CIBC FLEXIBLE YIELD ETF-CAD (CFLX.CA) Stock Technical Analysis
Canada - TSX:CFLX - CA12546R1064 - ETF
Taking everything into account, CFLX scores 4 out of 10 in our technical rating. In the past year, CFLX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is only medium, CFLX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 16.98, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
16.39
When analyzing the support we notice one important area.
- A support zone ranging from 16.56 to 16.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 17.03 to 17.26. 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 | NEUTRAL | NEUTRAL | The long term trend for CFLX.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CFLX.CA is up. |
| ChartMill Relative Strength | 22.29 | NEGATIVE | CFLX.CA has a low relative strength, it was outperformed by 77.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CFLX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CFLX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CFLX.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.51 | NEUTRAL | The RSI value for CFLX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CFLX.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.79 | NEUTRAL | The Stochastics value for CFLX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.13 | LOW VOLATILITY | The low ATR as a percentage value for CFLX.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 13.59 | NEGATIVE | The low ADX value for CFLX.CA suggests a weak or negative trend. |
TSX:CFLX (9/19/2025, 7:00:00 PM)
16.99
-0.01 (-0.06%)