GLOBAL X 0-3 MONTH T-BILL-A (CBIL.CA) Stock Technical Analysis
Canada - TSX:CBIL - CA37964G1000 - ETF
Taking everything into account, CBIL scores 5 out of 10 in our technical rating. In the last year, CBIL 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.
CBIL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 50.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 50.06, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CBIL in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
49.42
When analyzing the support we notice one important area.
- A support zone ranging from 49.92 to 50.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 50.09 to 50.18. 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 CBIL.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CBIL.CA is up. |
| ChartMill Relative Strength | 22.92 | NEGATIVE | CBIL.CA has a low relative strength, it was outperformed by 77.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CBIL.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CBIL.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CBIL.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.76 | NEUTRAL | The RSI value for CBIL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CBIL.CA has a positive trend. |
| Stochastics (14,3) | 53.33 | NEUTRAL | The Stochastics value for CBIL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.04 | LOW VOLATILITY | The low ATR as a percentage value for CBIL.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 16.59 | NEGATIVE | The low ADX value for CBIL.CA suggests a weak or negative trend. |
TSX:CBIL (10/16/2025, 7:00:00 PM)
50.07
+0.01 (+0.02%)