Canada - TSX:CGBI - CA12548U1075 - ETF
Overall CGBI gets a technical rating of 5 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CGBI is a bad performer.
CGBI has an average technical rating and it also does not offer a high quality setup 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.
17.18
When analyzing the support we notice one important 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 CGBI.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CGBI.CA is up. |
ChartMill Relative Strength | 23.47 | NEGATIVE | CGBI.CA has a low relative strength, it was outperformed by 76.53% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CGBI.CA is above a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CGBI.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CGBI.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 57.37 | NEUTRAL | The RSI value for CGBI.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CGBI.CA has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 68.06 | NEUTRAL | The Stochastics value for CGBI.CA is a neutral value. |
Average True Range in percent/ATR (20) | 0.12 | LOW VOLATILITY | The low ATR as a percentage value for CGBI.CA suggests low volalility. |
Average Directional Index/ADX (14) | 10.22 | NEGATIVE | The low ADX value for CGBI.CA suggests a weak or negative trend. |
TSX:CGBI (10/14/2025, 7:00:00 PM)
17.71
+0.03 (+0.17%)