Canada - TSX:CDLB - CA12560C1005 - ETF
We assign a technical rating of 5 out of 10 to CDLB. CDLB 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.
CDLB has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
16.19
When analyzing the support we notice one important area.
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 | NEUTRAL | NEUTRAL | The long term trend for CDLB.CA is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CDLB.CA is up. |
ChartMill Relative Strength | 21.36 | NEGATIVE | CDLB.CA has a low relative strength, it was outperformed by 78.64% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CDLB.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CDLB.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CDLB.CA is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 60.48 | NEUTRAL | The RSI value for CDLB.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CDLB.CA has a positive trend. |
Stochastics (14,3) | 91.11 | OVERBOUGHT | The high Stochastics value suggests CDLB.CA may be overbought. |
Average True Range in percent/ATR (20) | 0.37 | LOW VOLATILITY | The low ATR as a percentage value for CDLB.CA suggests low volalility. |
Average Directional Index/ADX (14) | 7.98 | NEGATIVE | The low ADX value for CDLB.CA suggests a weak or negative trend. |
TSX:CDLB (9/16/2025, 7:00:00 PM)
16.91
+0.13 (+0.77%)