CI BAL ASSET ALLOC ETF (CBAL.CA) Stock Technical Analysis
TSX:CBAL - Toronto Stock Exchange - CA12570E1043 - ETF - Currency: CAD
We assign a technical rating of 6 out of 10 to CBAL. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CBAL is a bad performer.
When comparing the yearly performance of all stocks, CBAL is a bad performer in the overall market: 100% of all stocks are doing better.
Warning: CBAL has an average volume of 5326 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.
In the last month CBAL has a been trading in the 22.26 - 23.82 range, which is quite wide. It is currently trading near the high of this range.
CBAL has an average technical rating and also the quality of the setup is only medium 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
21.46
24.02
2 important support areas can be observed.
- A support zone ranging from 23.23 to 23.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.68 to 22.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 23.78 to 23.78. 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 CBAL.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CBAL.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CBAL.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CBAL.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CBAL.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 61.65 | NEUTRAL | The RSI value for CBAL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests CBAL.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.98 | OVERBOUGHT | The high Stochastics value suggests CBAL.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.61 | LOW VOLATILITY | The low ATR as a percentage value for CBAL.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 23.4 | NEUTRAL | The ADX value for CBAL.CA suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 23.79 | 23.35 | 0.44 (1.85%) | 25.00% |
| An entry @23.79. This is a Buy Stop order right above the resistance zone. | An exit @23.35. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.44 points, which is 1.85%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.46%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:CBAL (6/12/2025, 7:00:00 PM)
23.77
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.68%
2 Weeks0.34%
1 Month6.12%
3 Month2.02%
6 Month0.21%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%0.61%
ATR Inc-59.47%
Range Today0
ADR(20)0.01
ADR(20)%0.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High23.82
10 Day Low23.36
20 Day High23.82
20 Day Low22.26
52 Week HighN/A
52 Week LowN/A
CS1 End23.72
CR1 Start23.78
Volume & EV
DER(3)0%
DER(5)0%
Volume400
Volume Incr55.51%
Vol(5)4.31K
Vol(50)5.33K