Volume spike: UDA.TO Caldwell US Dividend Advantage Fund TSX Jan 2026 4.45% div

Pre-market trading shows a sharp volume spike in UDA.TO stock as shares trade at C$15.76 on 09 Jan 2026. Volume is 16,500.00 versus an average of 440.00, a 37.50x jump. This surge in liquidity arrives while the fund yields 4.45% and shows a one-year range of C$13.34–C$17.86. We examine what the spike means for income-focused investors and short-term traders, and how valuation, technicals and Meyka AI forecasts shape the outlook.

Pre-market volume spike and trade details for UDA.TO stock

UDA.TO stock is trading pre-market at C$15.76 on the TSX on 09 Jan 2026. Reported volume is 16,500.00, versus an average volume of 440.00, producing a relative volume of 37.50. The immediate price band shows a day low and high both at C$15.76, indicating the pre-market print is the active quote. The market cap stands at C$46,438,937.00 and shares outstanding are 2,929,816.00.

Why the volume spike matters: technicals and momentum for UDA.TO stock

The volume spike often precedes directional moves and for UDA.TO stock technicals show mixed signals. The RSI is 48.84, near neutral. MACD histogram is negative at -0.04, and ADX is 14.22, implying no clear trend. MFI reads 93.35, flagging short-term overbought conditions while OBV sits at 16,907.00, reflecting recent inflows.

With Bollinger Bands at Upper 16.35, Middle 15.85, Lower 15.34, the current price sits close to the band middle. Traders may use the spike and the narrow ATR of 0.17 to position for a breakout or a quick mean reversion.

Dividend, valuation and fundamentals for UDA.TO stock

The Caldwell US Dividend Advantage Fund targets US dividend payers and offers a trailing dividend yield of 4.45% and dividend per share of C$0.71. Reported EPS is 0.49 and the reported PE on the underlying quote is 32.41. The fund’s 50-day average price is C$15.95 and 200-day average is C$14.96, placing the current price near the 50-day average.

Note the fund uses option overlays to enhance yield and has concentrated holdings focused on value and dividend growth. These structural choices support steady distributions but can compress upside in strong bull markets.

Meyka AI grade and forecast for UDA.TO stock

Meyka AI rates UDA.TO with a score of 72 out of 100 (B, HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The score reflects attractive yield and low market cap, offset by concentrated strategy and option overlays.

Meyka AI’s forecast model projects a monthly target of C$15.96 and a yearly target of C$14.65. Versus the current price of C$15.76, the monthly forecast implies an upside of 1.27%, while the yearly forecast implies a downside of -7.05%. Forecasts are model-based projections and not guarantees. For more details see our Meyka stock page for UDA.TO: UDA.TO on Meyka.

Price targets, scenarios and trading strategy for UDA.TO stock

Use a scenario approach when trading the volume spike in UDA.TO stock. A conservative price target is C$15.50 (small downside). A bullish target near the year high is C$17.50. A defensive downside target sits at C$13.30.

Short-term traders can watch whether volume sustains above 16,500.00 and whether MFI falls from overbought levels. Income investors should weigh the 4.45% yield versus the model’s muted one-year projection and the fund’s option overlay risks.

Sector context and risk factors for UDA.TO stock

UDA.TO sits in the Financial Services sector, specifically Asset Management, where peers show an average PE near 13.67 for the sector. That places UDA.TO’s quoted PE of 32.41 on the high side for dividend-oriented funds. Broader sector performance has shown YTD strength; however, UDA.TO’s concentrated US dividend focus and options strategy add idiosyncratic risk.

Key risks include US equity volatility, option overlay losses, and liquidity shifts in a small-cap fund. Investors should also monitor monthly distribution sustainability and any NAV updates from Caldwell.

Final Thoughts

Key takeaways: UDA.TO stock shows a material pre-market volume spike on 09 Jan 2026, with 16,500.00 shares traded versus an average of 440.00. The fund trades at C$15.76, yields 4.45%, and reports EPS of 0.49. Technical indicators are mixed — RSI near neutral and MFI overbought — so the volume spike may signal either a short squeeze or a quick reversal. Meyka AI rates UDA.TO 72/100 (B, HOLD) and projects a short-term target of C$15.96 (+1.27%) and a one-year model level of C$14.65 (-7.05%). Use tight stops on intraday trades and treat any position sized for income investors with an eye on option-overlay risks and NAV disclosures. For more background on the fund and manager commentary, see Caldwell’s fund page and the TSX quote page. Forecasts are model-based projections and not guarantees.

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Disclaimer:

Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.