CI FLOATING RATE INCOME FUND (CFRT.CA) Stock Technical Analysis
TSX:CFRT • CA17163R1073
Taking everything into account, CFRT scores 5 out of 10 in our technical rating. CFRT was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
- When comparing the yearly performance of all stocks, CFRT is a bad performer in the overall market: 69% of all stocks are doing better.
- Warning: CFRT has an average volume of 1494 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- CFRT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month CFRT has a been trading in the 0.00 - 20.77 range, which is quite wide. It is currently trading near the high of this range.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, CFRT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 20.72. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.70, a Stop Loss order could be placed below this zone.
More info and screens
19.47
When analyzing the support we notice one important area.
- A support zone ranging from 19.67 to 20.70. 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 20.72 to 21.03. 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 | UP | POSITIVE | The long term trend for CFRT.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CFRT.CA is up. |
| ChartMill Relative Strength | 31.08 | NEUTRAL | CFRT.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CFRT.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CFRT.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CFRT.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.77 | NEUTRAL | The RSI value for CFRT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests CFRT.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 99.68 | OVERBOUGHT | The high Stochastics value suggests CFRT.CA may be overbought. |
| Average True Range in percent/ATR (20) | 10.1 | HIGH VOLATILITY | The high ATR as a percentage value for CFRT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 5.81 | NEGATIVE | The low ADX value for CFRT.CA suggests a weak or negative trend. |
TSX:CFRT (2/17/2026, 7:00:00 PM)
20.72
+0.05 (+0.24%)
CI FLOATING RATE INCOME FUND / CFRT.CA FAQ
What is the ChartMill technical rating of CI FLOATING RATE INCOME FUND (CFRT.CA) stock?
ChartMill assigns a technical rating of 5 / 10 to CFRT.CA.
What is the trend direction for CFRT stock?
The current trend direction for CI FLOATING RATE INCOME FUND (CFRT.CA) is Bullish.
What is the RSI signal for CFRT stock?
CI FLOATING RATE INCOME FUND (CFRT.CA) has an RSI value of 51.7731. This indicates that the stock is currently neutral.
What is the MACD signal for CFRT stock?
The MACD indicator for CI FLOATING RATE INCOME FUND (CFRT.CA) has a value of 0.199173, indicating a bearish trend.
Can you provide the support and resistance levels for CI FLOATING RATE INCOME FUND?
CI FLOATING RATE INCOME FUND (CFRT.CA) has a support level at 20.7 and a resistance level at 20.72. Check the full technical report for our detailed analysis of CFRT.CA support and resistance levels.