Canada - TSX:CGRE - CA17164X1033 - ETF
Taking everything into account, CGRE scores 5 out of 10 in our technical rating. CGRE 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.
Although the technical rating is only medium, CGRE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 21.45. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.36, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
19.49
4 important support areas can be observed.
When analyzing the resistance we notice 2 important 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 CGRE.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CGRE.CA is up. |
ChartMill Relative Strength | 20.9 | NEGATIVE | CGRE.CA has a low relative strength, it was outperformed by 79.1% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CGRE.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CGRE.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CGRE.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 54.51 | NEUTRAL | The RSI value for CGRE.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CGRE.CA has a positive trend. |
Stochastics (14,3) | 87.37 | OVERBOUGHT | The high Stochastics value suggests CGRE.CA may be overbought. |
Average True Range in percent/ATR (20) | 0.61 | LOW VOLATILITY | The low ATR as a percentage value for CGRE.CA suggests low volalility. |
Average Directional Index/ADX (14) | 6.57 | NEGATIVE | The low ADX value for CGRE.CA suggests a weak or negative trend. |
TSX:CGRE (9/9/2025, 7:00:00 PM)
21.45
+0.03 (+0.14%)