CIBC CANADIAN EQUITY INDEX (CCEI.CA) Stock Technical Analysis
TSX:CCEI - Toronto Stock Exchange - CA12565U1057 - ETF - Currency: CAD
We assign a technical rating of 8 out of 10 to CCEI. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CCEI is only an average performer.
Warning: CCEI has an average volume of 6570 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
CCEI 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.
When compared to the yearly performance of all other stocks, CCEI outperforms 65% of them, which is more or less in line with the market.
In the last month CCEI has a been trading in a tight range between 28.95 and 29.85.
Although CCEI has an excellent technical rating, the quality of the presented setup is not ideal 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
25.04
30.09
When analyzing the support we can see 3 important areas.
- A support zone ranging from 28.82 to 29.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.38 from a trend line in the weekly time frame.
- Support @25.29 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 29.74 to 29.79. 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 CCEI.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CCEI.CA is up. |
| ChartMill Relative Strength | 65.23 | NEUTRAL | CCEI.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CCEI.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CCEI.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CCEI.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.01 | NEUTRAL | The RSI value for CCEI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CCEI.CA has a positive trend. |
| Stochastics (14,3) | 87.78 | OVERBOUGHT | The high Stochastics value suggests CCEI.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.49 | LOW VOLATILITY | The low ATR as a percentage value for CCEI.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 45.37 | POSITIVE | The high ADX value value for CCEI.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:CCEI (7/21/2025, 7:00:00 PM)
29.73
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.51%
2 Weeks1.09%
1 Month2.69%
3 Month10.69%
6 Month7.64%
12 Month21.84%
2 Year34.1%
3 Year40.04%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%0.49%
ATR Inc-4.89%
Range Today0.11
ADR(20)0.12
ADR(20)%0.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.23
Mansfield0.14
10 Day High29.85
10 Day Low29.23
20 Day High29.85
20 Day Low28.95
52 Week High29.85
52 Week Low23.59
CS1 End29.52
CR1 Start29.74
Volume & EV
DER(3)-0.34%
DER(5)-0.2%
Volume9.01K
Volume Incr38.4%
Vol(5)7.94K
Vol(50)6.57K