CI FLOATING RATE INCOME FUND (CFRT.CA) Stock Technical Analysis
TSX:CFRT - Toronto Stock Exchange - CA17163R1073 - ETF - Currency: CAD
Taking everything into account, CFRT scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CFRT is only an average performer.
Warning: CFRT has an average volume of 2417 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 is trading in the upper part of its 52 week range, but not near new highs, so CFRT is leading the market.
In the last month CFRT has a been trading in the 0.00 - 21.00 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, CFRT outperforms 40% of them, which is more or less in line with the market.
Considerably lower volume is observed in the last couple of days.
CFRT has an average technical rating and also the quality of the setup is only medium 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.
More info and screens
20.12
21.24
When analyzing the support we notice one important area.
- A support zone ranging from 20.32 to 20.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.80 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 | 40.39 | 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) | UP | POSITIVE | The current price of CFRT.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 51.73 | NEUTRAL | The RSI value for CFRT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CFRT.CA has a positive trend. |
| Stochastics (14,3) | 98.7 | OVERBOUGHT | The high Stochastics value suggests CFRT.CA may be overbought. |
| Average True Range in percent/ATR (20) | 20.35 | HIGH VOLATILITY | The high ATR as a percentage value for CFRT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 9.8 | NEGATIVE | The low ADX value for CFRT.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:CFRT (6/6/2025, 7:00:00 PM)
20.71
+0.02 (+0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.1%
1 Week0.78%
2 Weeks-1%
1 Month-1.52%
3 Month0.34%
6 Month1.62%
12 Month2.88%
2 Year3.09%
3 Year6.1%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.02
ATR(20)%20.35%
ATR Inc-99.08%
Range Today0
ADR(20)0.01
ADR(20)%0.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.39
Mansfield-1.55
10 Day High20.91
10 Day Low0
20 Day High21
20 Day Low0
52 Week High21.03
52 Week Low0
CS1 End20.7
CR1 Start20.8
Volume & EV
DER(3)0%
DER(5)0%
Volume900
Volume Incr-66.37%
Vol(5)769
Vol(50)2.42K