Canada - TSX-V:CBIT - CA14919F2061 - Common Stock
Taking everything into account, CBIT scores 2 out of 10 in our technical rating. In the last year, CBIT was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is bad, CBIT does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 0.06, a Stop Loss order could be placed below this zone.
0.06
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 CBIT.CA is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CBIT.CA is neutral. |
ChartMill Relative Strength | 14.65 | NEGATIVE | CBIT.CA has a low relative strength, it was outperformed by 85.35% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CBIT.CA is above a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CBIT.CA is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CBIT.CA is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 50.19 | NEUTRAL | The RSI value for CBIT.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CBIT.CA has a positive trend. |
Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for CBIT.CA is a neutral value. |
Average True Range in percent/ATR (20) | 7.5 | HIGH VOLATILITY | The high ATR as a percentage value for CBIT.CA suggests high volalility. |
Average Directional Index/ADX (14) | 21.38 | NEUTRAL | The ADX value for CBIT.CA suggests a possible start of a new trend. |
TSX-V:CBIT (9/16/2025, 7:00:00 PM)
0.06
0 (0%)