MULVIHILL CANADIAN BANK ENHA (CBNK.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:CBNK • CA62580L1013
We assign a technical rating of 10 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.
- Warning: CBNK has an average volume of 8040 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!
- Looking at the yearly performance, CBNK did better than 71% of all other stocks. On top of that, CBNK also shows a nice and consistent pattern of rising prices.
- CBNK is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month CBNK has a been trading in the 11.76 - 12.51 range, which is quite wide. It is currently trading near the high of this range.
- Considerably lower volume is observed in the last couple of days.
Although CBNK has an excellent technical rating, it does not offer a high 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
7.97
When analyzing the support we can see 3 important areas.
- A support zone ranging from 11.81 to 12.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.04 from a trend line in the daily time frame.
- Support @8.05 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 12.52 to 12.52. 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 CBNK.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CBNK.CA is up. |
| ChartMill Relative Strength | 71.08 | POSITIVE | CBNK.CA has a high relative strength, it outperformed 71.08% 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) | 65.3 | NEUTRAL | The RSI value for CBNK.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CBNK.CA has a positive trend. |
| Stochastics (14,3) | 93.06 | OVERBOUGHT | The high Stochastics value suggests CBNK.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.13 | LOW VOLATILITY | The low ATR as a percentage value for CBNK.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 28.31 | POSITIVE | The high ADX value value for CBNK.CA suggests a strong trend. |
TSX:CBNK (2/9/2026, 7:00:00 PM)
12.51
+0.17 (+1.38%)
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 65.301. 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 0.0184673, 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 12.15 and a resistance level at 12.52. Check the full technical report for our detailed analysis of CBNK.CA support and resistance levels.