CIBC GLOBAL BOND EX-CANADA I (CGBI.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:CGBI - CA12548U1075 - ETF
We assign a technical rating of 0 out of 10 to CGBI. CGBI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, CGBI does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 17.63. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.60, a Stop Loss order could be placed below this zone.
More info and screens
17.18
When analyzing the support we notice one important area.
- A support zone ranging from 17.35 to 17.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 17.63 to 17.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.00 to 18.11. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for CGBI.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CGBI.CA is neutral. |
| ChartMill Relative Strength | 26.2 | NEGATIVE | CGBI.CA has a low relative strength, it was outperformed by 73.8% 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) | DOWN | NEGATIVE | The current price of CGBI.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CGBI.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.97 | NEUTRAL | The RSI value for CGBI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CGBI.CA has a positive trend. |
| Stochastics (14,3) | 47.22 | NEUTRAL | The Stochastics value for CGBI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.25 | LOW VOLATILITY | The low ATR as a percentage value for CGBI.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 23.71 | NEUTRAL | The ADX value for CGBI.CA suggests a possible start of a new trend. |
TSX:CGBI (1/7/2026, 7:00:00 PM)
17.62
+0.03 (+0.17%)
CIBC GLOBAL BOND EX-CANADA I / CGBI.CA FAQ
What is the ChartMill technical rating of CIBC GLOBAL BOND EX-CANADA I (CGBI.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to CGBI.CA.
What is the trend direction for CGBI stock?
The current trend direction for CIBC GLOBAL BOND EX-CANADA I (CGBI.CA) is Bearish.
Can you provide the RSI signal for CIBC GLOBAL BOND EX-CANADA I?
CIBC GLOBAL BOND EX-CANADA I (CGBI.CA) has an RSI value of 49.9666. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CIBC GLOBAL BOND EX-CANADA I?
The short term momentum for CIBC GLOBAL BOND EX-CANADA I (CGBI.CA) is neutral.
What is the support and resistance level for CGBI stock?
CIBC GLOBAL BOND EX-CANADA I (CGBI.CA) has a support level at 17.6 and a resistance level at 17.63. Check the full technical report for our detailed analysis of CGBI.CA support and resistance levels.