CIBC FLEXIBLE YIELD ETF-CAD (CFLX.CA) Stock Technical Analysis
TSX:CFLX - Toronto Stock Exchange - CA12546R1064 - ETF - Currency: CAD
Taking everything into account, CFLX scores 2 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.
CFLX has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 16.92. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.89, a Stop Loss order could be placed below this zone.
More info and screens
16.39
We found 1 important support area.
- A support zone ranging from 16.56 to 16.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 16.92 to 17.26. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for CFLX.CA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CFLX.CA is up. |
| ChartMill Relative Strength | 30.35 | NEUTRAL | CFLX.CA is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of CFLX.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CFLX.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.65 | NEUTRAL | The RSI value for CFLX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CFLX.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.04 | NEUTRAL | The Stochastics value for CFLX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.16 | LOW VOLATILITY | The low ATR as a percentage value for CFLX.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 4.41 | NEGATIVE | The low ADX value for CFLX.CA suggests a weak or negative trend. |
TSX:CFLX (6/13/2025, 7:00:00 PM)
16.9
+0.02 (+0.12%)