TSX:CBNK - Toronto Stock Exchange - CA62580L1013 - ETF - Currency: CAD
We assign a technical rating of 9 out of 10 to CBNK. 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.
Besides having an excellent technical rating, CBNK also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
7.34
We found 4 important support areas.
We found 1 important resistance 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 | 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 | 75.4 | POSITIVE | CBNK.CA has a high relative strength, it outperformed 75.4% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of CBNK.CA is below 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) | 58.77 | NEUTRAL | The RSI value for CBNK.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CBNK.CA has a negative trend. |
Stochastics (14,3) | 35.11 | NEUTRAL | The Stochastics value for CBNK.CA is a neutral value. |
Average True Range in percent/ATR (20) | 0.87 | LOW VOLATILITY | The low ATR as a percentage value for CBNK.CA suggests low volalility. |
Average Directional Index/ADX (14) | 46.02 | POSITIVE | The high ADX value value for CBNK.CA suggests a strong trend. |
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 |
---|---|---|---|
8.67 | 8.57 | 0.10 (1.14%) | 25.00% |
An entry @8.67. This is a Buy Stop order right above the 10 day moving average. | An exit @8.57. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.10 points, which is 1.14%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.29%. |
TSX:CBNK (6/13/2025, 7:00:00 PM)
8.59
-0.08 (-0.92%)