
Canada • Toronto Stock Exchange • TSX:CCNV • CA12546K1012
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.
Although the technical rating is only medium, CCNV does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 22.47. Right above this resistance zone may be a good entry point.
20.79
When analyzing the support we notice one important area.
We found 1 important resistance area.
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 CCNV.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CCNV.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CCNV.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CCNV.CA is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 63.85 | NEUTRAL | The RSI value for CCNV.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests CCNV.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 80.25 | OVERBOUGHT | The high Stochastics value suggests CCNV.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.61 | LOW VOLATILITY | The low ATR as a percentage value for CCNV.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 26.76 | POSITIVE | The high ADX value value for CCNV.CA suggests a strong trend. |
TSX:CCNV (1/26/2026, 7:00:00 PM)
22.46
+0.14 (+0.63%)
ChartMill assigns a technical rating of 4 / 10 to CCNV.CA.
The current trend direction for CI CONSV ASSET ALLOC ETF (CCNV.CA) is Bullish.
CI CONSV ASSET ALLOC ETF (CCNV.CA) has an RSI value of 63.8519. This indicates that the stock is currently neutral.
The MACD indicator for CI CONSV ASSET ALLOC ETF (CCNV.CA) has a value of -0.228876, indicating a bearish trend.
The short term momentum for CI CONSV ASSET ALLOC ETF (CCNV.CA) is positive.