CIBC PREMIUM CASH MANAG ETF (CCAD.CA) Stock Technical Analysis
TSX:CCAD - Toronto Stock Exchange - CA12555S1020 - ETF - Currency: CAD
Overall CCAD gets a technical rating of 3 out of 10. CCAD performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of CCAD is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
49.58
We found 1 important resistance area.
- A resistance zone ranging from 50.09 to 50.09. 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 CCAD.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CCAD.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CCAD.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Relative Strength Index/RSI (14) | 25.06 | OVERSOLD | The low RSI value suggests CCAD.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.15 | POSITIVE | The MACD value suggests CCAD.CA has a positive trend, although the MACD value is declining. |
| Average Directional Index/ADX (14) | 44.73 | POSITIVE | The high ADX value value for CCAD.CA suggests a strong trend. |
TSX:CCAD (6/4/2025, 7:00:00 PM)
50.08
0 (0%)