GLOBAL X ARTIFICIAL INTELLIG (CHPS.CA) Stock Technical Analysis
TSX:CHPS - Toronto Stock Exchange - CA3799331044 - ETF - Currency: CAD
Taking everything into account, CHPS scores 8 out of 10 in our technical rating. Although CHPS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: CHPS has an average volume of 4749 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!
In the last month CHPS has a been trading in the 35.31 - 40.38 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, CHPS turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
CHPS 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 CHPS is lagging the market slightly.
Although CHPS has an excellent technical rating, the quality of the presented setup is not ideal 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
29.24
41.11
When analyzing the support we can see 3 important areas.
- A support zone ranging from 38.45 to 38.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 37.20 to 37.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.54 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 40.66 to 40.70. 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 CHPS.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CHPS.CA is up. |
| ChartMill Relative Strength | 44.65 | NEUTRAL | CHPS.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CHPS.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CHPS.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CHPS.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.71 | NEUTRAL | The RSI value for CHPS.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests CHPS.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 83.83 | OVERBOUGHT | The high Stochastics value suggests CHPS.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.13 | MEDIUM VOLATILITY | The ATR as a percentage value for CHPS.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.7 | NEUTRAL | The ADX value for CHPS.CA suggests a possible start of a new 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 |
|---|---|---|---|
| 40.71 | 38.44 | 2.27 (5.58%) | 17.93% |
| An entry @40.71. This is a Buy Stop order right above the resistance zone. | An exit @38.44. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.27 points, which is 5.58%. | When investing 17.93% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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:CHPS (6/6/2025, 7:00:00 PM)
39.69
+0.04 (+0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.1%
1 Week4.58%
2 Weeks5.64%
1 Month11.8%
3 Month9.07%
6 Month3.56%
12 Month-3.26%
2 Year43.13%
3 Year104.77%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.81
ATR(20)%2.13%
ATR Inc-9.91%
Range Today0.64
ADR(20)0.64
ADR(20)%1.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.65
Mansfield-0.1
10 Day High40.38
10 Day Low37.51
20 Day High40.38
20 Day Low35.31
52 Week High46.35
52 Week Low27.21
CS1 End38.96
CR1 Start40.66
Volume & EV
DER(3)0.54%
DER(5)-1.14%
Volume5.07K
Volume Incr25.6%
Vol(5)4.92K
Vol(50)4.75K