TSX:CFOU - Toronto Stock Exchange - CA08660V1058 - ETF - Currency: CAD
Taking everything into account, CFOU scores 6 out of 10 in our technical rating. CFOU 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.
CFOU has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. Very recently a Pocket Pivot signal was observed. This is another positive sign.
33.10
We found 1 important support area.
We found 1 important resistance area.
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) | 69.79 | NEUTRAL | The RSI value for CFOU.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests CFOU.CA has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 77.28 | NEUTRAL | The Stochastics value for CFOU.CA is a neutral value. |
Average True Range in percent/ATR (20) | 1.25 | LOW VOLATILITY | The low ATR as a percentage value for CFOU.CA suggests low volalility. |
Average Directional Index/ADX (14) | 39.3 | POSITIVE | The high ADX value value for CFOU.CA suggests a strong trend. |
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 |
---|---|---|---|
35.15 | 34.07 | 1.08 (3.07%) | 25.00% |
An entry @35.15. This is a Buy Stop order right above the resistance zone. | An exit @34.07. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.08 points, which is 3.07%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.77%. |
TSX:CFOU (6/6/2025, 7:00:00 PM)
35.08
+0.38 (+1.1%)