Technical Analysis for EAD - Wells Fargo Advantage Income Opportunities Fund

Grade Last Price % Change Price Change
grade D 7.24 -0.14% -0.01
EAD closed down 0.14 percent on Tuesday, December 18, 2018, on 1.67 times normal volume. The bears made the stock sink to a new 52-week low. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical EAD trend table...

Date Alert Name Type % Chg
Dec 18 New 52 Week Closing Low Bearish 0.00%
Dec 18 Doji - Bullish? Reversal 0.00%
Dec 18 Lower Bollinger Band Walk Weakness 0.00%
Dec 18 New 52 Week Low Weakness 0.00%
Dec 18 Stochastic Reached Oversold Weakness 0.00%
Dec 18 Below Lower BB Weakness 0.00%
Dec 18 Down 3 Days in a Row Weakness 0.00%
Dec 18 Down 4 Days in a Row Weakness 0.00%
Dec 18 Oversold Stochastic Weakness 0.00%
Dec 17 MACD Bearish Signal Line Cross Bearish -0.14%

Older signals for EAD ...

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Profile
Wells Fargo Advantage Income Opportunities Fund is a closed ended fixed income mutual fund launched and managed by Wells Fargo Funds Management, LLC. It is co-managed by Wells Capital Management Incorporated. The fund invests in the fixed income markets of the United States. It primarily invests in below investment grade debt securities, high-yield debt securities, loans and preferred stocks rated Ba or lower by Moody's Investors Service, Inc. or BB or lower by Standard & Poor's Ratings Group. The fund benchmarks the performance of its portfolio against Merrill Lynch High Yield Index. It was formerly known as Evergreen Income Advantage Fund. Wells Fargo Advantage Income Opportunities Fund was formed on December 3, 2002 and is domiciled in the United States.
Is EAD a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 8.51
52 Week Low 7.2
Average Volume 232,381
200-Day Moving Average 7.9202
50-Day Moving Average 7.6123
20-Day Moving Average 7.4965
10-Day Moving Average 7.486
Average True Range 0.0882
ADX 20.8
+DI 12.069
-DI 37.154
Chandelier Exit (Long, 3 ATRs ) 7.3754
Chandelier Exit (Short, 3 ATRs ) 7.4646
Upper Bollinger Band 7.6928
Lower Bollinger Band 7.3002
Percent B (%b) -0.15
BandWidth 5.237111
MACD Line -0.073
MACD Signal Line -0.049
MACD Histogram -0.024
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 7.36
Resistance 3 (R3) 7.36 7.32 7.34
Resistance 2 (R2) 7.32 7.29 7.32 7.33
Resistance 1 (R1) 7.28 7.27 7.28 7.28 7.33
Pivot Point 7.24 7.24 7.24 7.24 7.24
Support 1 (S1) 7.20 7.21 7.20 7.20 7.15
Support 2 (S2) 7.16 7.19 7.16 7.15
Support 3 (S3) 7.12 7.16 7.14
Support 4 (S4) 7.12