CI HIGH YIELD BOND PVT POOL (CGHY-U.CA) Stock Technical Analysis
TSX:CGHY-U - Toronto Stock Exchange - CA12568N2077 - ETF - Currency: USD
Taking everything into account, CGHY-U scores 4 out of 10 in our technical rating. CGHY-U has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
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.
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9.28
When analyzing the support we can see 2 important 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%)