CI HIGH YIELD BOND PVT POOL (CGHY-U.CA) Stock Technical Analysis
TSX:CGHY-U - Toronto Stock Exchange - CA12568N2077 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to CGHY-U. In the last year, CGHY-U was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
CGHY-U 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
9.28
We found 2 important support areas.
- Support @10.10 from a trend line in the daily time frame.
- A support zone ranging from 9.37 to 9.39. 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 10.47 to 10.53. 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 | UP | POSITIVE | The long term trend for CGHY-U.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CGHY-U.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CGHY-U.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CGHY-U.CA is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 62.11 | NEUTRAL | The RSI value for CGHY-U.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests CGHY-U.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 99.27 | OVERBOUGHT | The high Stochastics value suggests CGHY-U.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.83 | LOW VOLATILITY | The low ATR as a percentage value for CGHY-U.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 27.07 | POSITIVE | The high ADX value value for CGHY-U.CA suggests a strong trend. |
TSX:CGHY-U (5/30/2025, 7:00:00 PM)
10.44
-0.04 (-0.38%)