TSX:CGL-C - Toronto Stock Exchange - CA46432D1024 - ETF - Currency: CAD
We assign a technical rating of 10 out of 10 to CGL-C. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CGL-C is showing a nice and steady performance.
CGL-C has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 38.60, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
36.00
2 important support areas can be observed.
We can see 2 important resistance areas.
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 CGL-C.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CGL-C.CA is up. |
ChartMill Relative Strength | 81.84 | POSITIVE | CGL-C.CA has a high relative strength, it outperformed 81.84% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CGL-C.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CGL-C.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CGL-C.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 53.71 | NEUTRAL | The RSI value for CGL-C.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CGL-C.CA has a positive trend. |
Stochastics (14,3) | 64.35 | NEUTRAL | The Stochastics value for CGL-C.CA is a neutral value. |
Average True Range in percent/ATR (20) | 1.11 | LOW VOLATILITY | The low ATR as a percentage value for CGL-C.CA suggests low volalility. |
Average Directional Index/ADX (14) | 7.05 | NEGATIVE | The low ADX value for CGL-C.CA suggests a weak or negative trend. |
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 |
---|---|---|---|
39.23 | 38.12 | 1.11 (2.83%) | 25.00% |
An entry @39.23. This is a Buy Stop order right above the resistance zone. | An exit @38.12. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.11 points, which is 2.83%. | For a 0.71% total portfolio risk, you can invest 25.00% of your capital in this trade. |
TSX:CGL-C (6/17/2025, 7:00:00 PM)
38.81
+0.17 (+0.44%)