CANQ Calamos Nasdaq® Equity & Income ETF Forecast, Technical & Fundamental Analysis
The investment seeks attractive risk-adjusted total return through capital appreciation and current income... Show more
CANQ's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for CANQ turned positive on September 08, 2025. Looking at past instances where CANQ's MACD turned positive, the stock continued to rise in of 12 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 03, 2025. You may want to consider a long position or call options on CANQ as a result. In of 21 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CANQ advanced for three days, in of 109 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 114 cases where CANQ Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 17 cases where CANQ's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CANQ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
CANQ broke above its upper Bollinger Band on August 12, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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General Information
Category LargeGrowth
CANQ and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, CANQ has been closely correlated with CGBL. These tickers have moved in lockstep 83% of the time. This A.I.-generated data suggests there is a high statistical probability that if CANQ jumps, then CGBL could also see price increases.
| Ticker / NAME | Correlation To CANQ | 1D Price Change % | ||
|---|---|---|---|---|
| CANQ | 100% | +0.86% | ||
| CGBL - CANQ | 83% Closely correlated | +0.32% | ||
| OCIO - CANQ | 78% Closely correlated | N/A | ||
| AOR - CANQ | 78% Closely correlated | +0.50% | ||
| GDMA - CANQ | 75% Closely correlated | +1.04% | ||
| SOR - CANQ | 47% Loosely correlated | -0.82% | ||
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