CI GL QUTY DIV GRWTH ETF (CGQD-B.CA) Stock Technical Analysis
TSX:CGQD-B - Toronto Stock Exchange - CA17165J2020 - ETF - Currency: CAD
Taking everything into account, CGQD-B scores 4 out of 10 in our technical rating. In the last year, CGQD-B 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.
Although the technical rating is only medium, CGQD-B does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 22.08. Right above this resistance zone may be a good entry point.
More info and screens
20.53
We found 1 important support area.
- A support zone ranging from 20.74 to 21.02. 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 22.08 to 22.08. 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 CGQD-B.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CGQD-B.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CGQD-B.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 CGQD-B.CA is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 60.81 | NEUTRAL | The RSI value for CGQD-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests CGQD-B.CA has a negative trend. |
| Stochastics (14,3) | 99.35 | OVERBOUGHT | The high Stochastics value suggests CGQD-B.CA may be overbought. |
| Average True Range in percent/ATR (20) | 11.24 | HIGH VOLATILITY | The high ATR as a percentage value for CGQD-B.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 30.57 | POSITIVE | The high ADX value value for CGQD-B.CA suggests a strong trend. |
TSX:CGQD-B (7/28/2025, 7:00:00 PM)
22.07
+0.28 (+1.28%)