TSX:CBIL - Toronto Stock Exchange - CA37964G1000 - ETF - Currency: CAD
We assign a technical rating of 0 out of 10 to CBIL. CBIL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, CBIL does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 50.01, a Stop Loss order could be placed below this zone.
49.42
When analyzing the support we notice one important area.
When analyzing the resistance we notice one important 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 | NEUTRAL | NEUTRAL | The long term trend for CBIL.CA is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CBIL.CA is down. |
ChartMill Relative Strength | 34.01 | NEUTRAL | CBIL.CA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CBIL.CA is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CBIL.CA is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CBIL.CA is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 44.84 | NEUTRAL | The RSI value for CBIL.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CBIL.CA has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 18.33 | OVERSOLD | The low Stochastics value suggests CBIL.CA may be oversold. |
Average True Range in percent/ATR (20) | 0.03 | LOW VOLATILITY | The low ATR as a percentage value for CBIL.CA suggests low volalility. |
Average Directional Index/ADX (14) | 24.13 | NEUTRAL | The ADX value for CBIL.CA suggests a possible start of a new trend. |
TSX:CBIL (6/6/2025, 7:00:00 PM)
50.03
+0.02 (+0.04%)