CHI Stock Tickeron detected bearish ETF Pattern: Broadening Wedge Ascending CHI on November 06, 2025, netting in a 4.47% gain over 2 weeks

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CHI - Calamos Convertible Opportunities and Income Fund

Ticker: CHI

Company: Calamos Convertible Opportunities and Income Fund

Gain from shorting: +4.47%

Confirmed: 11/06/25

Succeeded: 11/13/25

Total length: 15 days

On October 29, 2025, A.I.dvisor detected a Broadening Wedge Ascending Pattern (Bearish) for Calamos Convertible Opportunities and Income Fund (CHI, $11.31). 8 days later, on November 06, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On November 13, 2025, the stock hit the target price of $10.57 – resulting in a gain for traders who shorted the stock on the pattern detection date.

CHI in -2.82% downward trend, declining for three consecutive days on November 17, 2025

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where CHI declined for three days, in of 289 cases, the price declined further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on November 07, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on CHI as a result. In of 71 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for CHI turned negative on November 06, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 45 similar instances when the indicator turned negative. In of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at .

CHI moved below its 50-day moving average on November 13, 2025 date and that indicates a change from an upward trend to a downward trend.

Bullish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CHI advanced for three days, in of 335 cases, the price rose further within the following month. The odds of a continued upward trend are .

CHI may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 286 cases where CHI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .