Allspring Utilities & High Income Fund (ERH) Technical Analysis: Signals, Charts & Indicators

6.29 / 10

Netural

Scoring 6.29/10 technically, the instrument displays favorable technical configuration. Positive contributions from MACD Golden Cross, Bearish Engulfing, Inverted Hammer, and MACD Death Cross are diluted by negative influences from RSI Overbought. Technical judgment: cautiously optimistic.

Analysis Checks(4/5)

RSI Overbought

Score1.97/10

Win Rate41.67%

Hist. Signals24

Avg Return0.03%

Bearish Engulfing

Score7.72/10

Win Rate77.78%

Hist. Signals9

Avg Return0.85%

MACD Death Cross

Score7.79/10

Win Rate72.73%

Hist. Signals11

Avg Return0.84%

MACD Golden Cross

Score6.22/10

Win Rate60.00%

Hist. Signals10

Avg Return0.76%

Inverted Hammer

Score7.76/10

Win Rate75.00%

Hist. Signals4

Avg Return1.25%

What is the current technical signals for ERH?

ERH presents a Netural setup with a Technical Score of 6.29/10. Key technical indicators highlight an RSI of 58.14 and a MACD of 0.09, with the trend anchored by the 50-Day SMA at 12.19. Traders should monitor key support at 12.30 and resistance at 12.49.