GLOBAL X 0-3 MONTH T-BILL-A (CBIL-U.CA) Stock Technical Analysis
TSX:CBIL-U - Toronto Stock Exchange - CA37964G1000 - ETF - Currency: USD
Taking everything into account, CBIL-U scores 4 out of 10 in our technical rating. In the last year, CBIL-U was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, CBIL-U does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 36.49, a Stop Loss order could be placed below this zone.
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36.13
When analyzing the support we notice one important area.
- A support zone ranging from 36.49 to 36.49. 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 36.53 to 36.93. This zone is formed by a combination of multiple trend lines and important moving averages 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 CBIL-U.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CBIL-U.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CBIL-U.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CBIL-U.CA is below the rising SMA(20). |
| Relative Strength Index/RSI (14) | 84.81 | OVERBOUGHT | The high RSI value suggests CBIL-U.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.94 | NEGATIVE | The MACD value suggests CBIL-U.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.3 | OVERSOLD | The low Stochastics value suggests CBIL-U.CA may be oversold. |
| Average True Range in percent/ATR (20) | 0.37 | LOW VOLATILITY | The low ATR as a percentage value for CBIL-U.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 73.82 | POSITIVE | The high ADX value value for CBIL-U.CA suggests a strong trend. |
TSX:CBIL-U (7/16/2025, 7:00:00 PM)
36.5
-0.03 (-0.08%)