Technical Analysis for NCYF - New City High Yield Fund Limited

Grade Last Price % Change Price Change
grade C 59.8 0.34% 0.20
NCYF closed up 0.34 percent on Wednesday, February 19, 2020, on approximately normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Flat Up
Historical NCYF trend table...

Date Alert Name Type % Chg
200 DMA Support Bullish 0.00%
20 DMA Support Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Outside Day Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Fell Below 50 DMA Bearish 0.34%
200 DMA Support Bullish 0.34%
20 DMA Support Bullish 0.34%
Stochastic Reached Overbought Strength 0.34%

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Profile

CQS New City High Yield Fund Limited is a closed-end investment company. The Company is engaged mainly in investments in yielding fixed interest securities. The Company's investment objective is to provide investors with a dividend yield and the potential for capital growth by investing mainly in yielding fixed interest securities. The Company operates through investment business segment. The Company invests in fixed income securities, including, but not limited to, preference shares, loan stocks, corporate bonds (convertible and/or redeemable) and government stocks. The Company's classification of investment portfolio by sector includes oil and gas, basic materials, industrials, consumer goods, consumer services, insurance, food products, media, banks, real estate, restaurant and bars, healthcare, telecommunications, utilities and financials, among others. The Company's investment manager is New City Investment Managers (NCIM).
Healthcare Oil And Gas Telecommunications Corporate Finance Real Estate Equity Securities Consumer Services Fixed Income Investment Company Dividend Yield Preferred Stock Food Products

Is NCYF a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Recent News

Indicators

Indicator Value
52 Week High 61.8
52 Week Low 56.6
Average Volume 706,469
200-Day Moving Average 59.31
50-Day Moving Average 59.69
20-Day Moving Average 59.29
10-Day Moving Average 59.27
Average True Range 0.92
ADX 20.67
+DI 12.66
-DI 13.95
Chandelier Exit (Long, 3 ATRs ) 58.83
Chandelier Exit (Short, 3 ATRs ) 60.77
Upper Bollinger Band 60.08
Lower Bollinger Band 58.50
Percent B (%b) 0.82
BandWidth 2.66
MACD Line -0.09
MACD Signal Line -0.16
MACD Histogram 0.0719
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 61.22
Resistance 3 (R3) 61.09 60.49 60.99
Resistance 2 (R2) 60.49 60.13 60.55 60.91
Resistance 1 (R1) 60.14 59.90 60.32 60.27 60.83
Pivot Point 59.54 59.54 59.63 59.61 59.54
Support 1 (S1) 59.20 59.18 59.37 59.33 58.77
Support 2 (S2) 58.59 58.95 58.66 58.69
Support 3 (S3) 58.25 58.59 58.62
Support 4 (S4) 58.38