CHEMTRADE LOGISTICS INCOM FD (CHE-UN.CA) Stock Technical Analysis
Canada - TSX:CHE-UN - CA16387P1036
Taking everything into account, CHE-UN scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Besides having an excellent technical rating, CHE-UN also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 13.38. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.26, a Stop Loss order could be placed below this zone.
More info and screens
9.78
5 important support areas can be observed.
- A support zone ranging from 13.21 to 13.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.66 from a trend line in the daily time frame.
- Support @11.56 from a trend line in the daily time frame.
- Support @11.01 from a horizontal line in the daily time frame.
- Support @9.88 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 13.38 to 13.51. 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 | NEUTRAL | NEUTRAL | The short term trend for CHE-UN.CA is neutral. |
| ChartMill Relative Strength | 70.55 | POSITIVE | CHE-UN.CA has a high relative strength, it outperformed 70.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CHE-UN.CA is below a declining 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) | 48.36 | 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. |
| Stochastics (14,3) | 46.59 | NEUTRAL | The Stochastics value for CHE-UN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1 | LOW VOLATILITY | The low ATR as a percentage value for CHE-UN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 33.32 | 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 |
|---|---|---|---|
| 13.39 | 13.20 | 0.19 (1.40%) | 25.00% |
| An entry @13.39. This is a Buy Stop order right above the 10 day moving average. | An exit @13.20. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.19 points, which is 1.40%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.35%. |
- 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 (11/4/2025, 7:00:00 PM)
13.27
-0.07 (-0.52%)
CHEMTRADE LOGISTICS INCOM FD / CHE-UN.CA FAQ
What is the technical rating for CHE-UN stock?
ChartMill assigns a technical rating of 7 / 10 to CHE-UN.CA.
What is the current trend direction of CHEMTRADE LOGISTICS INCOM FD (CHE-UN.CA) 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 48.3649. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CHEMTRADE LOGISTICS INCOM FD?
The MACD indicator for CHEMTRADE LOGISTICS INCOM FD (CHE-UN.CA) has a value of -0.0331946, indicating a bearish trend.
Can you provide the support and resistance levels for CHEMTRADE LOGISTICS INCOM FD?
CHEMTRADE LOGISTICS INCOM FD (CHE-UN.CA) has a support level at 13.26 and a resistance level at 13.38. Check the full technical report for our detailed analysis of CHE-UN.CA support and resistance levels.