CHEMTRADE LOGISTICS INCOM FD (CHE-UN.CA) Stock Technical Analysis
Canada - TSX:CHE-UN - CA16387P1036
12.92 CAD
+0.06 (+0.47%)
Taking everything into account, CHE-UN scores 8 out of 10 in our technical rating. Although CHE-UN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
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.
When compared to the yearly performance of all other stocks, CHE-UN outperforms 68% of them, which is more or less in line with the market.
CHE-UN is an average performer in the Chemicals industry, it outperforms 60% of 29 stocks in the same industry.
CHE-UN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
9.62
13.24
We found 3 important support areas.
- Support @11.70 from a trend line in the daily time frame.
- A support zone ranging from 10.99 to 11.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.72 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 12.94 to 13.11. 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 | 68.11 | NEUTRAL | CHE-UN.CA is not amongst the best or worst performers 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) | 68.65 | NEUTRAL | The RSI value for CHE-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests CHE-UN.CA has a negative trend. |
| Stochastics (14,3) | 38.26 | NEUTRAL | The Stochastics value for CHE-UN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.58 | LOW VOLATILITY | The low ATR as a percentage value for CHE-UN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 41.13 | POSITIVE | The high ADX value value for CHE-UN.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 13.12 | 12.74 | 0.38 (2.90%) | 25.00% |
| An entry @13.12. This is a Buy Stop order right above the resistance zone. | An exit @12.74. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.38 points, which is 2.90%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.72%. |
- 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 (9/15/2025, 7:00:00 PM)
12.92
+0.06 (+0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.47%
1 Week-0.08%
2 Weeks-1%
1 Month5.56%
3 Month15.98%
6 Month33.2%
12 Month23.11%
2 Year59.9%
3 Year83.26%
5 Year182.1%
10 Year-25.83%
15 Year11.86%
Volatility
ATR(14)0.15
ATR(20)%1.58%
ATR Inc-30.94%
Range Today0.11
ADR(20)0.2
ADR(20)%1.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.11
Mansfield0.69
10 Day High13.1
10 Day Low12.75
20 Day High13.18
20 Day Low12.24
52 Week High13.18
52 Week Low8.5
CS1 End11.7
CR1 Start12.94
Volume & EV
DER(3)-7.72%
DER(5)-8.83%
Volume335.74K
Volume Incr-47.91%
Vol(5)181.93K
Vol(50)242.73K