CIBC CANADIAN BOND INDEX ETF (CCBI.CA) Stock Technical Analysis
TSX:CCBI - Toronto Stock Exchange - CA12550Q1019 - ETF - Currency: CAD
We assign a technical rating of 2 out of 10 to CCBI. In the past year, CCBI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
78% of all other stocks performed better in the past year than CCBI.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: CCBI has an average volume of 11814 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
CCBI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CCBI has a been trading in the 0.00 - 18.06 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CCBI has a poor technical rating and the quality of the setup is also only medium 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
17.37
18.85
When analyzing the support we notice one important area.
- A support zone ranging from 17.55 to 18.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 18.39 to 18.66. 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 | DOWN | NEGATIVE | The long term trend for CCBI.CA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CCBI.CA is up. |
| ChartMill Relative Strength | 22.97 | NEGATIVE | CCBI.CA has a low relative strength, it was outperformed by 77.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CCBI.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CCBI.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CCBI.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.94 | NEUTRAL | The RSI value for CCBI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests CCBI.CA has a positive trend. |
| Stochastics (14,3) | 99.94 | OVERBOUGHT | The high Stochastics value suggests CCBI.CA may be overbought. |
| Average True Range in percent/ATR (20) | 10.2 | HIGH VOLATILITY | The high ATR as a percentage value for CCBI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 18.55 | NEGATIVE | The low ADX value for CCBI.CA suggests a weak or negative 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:CCBI (8/8/2025, 7:00:00 PM)
18.06
+0.01 (+0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.06%
1 Week180500%
2 Weeks1.06%
1 Month0.06%
3 Month-1.04%
6 Month-1.85%
12 Month-0.66%
2 Year4.27%
3 Year2.27%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.61
ATR(20)%10.2%
ATR Inc-99.62%
Range Today0
ADR(20)0.01
ADR(20)%0.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.97
Mansfield-0.94
10 Day High18.06
10 Day Low0
20 Day High18.06
20 Day Low0
52 Week High18.66
52 Week Low0
CS1 End18.05
CR1 Start18.39
Volume & EV
DER(3)0.69%
DER(5)0.42%
Volume15.60K
Volume Incr-41.74%
Vol(5)7.45K
Vol(50)11.81K