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 1 out of 10. CHNA-B's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
67% of all other stocks performed better in the past year than CHNA-B.
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 near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: CHNA-B has an average volume of 1730 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.
CHNA-B is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CHNA-B is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
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
20.52
26.45
When analyzing the support we can see 5 important areas.
- A support zone ranging from 23.28 to 23.36. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @22.83 from a horizontal line in the daily time frame.
- Support @22.40 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 @20.73 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 23.55 to 23.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.36 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 | 33.72 | NEUTRAL | CHNA-B.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CHNA-B.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CHNA-B.CA is below 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) | 46.89 | NEUTRAL | The RSI value for CHNA-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CHNA-B.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.71 | NEUTRAL | The Stochastics value for CHNA-B.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.08 | LOW VOLATILITY | The low ATR as a percentage value for CHNA-B.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 15.15 | 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 (6/13/2025, 7:00:00 PM)
23.52
-0.37 (-1.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.55%
1 Week-0.8%
2 Weeks0.09%
1 Month-3.25%
3 Month-9.5%
6 Month0.94%
12 Month10.42%
2 Year10.84%
3 Year-11.55%
5 Year-16.86%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%1.08%
ATR Inc47.8%
Range Today0
ADR(20)0.13
ADR(20)%0.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.72
Mansfield-0.06
10 Day High24.12
10 Day Low23.07
20 Day High24.63
20 Day Low23.07
52 Week High28.07
52 Week Low18.83
CS1 End23.36
CR1 Start23.55
Volume & EV
DER(3)0%
DER(5)0%
Volume358
Volume Incr-30.53%
Vol(5)759.8
Vol(50)1.73K