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CI CONSV ASSET ALLOC ETF (CCNV.CA) Stock Technical Analysis

TSX:CCNV - Toronto Stock Exchange - CA12546K1012 - ETF - Currency: CAD

21.57  +0.18 (+0.84%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to CCNV. CCNV has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

When comparing the yearly performance of all stocks, CCNV is a bad performer in the overall market: 100% of all stocks are doing better.
Both the short term and long term trends are positive. This is a very positive sign.
CCNV is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
In the last month CCNV has a been trading in a tight range between 21.00 and 21.77.
Weekly and Daily overview Charts
CI CONSV ASSET ALLOC ETF / CCNV Weekly stock chart
CI CONSV ASSET ALLOC ETF / CCNV Daily stock chart
Setup Rating and Analysis

6

Although the technical rating is only medium, CCNV does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 21.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.44, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

20.79

21.99

We found 1 important support area.

  • A support zone ranging from 21.00 to 21.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 21.70 to 21.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for CCNV.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for CCNV.CA is up.
ChartMill Relative Strength0NEGATIVECCNV.CA has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of CCNV.CA is above the rising SMA(20).
Relative Strength Index/RSI (14)60.17NEUTRALThe RSI value for CCNV.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.71NEGATIVEThe MACD value suggests CCNV.CA has a negative trend, although the MACD value is rising.
Stochastics (14,3)51.95NEUTRALThe Stochastics value for CCNV.CA is a neutral value.
Average True Range in percent/ATR (20)0.91LOW VOLATILITYThe low ATR as a percentage value for CCNV.CA suggests low volalility.
Average Directional Index/ADX (14)26.01POSITIVEThe high ADX value value for CCNV.CA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
CI CONSV ASSET ALLOC ETF / CCNV Daily stock chart

CI CONSV ASSET ALLOC ETF

TSX:CCNV (5/29/2025, 7:00:00 PM)

21.57

+0.18 (+0.84%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.84%
1 Week0.75%
2 Weeks-0.32%
1 Month1.6%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%0.91%
ATR Inc-24.51%
Range Today0.01
ADR(20)0
ADR(20)%0.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High21.77
10 Day Low21
20 Day High21.77
20 Day Low21
52 Week HighN/A
52 Week LowN/A
CS1 End21.44
CR1 Start21.7
Volume & EV
DER(3)0%
DER(5)0%
Volume7.80K
Volume Incr77.79%
Vol(5)3.30K
Vol(50)N/A