GLOB X ENH S&P/TSX 60 IN ETF (CANL.CA) Stock Technical Analysis
TSX:CANL - Toronto Stock Exchange - CA37962U1012 - ETF - Currency: CAD
Taking everything into account, CANL scores 4 out of 10 in our technical rating. In the last year, CANL was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
Warning: CANL has an average volume of 1005 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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 trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
In the last month CANL has a been trading in the 21.60 - 26.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
CANL has an average technical rating and it also does not offer a high quality setup 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
22.47
26.96
When analyzing the support we can see 2 important areas.
- Support @24.40 from a horizontal line in the weekly time frame.
- Support @22.70 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 25.38 to 25.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 26.37 to 26.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.95
Mansfield0.66
10 Day High26.6
10 Day Low21.6
20 Day High26.6
20 Day Low21.6
52 Week High26.69
52 Week Low0
Performance
1 Week1.54%
2 Weeks-3.65%
1 Month-3.39%
3 Month1.25%
6 Month5.21%
12 Month24.5%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.19
RSI(14)48.44
LBB23.46
UBB26.95
TSX:CANL (4/29/2025, 7:00:00 PM)
25.05
+2.35 (+10.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg10.35%
1 Week1.54%
2 Weeks-3.65%
1 Month-3.39%
3 Month1.25%
6 Month5.21%
12 Month24.5%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.72
ATR(20)%2.22%
ATR Inc572.58%
Range Today0
ADR(20)0.13
ADR(20)%0.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.95
Mansfield0.66
10 Day High26.6
10 Day Low21.6
20 Day High26.6
20 Day Low21.6
52 Week High26.69
52 Week Low0
CS1 End24.4
CR1 Start25.38
Volume & EV
DER(3)7.24%
DER(5)4.34%
Volume134
Volume Incr-17.04%
Vol(5)385.8
Vol(50)1.01K