convertible Opportunities and Income Fund (CHI) today?

Based on pivot point calculations, Calamos Convertible Opportunities and Income Fund (CHI) has an immediate support level at 11.73 and a major resistance level at 12.24. Traders also monitor the pivot point at 11.97 to determine the intraday trend direction.

Is Calamos Convertible Opportunities and Income Fund (CHI) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Calamos Convertible Opportunities and Income Fund (CHI) is currently 53.14. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Calamos Convertible Opportunities and Income Fund (CHI)?

Calamos Convertible Opportunities and Income Fund (CHI) Moving Averages Convergence Divergence (MACD) indicator is 0.07, suggesting CHI is Strong Sell. This indicator helps identify potential trend reversals or momentum shifts for Calamos Convertible Opportunities and Income Fund.

How is Calamos Convertible Opportunities and Income Fund (CHI) performing relative to its 200-day moving average?

Calamos Convertible Opportunities and Income Fund (CHI) is currently trading at $10.35, which is below its 200-day simple moving average of 11.18. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.