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CIBC EMERGING MARKETS EQUITY (CEMI.CA) Stock Technical Analysis

TSX:CEMI - Toronto Stock Exchange - CA17165A2011 - ETF - Currency: CAD

20.09  +0.18 (+0.9%)

Technical Rating and Analysis

7

Overall CEMI gets a technical rating of 7 out of 10. Although CEMI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Warning: CEMI has an average volume of 3822 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
CEMI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CEMI has a been trading in the 18.57 - 20.08 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, CEMI outperforms 48% of them, which is more or less in line with the market.
Weekly and Daily overview Charts
CIBC EMERGING MARKETS EQUITY / CEMI Weekly stock chart
CIBC EMERGING MARKETS EQUITY / CEMI Daily stock chart
Setup Rating and Analysis

1

Although CEMI has an excellent technical rating, it 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.

Support and Resistance Analysis

16.40

20.45

We found 4 important support areas.

  • A support zone ranging from 19.19 to 19.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 17.96 to 18.25. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • A support zone ranging from 17.22 to 17.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @16.57 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 20.14 to 20.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for CEMI.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for CEMI.CA is up.
ChartMill Relative Strength48.19NEUTRALCEMI.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of CEMI.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of CEMI.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of CEMI.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)63.05NEUTRALThe RSI value for CEMI.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.04POSITIVEThe MACD value suggests CEMI.CA has a positive trend.
Stochastics (14,3)82.08OVERBOUGHTThe high Stochastics value suggests CEMI.CA may be overbought.
Average True Range in percent/ATR (20)0.86LOW VOLATILITYThe low ATR as a percentage value for CEMI.CA suggests low volalility.
Average Directional Index/ADX (14)12.49NEGATIVEThe low ADX value for CEMI.CA suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
CIBC EMERGING MARKETS EQUITY / CEMI Daily stock chart

CIBC EMERGING MARKETS EQUITY

TSX:CEMI (6/6/2025, 7:00:00 PM)

20.09

+0.18 (+0.9%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.9%
1 Week2.5%
2 Weeks0.1%
1 Month10.08%
3 Month0.45%
6 Month3.13%
12 Month7.66%
2 Year20.95%
3 Year22.87%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%0.86%
ATR Inc-34.27%
Range Today0.04
ADR(20)0.05
ADR(20)%0.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.19
Mansfield-0.08
10 Day High20.03
10 Day Low19.6
20 Day High20.08
20 Day Low18.57
52 Week High20.25
52 Week Low17.14
CS1 End19.83
CR1 Start20.14
Volume & EV
DER(3)0%
DER(5)0%
Volume1.60K
Volume Incr-29.42%
Vol(5)3.16K
Vol(50)3.82K