CI EQ ASSET ALLOC ETF (CEQT.CA) Stock Technical Analysis
TSX:CEQT - Toronto Stock Exchange - CA12569X1050 - ETF - Currency: CAD
Taking everything into account, CEQT scores 6 out of 10 in our technical rating. CEQT has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
CEQT has an average technical rating and the quality of the presented setup is also not ideal 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.
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23.41
2 important support areas can be observed.
- A support zone ranging from 25.43 to 25.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 27.46 to 27.46. 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) | 53.21 | NEUTRAL | The RSI value for CEQT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests CEQT.CA has a positive trend. |
| Stochastics (14,3) | 99.96 | OVERBOUGHT | The high Stochastics value suggests CEQT.CA may be overbought. |
| Average True Range in percent/ATR (20) | 10.24 | HIGH VOLATILITY | The high ATR as a percentage value for CEQT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 18.41 | NEGATIVE | The low ADX value for CEQT.CA suggests a weak or negative trend. |
TSX:CEQT (7/16/2025, 7:00:00 PM)
27.45
+0.01 (+0.04%)