CI ICBCCS S&P CHINA 500 INDE (CHNA-B.CA) Stock Technical Analysis
TSX:CHNA-B - Toronto Stock Exchange - CA17164T1021 - ETF - Currency: CAD
Overall CHNA-B gets a technical rating of 8 out of 10. Although CHNA-B is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: CHNA-B has an average volume of 920 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
CHNA-B is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CHNA-B is lagging the market slightly.
In the last month CHNA-B has a been trading in the 0.00 - 25.18 range, which is quite wide. It is currently trading near the high of this range.
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 69% of all stocks.
CHNA-B has an excellent technical rating and 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 25.75. Right above this resistance zone may be a good entry point.
More info and screens
20.77
26.26
When analyzing the support we can see 4 important areas.
- Support @25.03 from a trend line in the daily time frame.
- A support zone ranging from 23.76 to 24.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.78 from a horizontal line in the weekly time frame.
- Support @20.98 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 25.75 to 26.00. This zone is formed by a combination of multiple trend lines in the weekly time frame.
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 CHNA-B.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CHNA-B.CA is up. |
| ChartMill Relative Strength | 69.81 | NEUTRAL | CHNA-B.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CHNA-B.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CHNA-B.CA is above the rising 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) | 54.31 | NEUTRAL | The RSI value for CHNA-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests CHNA-B.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 99.81 | OVERBOUGHT | The high Stochastics value suggests CHNA-B.CA may be overbought. |
| Average True Range in percent/ATR (20) | 10.37 | HIGH VOLATILITY | The high ATR as a percentage value for CHNA-B.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 10.32 | 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 (7/18/2025, 7:00:00 PM)
25.18
+0.33 (+1.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.33%
1 Week3.71%
2 Weeks5.98%
1 Month7.06%
3 Month12.71%
6 Month10.1%
12 Month25.9%
2 Year10.39%
3 Year3.58%
5 Year-18.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.96
ATR(20)%10.37%
ATR Inc-92.45%
Range Today0
ADR(20)0.08
ADR(20)%0.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.81
Mansfield0.1
10 Day High25.18
10 Day Low23.91
20 Day High25.18
20 Day Low0
52 Week High28.07
52 Week Low0
CS1 End25.03
CR1 Start25.75
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-22.98%
Vol(5)689.4
Vol(50)920.4