CI EQ ASSET ALLOC ETF (CEQT.CA) Stock Technical Analysis
TSX:CEQT - Toronto Stock Exchange - CA12569X1050 - ETF - Currency: CAD
We assign a technical rating of 5 out of 10 to CEQT. In the last year, CEQT was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
CEQT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 26.86. Right above this resistance zone may be a good entry point.
More info and screens
23.41
We found 2 important support areas.
- A support zone ranging from 26.48 to 26.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @23.65 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 26.86 to 26.86. 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 CEQT.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CEQT.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CEQT.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CEQT.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CEQT.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 63.31 | NEUTRAL | The RSI value for CEQT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests CEQT.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 96.36 | OVERBOUGHT | The high Stochastics value suggests CEQT.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.54 | LOW VOLATILITY | The low ATR as a percentage value for CEQT.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 24.11 | NEUTRAL | The ADX value for CEQT.CA suggests a possible start of a new trend. |
TSX:CEQT (6/9/2025, 7:00:00 PM)
26.85
+0.26 (+0.98%)