BETAPRO S&P/TSX CAPPED FINAN (CFOU.CA) Stock Technical Analysis
TSX:CFOU - Toronto Stock Exchange - CA08660V1058 - ETF - Currency: CAD
We assign a technical rating of 7 out of 10 to CFOU. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CFOU is a bad performer.
Although CFOU has an excellent technical rating, it does not present a decent entry opportunity 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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33.88
When analyzing the support we notice one important area.
- A support zone ranging from 34.22 to 34.81. 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 37.55 to 37.98. 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 CFOU.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CFOU.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CFOU.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 CFOU.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CFOU.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 66.91 | NEUTRAL | The RSI value for CFOU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CFOU.CA has a negative trend. |
| Stochastics (14,3) | 86.99 | OVERBOUGHT | The high Stochastics value suggests CFOU.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.29 | LOW VOLATILITY | The low ATR as a percentage value for CFOU.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 46.15 | POSITIVE | The high ADX value value for CFOU.CA suggests a strong trend. |
TSX:CFOU (7/14/2025, 7:00:00 PM)
37.54
+0.17 (+0.45%)