CHEMTRADE LOGISTICS INCOM FD (CHE-UN.CA) Stock Technical Analysis
TSX:CHE-UN • CA16387P1036
We assign a technical rating of 10 out of 10 to CHE-UN. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CHE-UN is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that CHE-UN is one of the better performing stocks in the market, outperforming 71% of all stocks. On top of that, CHE-UN also shows a nice and consistent pattern of rising prices.
- CHE-UN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- CHE-UN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- CHE-UN is an average performer in the Chemicals industry, it outperforms 66% of 28 stocks in the same industry.
Besides having an excellent technical rating, CHE-UN also presents a decent setup pattern. 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 16.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.14, a Stop Loss order could be placed below this zone.
More info and screens
13.13
4 important support areas can be observed.
- Support @15.81 from a trend line in the daily time frame.
- A support zone ranging from 15.30 to 15.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.66 from a horizontal line in the daily time frame.
- Support @13.26 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.95 to 16.21. 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 CHE-UN.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CHE-UN.CA is up. |
| ChartMill Relative Strength | 71.39 | POSITIVE | CHE-UN.CA has a high relative strength, it outperformed 71.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CHE-UN.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CHE-UN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CHE-UN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.64 | NEUTRAL | The RSI value for CHE-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CHE-UN.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.83 | NEUTRAL | The Stochastics value for CHE-UN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for CHE-UN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 49.52 | POSITIVE | The high ADX value value for CHE-UN.CA suggests a strong 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 |
|---|---|---|---|
| 16.22 | 15.80 | 0.42 (2.59%) | 25.00% |
| An entry @16.22. This is a Buy Stop order right above the resistance zone. | An exit @15.80. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.42 points, which is 2.59%. | For a 0.65% 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 CHE-UN. 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:CHE-UN (2/25/2026, 7:00:00 PM)
15.89
-0.22 (-1.37%)
CHEMTRADE LOGISTICS INCOM FD / CHE-UN.CA FAQ
What is the technical rating for CHE-UN stock?
ChartMill assigns a technical rating of 10 / 10 to CHE-UN.CA.
What is the trend direction for CHE-UN stock?
The current trend direction for CHEMTRADE LOGISTICS INCOM FD (CHE-UN.CA) is Bullish.
Can you provide the RSI signal for CHEMTRADE LOGISTICS INCOM FD?
CHEMTRADE LOGISTICS INCOM FD (CHE-UN.CA) has an RSI value of 62.6396. This indicates that the stock is currently neutral.
What is the buy/sell signal for CHE-UN stock?
The buy/sell signal for CHEMTRADE LOGISTICS INCOM FD (CHE-UN.CA) is buy as both the short term and long term trends are positive.
What is the support and resistance level for CHE-UN stock?
CHEMTRADE LOGISTICS INCOM FD (CHE-UN.CA) has a support level at 16.14 and a resistance level at 16.2. Check the full technical report for our detailed analysis of CHE-UN.CA support and resistance levels.