CI ICBCCS S&P CHINA 500 INDE (CHNA-B.CA) Stock Technical Analysis
TSX:CHNA-B - Toronto Stock Exchange - CA17164T1021 - ETF - Currency: CAD
Taking everything into account, CHNA-B scores 3 out of 10 in our technical rating. CHNA-B has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Warning: CHNA-B has an average volume of 1745 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, CHNA-B turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
CHNA-B is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CHNA-B is lagging the market.
In the last month CHNA-B has a been trading in the 23.07 - 24.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of CHNA-B is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
20.47
26.45
4 important support areas can be observed.
- A support zone ranging from 22.83 to 23.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.31 from a trend line in the daily time frame.
- A support zone ranging from 21.52 to 21.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.68 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 23.84 to 23.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 25.43 to 26.19. 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 | NEUTRAL | NEUTRAL | The long term trend for CHNA-B.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CHNA-B.CA is neutral. |
| ChartMill Relative Strength | 41.65 | NEUTRAL | CHNA-B.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CHNA-B.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CHNA-B.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CHNA-B.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.65 | NEUTRAL | The RSI value for CHNA-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CHNA-B.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.27 | NEUTRAL | The Stochastics value for CHNA-B.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.14 | LOW VOLATILITY | The low ATR as a percentage value for CHNA-B.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 17.59 | NEGATIVE | The low ADX value for CHNA-B.CA suggests a weak or negative 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)
TSX:CHNA-B (6/6/2025, 7:00:00 PM)
23.75
+0.04 (+0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.17%
1 Week0.38%
2 Weeks-1.66%
1 Month1.67%
3 Month-7.3%
6 Month3.98%
12 Month11.19%
2 Year11.92%
3 Year-10.68%
5 Year-16.05%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%1.14%
ATR Inc-7.74%
Range Today0.16
ADR(20)0.11
ADR(20)%0.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.65
Mansfield0
10 Day High23.91
10 Day Low23.07
20 Day High24.63
20 Day Low23.07
52 Week High28.07
52 Week Low18.83
CS1 End23.73
CR1 Start23.84
Volume & EV
DER(3)1.41%
DER(5)0.84%
Volume641
Volume Incr168.65%
Vol(5)1.93K
Vol(50)1.75K