CHEELCARE INC (CHER.CA) Stock Technical Analysis
Canada - TSX-V:CHER - CA16308C1086 - Common Stock
Taking everything into account, CHER scores 3 out of 10 in our technical rating. In the last year, CHER was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is bad, CHER does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.05. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for CHER in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.92
When analyzing the support we can see 2 important areas.
- Support @0.95 from a horizontal line in the weekly time frame.
- Support @0.93 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.05 to 1.06. This zone is formed by a combination of multiple trend lines 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 CHER.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CHER.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CHER.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CHER.CA is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 52.09 | NEUTRAL | The RSI value for CHER.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CHER.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.85 | NEUTRAL | The Stochastics value for CHER.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.48 | MEDIUM VOLATILITY | The ATR as a percentage value for CHER.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.7 | NEGATIVE | The low ADX value for CHER.CA suggests a weak or negative trend. |
TSX-V:CHER (9/17/2025, 7:00:00 PM)
0.99
+0.05 (+5.32%)