Technical Analysis for XFLT - XAI Octagon Floating Rate & Alternative Income Term Trust
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| A | 6.96 | 0.87% | 0.06 |
XFLT closed up 0.87 percent on Friday, November 22, 2024, on approximately normal volume. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Up | Up | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| MACD Bullish Signal Line Cross | Bullish | 0.00% | |
| New 52 Week Closing High | Bullish | 0.00% | |
| Three Weeks Tight | Range Contraction | 0.00% | |
| New 52 Week High | Strength | 0.00% | |
| Stochastic Reached Overbought | Strength | 0.00% | |
| Above Upper BB | Strength | 0.00% | |
| Gapped Up | Strength | 0.00% | |
| Overbought Stochastic | Strength | 0.00% | |
| Upper Bollinger Band Touch | Strength | 0.00% | |
| Pocket Pivot | Bullish Swing Setup | 0.87% |
| Alert | Time |
|---|---|
| Rose Above Upper Bollinger Band | 1 day ago |
| Upper Bollinger Band Resistance | 1 day ago |
| New 52 Week High | 1 day ago |
| Up 1 ATR | 1 day ago |
| 60 Minute Opening Range Breakout | 1 day ago |
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Basic chart:
- Earnings date: 05/29/2024
XAI Octagon FR & Alt Income Term Trust is a diversified, closed-end management investment company. Its investment objective is to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle.
Keywords: Exchange Traded Fund ETF Investment Management Investment Company
Classification
Keywords: Exchange Traded Fund ETF Investment Management Investment Company
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 6.96 |
| 52 Week Low | 5.8854 |
| Average Volume | 556,963 |
| 200-Day Moving Average | 6.61 |
| 50-Day Moving Average | 6.76 |
| 20-Day Moving Average | 6.86 |
| 10-Day Moving Average | 6.91 |
| Average True Range | 0.05 |
| RSI (14) | 75.96 |
| ADX | 22.63 |
| +DI | 22.54 |
| -DI | 11.77 |
| Chandelier Exit (Long, 3 ATRs) | 6.82 |
| Chandelier Exit (Short, 3 ATRs) | 6.88 |
| Upper Bollinger Bands | 6.96 |
| Lower Bollinger Band | 6.77 |
| Percent B (%b) | 1.01 |
| BandWidth | 2.72 |
| MACD Line | 0.05 |
| MACD Signal Line | 0.04 |
| MACD Histogram | 0.0015 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 7.07 | ||||
| Resistance 3 (R3) | 7.06 | 7.01 | 7.05 | ||
| Resistance 2 (R2) | 7.01 | 6.98 | 7.01 | 7.04 | |
| Resistance 1 (R1) | 6.98 | 6.96 | 7.00 | 7.00 | 7.04 |
| Pivot Point | 6.94 | 6.94 | 6.94 | 6.94 | 6.94 |
| Support 1 (S1) | 6.91 | 6.91 | 6.92 | 6.92 | 6.88 |
| Support 2 (S2) | 6.86 | 6.89 | 6.87 | 6.88 | |
| Support 3 (S3) | 6.84 | 6.86 | 6.87 | ||
| Support 4 (S4) | 6.85 |
