TSX:CDLB - Toronto Stock Exchange - CA12560C1005 - ETF - Currency: CAD
Taking everything into account, CDLB scores 0 out of 10 in our technical rating. CDLB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of CDLB is bad and it also does not present a quality setup 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.
16.19
When analyzing the support we notice one important area.
2 important resistance areas can be observed.
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 CDLB.CA is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CDLB.CA is neutral. |
ChartMill Relative Strength | 23.04 | NEGATIVE | CDLB.CA has a low relative strength, it was outperformed by 76.96% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CDLB.CA is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CDLB.CA is below a declining 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) | 47.97 | NEUTRAL | The RSI value for CDLB.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CDLB.CA has a positive trend. |
Stochastics (14,3) | 77.67 | NEUTRAL | The Stochastics value for CDLB.CA is a neutral value. |
Average True Range in percent/ATR (20) | 0.47 | LOW VOLATILITY | The low ATR as a percentage value for CDLB.CA suggests low volalility. |
Average Directional Index/ADX (14) | 7.26 | NEGATIVE | The low ADX value for CDLB.CA suggests a weak or negative trend. |
TSX:CDLB (7/11/2025, 7:00:00 PM)
16.55
-0.09 (-0.54%)