CI GLOBAL REAL ASSET PRIVATE (CGRA.CA) Stock Technical Analysis
TSX:CGRA - Toronto Stock Exchange - CA12559R1001 - ETF - Currency: CAD
We assign a technical rating of 7 out of 10 to CGRA. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CGRA is a bad performer.
CGRA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 22.95. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.91, a Stop Loss order could be placed below this zone.
More info and screens
19.42
3 important support areas can be observed.
- A support zone ranging from 22.15 to 22.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.03 from a horizontal line in the daily time frame.
- Support @19.62 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.95 to 23.40. This zone is formed by a combination of multiple trend lines and important moving averages 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 CGRA.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CGRA.CA is up. |
| ChartMill Relative Strength | 39.93 | NEUTRAL | CGRA.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CGRA.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CGRA.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CGRA.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.25 | NEUTRAL | The RSI value for CGRA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests CGRA.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 99.04 | OVERBOUGHT | The high Stochastics value suggests CGRA.CA may be overbought. |
| Average True Range in percent/ATR (20) | 10.8 | HIGH VOLATILITY | The high ATR as a percentage value for CGRA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 9.18 | NEGATIVE | The low ADX value for CGRA.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 |
|---|---|---|---|
| 23.41 | 22.74 | 0.67 (2.86%) | 25.00% |
| An entry @23.41. This is a Buy Stop order right above the resistance zone. | An exit @22.74. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.67 points, which is 2.86%. | For a 0.72% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CGRA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:CGRA (7/8/2025, 7:00:00 PM)
22.92
-0.04 (-0.17%)