MANULIFE SMART CORPORATE BND (CBND.CA) Stock Technical Analysis
Canada - TSX:CBND - CA56502X1024 - ETF
9.29 CAD
-0.01 (-0.11%)
We assign a technical rating of 6 out of 10 to CBND. Although CBND is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
73% of all other stocks performed better in the past year than CBND.
Warning: CBND has an average volume of 3813 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 positive. This is looking good!
CBND is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CBND has a been trading in a tight range between 9.14 and 9.31.
Considerably lower volume is observed in the last couple of days.
CBND has an average technical rating and the quality of the presented setup is also not ideal 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
3 important support areas can be observed.
- A support zone ranging from 9.02 to 9.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.75 from a horizontal line in the weekly time frame.
- Support @8.29 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.32 to 9.36. 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 CBND.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CBND.CA is up. |
| ChartMill Relative Strength | 27.55 | NEGATIVE | CBND.CA has a low relative strength, it was outperformed by 72.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CBND.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CBND.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CBND.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.04 | 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) | 92.16 | OVERBOUGHT | The high Stochastics value suggests CBND.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.27 | LOW VOLATILITY | The low ATR as a percentage value for CBND.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 5.93 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.32 | 9.13 | 0.19 (2.04%) | 25.00% |
| An entry @9.32. This is a Buy Stop order right above the 10 day high. | An exit @9.13. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.19 points, which is 2.04%. | For a 0.51% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:CBND (9/15/2025, 7:00:00 PM)
9.29
-0.01 (-0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.11%
1 Week0.11%
2 Weeks1.09%
1 Month0.87%
3 Month0.65%
6 Month0.11%
12 Month1.31%
2 Year11.79%
3 Year9.81%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.27%
ATR Inc-44.74%
Range Today0.02
ADR(20)0.01
ADR(20)%0.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.55
Mansfield-0.96
10 Day High9.31
10 Day Low9.14
20 Day High9.31
20 Day Low9.14
52 Week High9.35
52 Week Low0
CS1 End9.25
CR1 Start9.32
Volume & EV
DER(3)0%
DER(5)0%
Volume900
Volume Incr-51.26%
Vol(5)2.01K
Vol(50)3.81K