CANACCORD GENUITY GROUP INC (CF.CA) Stock Technical Analysis
TSX:CF - Toronto Stock Exchange - CA1348011091 - Common Stock - Currency: CAD
We assign a technical rating of 7 out of 10 to CF. In the last year, CF was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When compared to the yearly performance of all other stocks, CF outperforms 66% of them, which is more or less in line with the market.
CF is part of the Capital Markets industry. There are 82 other stocks in this industry, CF did better than 69% of them.
CF is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CF is lagging the market slightly.
In the last month CF has a been trading in the 8.70 - 9.84 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, CF also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 9.58. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for CF in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
7.63
9.90
We found 4 important support areas.
- A support zone ranging from 9.27 to 9.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.99 to 9.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.03 from a trend line in the weekly time frame.
- Support @7.71 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 9.58 to 9.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 9.79 to 9.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for CF.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CF.CA is up. |
| ChartMill Relative Strength | 66.8 | NEUTRAL | CF.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CF.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CF.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CF.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.43 | NEUTRAL | The RSI value for CF.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CF.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 59.82 | NEUTRAL | The Stochastics value for CF.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.19 | MEDIUM VOLATILITY | The ATR as a percentage value for CF.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.16 | NEUTRAL | The ADX value for CF.CA suggests a possible start of a new trend. |
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)
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 |
|---|---|---|---|
| 9.61 | 9.26 | 0.35 (3.64%) | 25.00% |
| An entry @9.61. This is a Buy Stop order right above the resistance zone. | An exit @9.26. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.35 points, which is 3.64%. | For a 0.91% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CF. Please evaluate whether better entry and exit points can be found.
- 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.
TSX:CF (6/6/2025, 7:00:00 PM)
9.51
-0.14 (-1.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-1.45%
1 Week2.48%
2 Weeks-0.83%
1 Month7.95%
3 Month9.69%
6 Month-13.39%
12 Month11.49%
2 Year13.89%
3 Year12.81%
5 Year37.63%
10 Year22.24%
15 Year1.28%
Volatility
ATR(14)0.31
ATR(20)%3.19%
ATR Inc149.23%
Range Today0.43
ADR(20)0.3
ADR(20)%3.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.8
Mansfield0.02
10 Day High9.7
10 Day Low8.7
20 Day High9.84
20 Day Low8.7
52 Week High11.5
52 Week Low7.45
CS1 End9.35
CR1 Start9.58
Volume & EV
DER(3)4.42%
DER(5)-1.38%
Volume125.44K
Volume Incr153.45%
Vol(5)202.18K
Vol(50)98.29K