GLOB X ENH S&P/TSX 60 IN ETF (CANL.CA) Stock Technical Analysis
Canada - TSX:CANL - CA37962U1012 - ETF
30.71 CAD
+0.4 (+1.32%)
Overall CANL gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CANL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: CANL has an average volume of 759 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that CANL is one of the better performing stocks in the market, outperforming 77% of all stocks. We also observe that the gains produced by CANL over the past year are nicely spread over this period.
CANL is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CANL has a been trading in the 0.00 - 30.71 range, which is quite wide. It is currently trading near the high of this range.
Although CANL has an excellent technical rating, it does not present a decent entry opportunity 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
24.49
31.03
When analyzing the support we can see 2 important areas.
- Support @25.86 from a trend line in the weekly time frame.
- Support @24.74 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 30.72 to 30.72. 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 | UP | POSITIVE | The long term trend for CANL.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CANL.CA is up. |
| ChartMill Relative Strength | 77.29 | POSITIVE | CANL.CA has a high relative strength, it outperformed 77.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CANL.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CANL.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CANL.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.01 | NEUTRAL | The RSI value for CANL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests CANL.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 99.93 | OVERBOUGHT | The high Stochastics value suggests CANL.CA may be overbought. |
| Average True Range in percent/ATR (20) | 10.04 | HIGH VOLATILITY | The high ATR as a percentage value for CANL.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 12.88 | NEGATIVE | The low ADX value for CANL.CA 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)
TSX:CANL (9/19/2025, 7:00:00 PM)
30.71
+0.4 (+1.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.32%
1 Week2.86%
2 Weeks7.23%
1 Month11.55%
3 Month25.86%
6 Month17.53%
12 Month41.72%
2 Year59.78%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.33
ATR(20)%10.04%
ATR Inc-88.83%
Range Today0.87
ADR(20)0.06
ADR(20)%0.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.29
Mansfield0.71
10 Day High30.71
10 Day Low28.91
20 Day High30.71
20 Day Low0
52 Week High30.71
52 Week Low0
CS1 End25.86
CR1 Start30.72
Volume & EV
DER(3)8.64%
DER(5)5.18%
Volume772
Volume Incr-25.32%
Vol(5)570.4
Vol(50)759.3