MULVIHILL CANADIAN BANK ENHA (CBNK.CA) Stock Technical Analysis
Canada - TSX:CBNK - CA62580L1013 - ETF
10.75 CAD
+0.13 (+1.22%)
Taking everything into account, CBNK scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CBNK is only an average performer.
Warning: CBNK has an average volume of 10743 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!
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.
When compared to the yearly performance of all other stocks, CBNK outperforms 68% of them, which is more or less in line with the market.
In the last month CBNK has a been trading in a tight range between 10.44 and 10.75.
Considerably lower volume is observed in the last couple of days.
Although CBNK has an excellent technical rating, it does not present a decent entry opportunity 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
7.73
10.87
We found 2 important support areas.
- A support zone ranging from 10.36 to 10.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.81 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.76 to 10.76. 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 | 68.04 | NEUTRAL | CBNK.CA is not amongst the best or worst performers 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) | 68.7 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 58.02 | NEUTRAL | The Stochastics value for CBNK.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.84 | LOW VOLATILITY | The low ATR as a percentage value for CBNK.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 46.65 | POSITIVE | The high ADX value value for CBNK.CA suggests a strong 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:CBNK (10/15/2025, 7:00:00 PM)
10.75
+0.13 (+1.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.22%
1 Week1.42%
2 Weeks2.09%
1 Month3.76%
3 Month16.22%
6 Month40.89%
12 Month29.36%
2 Year78.57%
3 Year39.79%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%0.84%
ATR Inc40%
Range Today0.05
ADR(20)0.07
ADR(20)%0.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.04
Mansfield1.09
10 Day High10.75
10 Day Low10.5
20 Day High10.75
20 Day Low10.44
52 Week High10.75
52 Week Low7
CS1 End10.61
CR1 Start10.76
Volume & EV
DER(3)0%
DER(5)0.24%
Volume5.85K
Volume Incr-50.08%
Vol(5)6.91K
Vol(50)10.74K