UBS ETF MSCI CANADA H. USD (CANEUA.MI) Stock Technical Analysis
BIT:CANEUA - Euronext Milan - LU0446734872 - ETF - Currency: EUR
Overall CANEUA gets a technical rating of 7 out of 10. CANEUA has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Warning: CANEUA has an average volume of 16438 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Looking at the yearly performance, CANEUA did better than 71% of all other stocks. On top of that, CANEUA also shows a nice and consistent pattern of rising prices.
CANEUA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CANEUA is performing more or less in line with the market.
In the last month CANEUA has a been trading in the 37.00 - 44.10 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although CANEUA has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
36.15
45.50
When analyzing the support we can see 4 important areas.
- A support zone ranging from 41.59 to 42.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.28 to 40.76. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 37.55 to 37.98. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 36.52 to 36.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 45.05 to 45.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for CANEUA.MI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CANEUA.MI is up. |
| ChartMill Relative Strength | 71.1 | POSITIVE | CANEUA.MI has a high relative strength, it outperformed 71.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CANEUA.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CANEUA.MI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CANEUA.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.69 | NEUTRAL | The RSI value for CANEUA.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.45 | POSITIVE | The MACD value suggests CANEUA.MI has a positive trend. |
| Stochastics (14,3) | 95.78 | OVERBOUGHT | The high Stochastics value suggests CANEUA.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for CANEUA.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 18.86 | NEGATIVE | The low ADX value for CANEUA.MI suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BIT:CANEUA (6/13/2025, 7:00:00 PM)
43.875
+0.37 (+0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.85%
1 Week4.64%
2 Weeks10.34%
1 Month9.2%
3 Month1.36%
6 Month6.87%
12 Month18.18%
2 Year25.72%
3 Year15.66%
5 Year51.79%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1
ATR(20)%2.03%
ATR Inc-49.84%
Range Today0.25
ADR(20)0.42
ADR(20)%0.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.1
Mansfield0.01
10 Day High44.1
10 Day Low40.39
20 Day High44.1
20 Day Low37
52 Week High45.35
52 Week Low36.13
CS1 End42.71
CR1 Start45.05
Volume & EV
DER(3)0%
DER(5)0%
Volume1.42K
Volume Incr-83.4%
Vol(5)2.79K
Vol(50)16.44K