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DTF stock – DTF Tax Free Income Closed Fund sideways range & retest history

NYSE

On the weekly chart, DTF has been moving sideways between $10.53 and $12.52 since 14 Aug 2022.

Since 2020, NasdaqScan has found 2 sideways ranges in DTF. The completed range lasted 560 days. It broke downward. The current range is 19% wide from low to high. The latest retest signal NasdaqScan detected in DTF was in the week of 23 Jan 2022, below the earlier $14.20 – $15.18 range.

The pattern: price breaks out below a long sideways range, the pullback back into the range fails, and price comes back to retest the low. Traders also call this a spring. NasdaqScan flags the weekly candle that makes the retest.

Weekly chart: each candle is one week of trading, and every date on this page is the week it falls in.

Gold dashed bands mark earlier sideways ranges, from their first swing to where they broke. Pick a range in the table below to zoom the chart to it.

Sideways ranges

RangeStartedEndedHow it endedRetest signals (week of)
14 Aug 2022Open——
1 Nov 202015 May 2022 (560 days)Broke below the range at $11.7423 Jan 2022 (Go ahead)

Retest signals detected

  • Week of 23 Jan 2022: retest of the low after a breakout below a sideways range, 448 days after the range began (Go ahead)

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.

← All current retest signals