SABA CLOSED END FUNDS ETF (CEFS) Stock Technical Analysis
USA - NYSEARCA:CEFS - US30151E8066 - ETF
We assign a technical rating of 6 out of 10 to CEFS. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CEFS is only an average performer.
Although the technical rating is only medium, CEFS does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 22.84, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
19.39
We found 4 important support areas.
- A support zone ranging from 21.98 to 22.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.62 from a horizontal line in the daily time frame.
- Support @20.26 from a trend line in the weekly time frame.
- A support zone ranging from 19.59 to 19.79. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 22.89 to 23.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 CEFS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CEFS is neutral. |
| ChartMill Relative Strength | 50.72 | NEUTRAL | CEFS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CEFS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CEFS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CEFS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.07 | NEUTRAL | The RSI value for CEFS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CEFS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.2 | NEUTRAL | The Stochastics value for CEFS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.05 | LOW VOLATILITY | The low ATR as a percentage value for CEFS suggests low volalility. |
| Average Directional Index/ADX (14) | 19.6 | NEGATIVE | The low ADX value for CEFS 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 |
|---|---|---|---|
| 23.02 | 22.63 | 0.39 (1.69%) | 25.00% |
| An entry @23.02. This is a Buy Stop order right above the resistance zone. | An exit @22.63. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.39 points, which is 1.69%. | For a 0.42% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:CEFS (10/30/2025, 8:04:02 PM)
22.88
-0.07 (-0.31%)
SABA CLOSED END FUNDS ETF / CEFS FAQ
Can you provide the ChartMill technical rating for SABA CLOSED END FUNDS ETF?
ChartMill assigns a technical rating of 6 / 10 to CEFS.
Can you provide the trend direction for SABA CLOSED END FUNDS ETF?
The current trend direction for SABA CLOSED END FUNDS ETF (CEFS) is Bullish.
What is the RSI signal for CEFS stock?
SABA CLOSED END FUNDS ETF (CEFS) has an RSI value of 54.0732. This indicates that the stock is currently neutral.
What is the MACD signal for SABA CLOSED END FUNDS ETF (CEFS) stock?
The MACD indicator for SABA CLOSED END FUNDS ETF (CEFS) has a value of 0.00545915, indicating a bearish trend.