TSX:CGRE - Toronto Stock Exchange - CA17164X1033 - ETF - Currency: CAD
We assign a technical rating of 5 out of 10 to CGRE. CGRE has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
CGRE has only a medium technical rating, but it does show 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 21.55. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.28, a Stop Loss order could be placed below this zone.
19.38
When analyzing the support we can see 3 important areas.
2 important resistance areas can be observed.
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 | NEUTRAL | NEUTRAL | The long term trend for CGRE.CA is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CGRE.CA is up. |
ChartMill Relative Strength | 45.58 | NEUTRAL | CGRE.CA is not amongst the best or worst performers 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) | 53.76 | NEUTRAL | The RSI value for CGRE.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CGRE.CA has a positive trend. |
Stochastics (14,3) | 72.57 | NEUTRAL | The Stochastics value for CGRE.CA is a neutral value. |
Average True Range in percent/ATR (20) | 1.01 | LOW VOLATILITY | The low ATR as a percentage value for CGRE.CA suggests low volalility. |
Average Directional Index/ADX (14) | 9.3 | NEGATIVE | The low ADX value for CGRE.CA suggests a weak or negative trend. |
TSX:CGRE (6/10/2025, 7:00:00 PM)
21.37
+0.18 (+0.85%)