MANULIFE SMART CORPORATE BND (CBND.CA) Stock Technical Analysis
TSX:CBND - Toronto Stock Exchange - CA56502X1024 - ETF - Currency: CAD
Taking everything into account, CBND scores 1 out of 10 in our technical rating. CBND'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.
When comparing the yearly performance of all stocks, CBND is a bad performer in the overall market: 61% of all stocks are doing better.
Warning: CBND has an average volume of 2918 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
CBND is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CBND is lagging the market slightly.
In the last month CBND has a been trading in a tight range between 9.13 and 9.28.
The technical rating of CBND is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
8.21
9.45
When analyzing the support we can see 3 important areas.
- A support zone ranging from 9.04 to 9.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.84 from a horizontal line in the weekly time frame.
- Support @8.29 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 9.18 to 9.36. 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 | NEUTRAL | NEUTRAL | The long term trend for CBND.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CBND.CA is neutral. |
| ChartMill Relative Strength | 39.14 | NEUTRAL | CBND.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CBND.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CBND.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CBND.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.25 | NEUTRAL | The RSI value for CBND.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CBND.CA has a negative trend. |
| Stochastics (14,3) | 61.01 | NEUTRAL | The Stochastics value for CBND.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.34 | LOW VOLATILITY | The low ATR as a percentage value for CBND.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 8.24 | NEGATIVE | The low ADX value for CBND.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:CBND (6/6/2025, 7:00:00 PM)
9.17
-0.07 (-0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.76%
1 Week-0.54%
2 Weeks-0.22%
1 Month-0.43%
3 Month-0.65%
6 Month-0.33%
12 Month3.5%
2 Year6.01%
3 Year7.63%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.34%
ATR Inc55.56%
Range Today0.04
ADR(20)0.01
ADR(20)%0.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.14
Mansfield-0.49
10 Day High9.24
10 Day Low9.17
20 Day High9.28
20 Day Low9.13
52 Week High9.35
52 Week Low8.83
CS1 End9.13
CR1 Start9.18
Volume & EV
DER(3)-0.57%
DER(5)-0.34%
Volume1.40K
Volume Incr-14.96%
Vol(5)1.91K
Vol(50)2.92K