TSX:CCOM - Toronto Stock Exchange - CA17160D1015 - ETF - Currency: CAD
We assign a technical rating of 1 out of 10 to CCOM. CCOM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
CCOM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 19.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.95, a Stop Loss order could be placed below this zone.
18.32
2 important support areas can be observed.
We can see 2 important resistance areas.
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 CCOM.CA is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CCOM.CA is neutral. |
ChartMill Relative Strength | 25.56 | NEGATIVE | CCOM.CA has a low relative strength, it was outperformed by 74.44% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CCOM.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CCOM.CA is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CCOM.CA is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 50.91 | NEUTRAL | The RSI value for CCOM.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CCOM.CA has a positive trend. |
Stochastics (14,3) | 67.78 | NEUTRAL | The Stochastics value for CCOM.CA is a neutral value. |
Average True Range in percent/ATR (20) | 0.64 | LOW VOLATILITY | The low ATR as a percentage value for CCOM.CA suggests low volalility. |
Average Directional Index/ADX (14) | 14.14 | NEGATIVE | The low ADX value for CCOM.CA suggests a weak or negative trend. |
TSX:CCOM (6/5/2025, 7:00:00 PM)
18.96
+0.01 (+0.05%)