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CHYCalamos Convertible and High Income Closed Fund

NASDAQDaily chartWeekly chart →
Range low retest · 21 Jun 2022

CHY slipped below its $12.51 – $14.51 range and came back to test the low on 21 Jun 2022.

Range low
$12.51
support
Range high
$14.51
16% above the low
In the range since
Mar 2022
7 mo
Close on retest day
$10.89
13% below the range low
  • 3 sideways ranges found since 2021.
What is a range retest, and how do I read the chart?

A stock moves sideways between a floor (the range low) and a ceiling (the range high) for a long time. Then it drops below the floor, fails to climb back in, and returns to test that low again. Traders also call this a spring. Some springs mark the end of a decline; many don't.

On the chart, each candle is one trading day. The purple lines are the range the signal came from, and the green Retest label marks the day RangeStocks flagged. Tick “Show past sideways ranges” to see earlier ranges.

Daily chart

Sideways range history

RangeStartedEndedOutcomeRetests
9 Sept 2022Still open——
3 Mar 20223 Oct 2022 · 7 moBroke below the range at $10.0721 Jun 2022
15 Nov 202114 Mar 2022 · 4 moBroke below the range at $12.51—

Retest signals

  • 21 Jun 2022 · 4 mo into the range

Other stocks with a recent daily retest

CHY on the weekly chart →
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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.