Convergence Long/short Equity is slightly up on the day, it isn't making a very strong move but still up 0.15%. We'll see if it can keep moving up or not.
Currently CLSE isn't at a clear support/resistance line that seems tradable. But let's also consider momentum! Convergence Long/short Equity has had a nice run over the last year and provided good returns to shareholders. Over the previous year, the ETF has grown 44.82 percent which isn't too bad. CLSE might find some support at the 23.68 level, buyers might push the price back up from here. But it's not very clear what will happen.