Canada - TSX:CBAL - CA12570E1043 - ETF
We assign a technical rating of 8 out of 10 to CBAL. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CBAL is only an average performer.
Although CBAL has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
21.46
We found 3 important support areas.
We found 1 important resistance area.
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 | 51.03 | NEUTRAL | CBAL.CA is not amongst the best or worst performers 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) | 85 | OVERBOUGHT | The high RSI value suggests CBAL.CA may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CBAL.CA has a positive trend. |
Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests CBAL.CA may be overbought. |
Average True Range in percent/ATR (20) | 0.31 | LOW VOLATILITY | The low ATR as a percentage value for CBAL.CA suggests low volalility. |
Average Directional Index/ADX (14) | 51.49 | POSITIVE | The high ADX value value for CBAL.CA suggests a strong trend. |
TSX:CBAL (9/12/2025, 7:00:00 PM)
25.17
+0.02 (+0.08%)