CIBC GLOBAL BOND EX-CANADA I (CGBI.CA) Stock Technical Analysis
Canada - TSX:CGBI - CA12548U1075 - ETF
17.72 CAD
-0.02 (-0.11%)
We assign a technical rating of 6 out of 10 to CGBI. Although CGBI is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
79% of all other stocks performed better in the past year than CGBI.
Warning: CGBI has an average volume of 11105 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
CGBI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CGBI is lagging the market.
In the last month CGBI has a been trading in a tight range between 17.54 and 17.78.
CGBI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 17.66, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
17.18
18.29
We found 1 important support area.
- A support zone ranging from 17.35 to 17.66. 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 17.73 to 18.11. 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 CGBI.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CGBI.CA is up. |
| ChartMill Relative Strength | 21.76 | NEGATIVE | CGBI.CA has a low relative strength, it was outperformed by 78.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CGBI.CA is above the rising 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) | DOWN | MIXED | The current price of CGBI.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.72 | NEUTRAL | The RSI value for CGBI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CGBI.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.11 | OVERBOUGHT | The high Stochastics value suggests CGBI.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.17 | LOW VOLATILITY | The low ATR as a percentage value for CGBI.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 17.22 | NEGATIVE | The low ADX value for CGBI.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)
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 |
|---|---|---|---|
| 17.74 | 17.66 | 0.08 (0.45%) | 25.00% |
| An entry @17.74. This is a Buy Stop order right above the 10 day moving average. | An exit @17.66. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.08 points, which is 0.45%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.11%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:CGBI (9/18/2025, 7:00:00 PM)
17.72
-0.02 (-0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.11%
1 Week-0.11%
2 Weeks1.03%
1 Month0.8%
3 Month0.57%
6 Month1.14%
12 Month-1.5%
2 Year5.98%
3 Year-2.26%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%0.17%
ATR Inc6.52%
Range Today0
ADR(20)0.01
ADR(20)%0.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.76
Mansfield-1.01
10 Day High17.78
10 Day Low17.67
20 Day High17.78
20 Day Low17.54
52 Week High18.11
52 Week Low17.35
CS1 End17.66
CR1 Start17.73
Volume & EV
DER(3)0%
DER(5)0%
Volume1.80K
Volume Incr-19.59%
Vol(5)13.27K
Vol(50)11.11K