TSX:CEF - Toronto Stock Exchange - CA85208R1010 - Currency: CAD
We assign a technical rating of 9 out of 10 to CEF. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CEF is showing a nice and steady performance.
CEF has an excellent technical rating and also presents a decent setup pattern. 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 41.38. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 41.27, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
36.84
We found 3 important support areas.
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 CEF.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CEF.CA is up. |
ChartMill Relative Strength | 78.11 | POSITIVE | CEF.CA has a high relative strength, it outperformed 78.11% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CEF.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CEF.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CEF.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 57.93 | NEUTRAL | The RSI value for CEF.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests CEF.CA has a positive trend. |
Stochastics (14,3) | 82.34 | OVERBOUGHT | The high Stochastics value suggests CEF.CA may be overbought. |
Average True Range in percent/ATR (20) | 1.33 | LOW VOLATILITY | The low ATR as a percentage value for CEF.CA suggests low volalility. |
Average Directional Index/ADX (14) | 10.29 | NEGATIVE | The low ADX value for CEF.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
41.57 | 39.74 | 1.83 (4.40%) | 22.72% |
An entry @41.57. This is a Buy Stop order right above the resistance zone. | An exit @39.74. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.83 points, which is 4.40%. | For a 1.00% total portfolio risk, you can invest 22.72% of your capital in this trade. |
TSX:CEF (6/10/2025, 7:00:00 PM)
41.28
+0.28 (+0.68%)