The stock of Delaware Investments Colorado Municipal Income Fund, Inc (VCF) formed an up wedge with $41.21 target or 189.00% above today’s $14.26 share price. The 6 months wedge indicates low risk for the $69.46M company. If the $41.21 price target is reached, the company will be worth $131.28 million more.
Rising wedges, especially for downward breakouts are tricky moments to trade. Investors must be aware that the break even failure rate for up or down breakouts is: 8% and 24%. The average rise is 28% and the decline is 14%. Wedges has high throwback and pullback rate: 73%, 63% and the percent of wedges meeting target is not more than 50%. The stock decreased 0.70% or $0.1 on December 11, hitting $14.26. About 8,826 shares traded hands or 47.96% up from the average. Delaware Investments Colorado Municipal Income Fund, Inc (NYSEMKT:VCF) has risen 2.21% since May 8, 2015 and is uptrending. It has outperformed by 5.22% the S&P500.
The institutional sentiment increased to Infinity in Q3 2015. Its up Infinity, from 1 in 2015Q2. The ratio is positive, as 0 funds sold all Delaware Investments Colorado Municipal Income Fund, Inc shares owned while 0 reduced positions. 2 funds bought stakes while 6 increased positions. They now own 427,304 shares or 139.81% more from 178,181 shares in 2015Q2.
Walter & Keenan Financial Consulting Co Mi Adv holds 0.19% of its portfolio in Delaware Investments Colorado Municipal Income Fund, Inc for 22,000 shares. Oxbow Advisors Llc owns 15,760 shares or 0.05% of their US portfolio. Moreover, Landscape Capital Management L.L.C. has 0.02% invested in the company for 11,816 shares. The Pennsylvania-based Staley Capital Advisers Inc has invested 0.02% in the stock. Bank Of America Corp De, a North Carolina-based fund reported 2,017 shares.
More notable recent Delaware Investments Colorado Municipal Income Fund, Inc (NYSEMKT:VCF) news were published by: Nasdaq.com which released: “Delaware Investments Colorado Municipal Income Fund, Inc (VCF) Ex-Dividend …” on November 09, 2015, also Businesswire.com with their article: “Patrick Coyne to Retire as Chief Executive Officer and President of Delaware …” published on February 19, 2015, Digitaljournal.com published: “Delaware Investments® Municipal Income Funds Announce Dividends” on December 01, 2015. More interesting news about Delaware Investments Colorado Municipal Income Fund, Inc (NYSEMKT:VCF) were released by: Theatlantic.com and their article: “Why People Don’t Ride Public Transit in Small Cities” published on October 28, 2015 as well as Wsj.com‘s news article titled: “Connecticut, America’s Richest State, Has a Huge Pension Problem” with publication date: October 04, 2015.
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 formed an up wedge with .21 target or 189.00% above today˙s .26 share price. The 6 months wedge indicates){kind=link}