Technical Analysis for NNDIF - Noranda Income Fund

Grade Last Price % Change Price Change
grade D 1.108 4.23% 0.0450
NNDIF closed up 4.23 percent on Friday, October 11, 2019, on 66 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical NNDIF trend table...

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
Gilligan's Island Buy Setup Bullish Swing Setup 4.23%
Narrow Range Bar Range Contraction 4.23%
Wide Bands Range Expansion 4.23%
Down 3 Days in a Row Weakness 4.23%
Down 4 Days in a Row Weakness 4.23%
Gapped Down Weakness 4.23%

Older signals for NNDIF ...

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Profile
Noranda Income Fund operates as an income trust. The company owns electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Québec that produces refined zinc metal and various by-products from zinc concentrate. Its products include jumbo zinc, a product customized with alloy for steel customers to enhance the productivity of galvanizing lines; zinc shot, a product that is used to produce electro-galvanized steel for the car industry; and granulated zinc that is used in the production of fertilizers and reagents for the pulp and paper industry. The company's by-products comprise copper cake, cathode, and sulphuric acid. It serves customers in Canada, the United States, and internationally. The company was founded in 1963 and is headquartered in Toronto, Canada.
Chemistry Physical Sciences Chemical Elements Zinc By Products Coatings Noranda Corrosion Prevention Metal Plating Galvanization Hot Dip Galvanization Zinc Metal
Is NNDIF 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, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Recent News
Indicators
Indicator Value
52 Week High 2.355
52 Week Low 0.8712
Average Volume 15,182
200-Day Moving Average 1.294
50-Day Moving Average 1.69
20-Day Moving Average 1.2139
10-Day Moving Average 1.1159
Average True Range 0.0513
ADX 47.59
+DI 24.5123
-DI 62.5139
Chandelier Exit (Long, 3 ATRs ) 1.4651
Chandelier Exit (Short, 3 ATRs ) 1.2089
Upper Bollinger Band 1.5119
Lower Bollinger Band 0.9159
Percent B (%b) 0.32
BandWidth 49.097949
MACD Line -0.1639
MACD Signal Line -0.1781
MACD Histogram 0.0142
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.1080
Resistance 3 (R3) 1.1080 1.1080 1.1080
Resistance 2 (R2) 1.1080 1.1080 1.1080 1.1080
Resistance 1 (R1) 1.1080 1.1080 1.1080 1.1080 1.1080
Pivot Point 1.1080 1.1080 1.1080 1.1080 1.1080
Support 1 (S1) 1.1080 1.1080 1.1080 1.1080 1.1080
Support 2 (S2) 1.1080 1.1080 1.1080 1.1080
Support 3 (S3) 1.1080 1.1080 1.1080
Support 4 (S4) 1.1080