MULVIHILL CANADIAN BANK ENHA (CBNK.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:CBNK - CA62580L1013 - ETF
Taking everything into account, CBNK scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, CBNK has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although CBNK has an excellent technical rating, the quality of the presented setup is 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.
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7.88
When analyzing the support we can see 4 important areas.
- Support @11.52 from a trend line in the daily time frame.
- Support @11.04 from a trend line in the daily time frame.
- A support zone ranging from 10.49 to 10.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.96 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 11.92 to 12.01. 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 | UP | POSITIVE | The long term trend for CBNK.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CBNK.CA is up. |
| ChartMill Relative Strength | 74.09 | POSITIVE | CBNK.CA has a high relative strength, it outperformed 74.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CBNK.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CBNK.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CBNK.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.45 | NEUTRAL | The RSI value for CBNK.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CBNK.CA has a negative trend. |
| Stochastics (14,3) | 73.65 | NEUTRAL | The Stochastics value for CBNK.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.85 | LOW VOLATILITY | The low ATR as a percentage value for CBNK.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 49.34 | POSITIVE | The high ADX value value for CBNK.CA suggests a strong trend. |
TSX:CBNK (12/31/2025, 7:00:00 PM)
11.88
-0.12 (-1%)
MULVIHILL CANADIAN BANK ENHA / CBNK.CA FAQ
What is the technical rating for CBNK stock?
ChartMill assigns a technical rating of 10 / 10 to CBNK.CA.
What is the current trend direction of MULVIHILL CANADIAN BANK ENHA (CBNK.CA) stock?
The current trend direction for MULVIHILL CANADIAN BANK ENHA (CBNK.CA) is Bullish.
What is the RSI signal for CBNK stock?
MULVIHILL CANADIAN BANK ENHA (CBNK.CA) has an RSI value of 64.4545. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MULVIHILL CANADIAN BANK ENHA?
The MACD indicator for MULVIHILL CANADIAN BANK ENHA (CBNK.CA) has a value of -0.0216241, indicating a bearish trend.
What are the support and resistance levels for MULVIHILL CANADIAN BANK ENHA (CBNK.CA) stock?
MULVIHILL CANADIAN BANK ENHA (CBNK.CA) has a support level at 11.52 and a resistance level at 11.92. Check the full technical report for our detailed analysis of CBNK.CA support and resistance levels.