CI CANADIAN BANKS COVERED CA (CIC.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:CIC • CA17163X4012
Overall CIC gets a technical rating of 5 out of 10. In the last year, CIC was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- Warning: CIC has an average volume of 9470 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- CIC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- When compared to the yearly performance of all other stocks, CIC outperforms 63% of them, which is more or less in line with the market.
- In the last month CIC has a been trading in a tight range between 15.22 and 15.76.
CIC has an average technical rating and also the quality of the setup is only medium 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
11.57
2 important support areas can be observed.
- A support zone ranging from 15.23 to 15.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.69 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 15.68 to 15.70. 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 CIC.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CIC.CA is neutral. |
| ChartMill Relative Strength | 63.23 | NEUTRAL | CIC.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CIC.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CIC.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CIC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.13 | NEUTRAL | The RSI value for CIC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CIC.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.63 | NEUTRAL | The Stochastics value for CIC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.9 | LOW VOLATILITY | The low ATR as a percentage value for CIC.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 23.15 | NEUTRAL | The ADX value for CIC.CA suggests a possible start of a new trend. |
TSX:CIC (2/3/2026, 7:00:00 PM)
15.64
+0.1 (+0.61%)
CI CANADIAN BANKS COVERED CA / CIC.CA FAQ
What is the ChartMill technical rating of CI CANADIAN BANKS COVERED CA (CIC.CA) stock?
ChartMill assigns a technical rating of 5 / 10 to CIC.CA.
What is the trend direction for CIC stock?
The current trend direction for CI CANADIAN BANKS COVERED CA (CIC.CA) is Bullish.
Can you provide the RSI signal for CI CANADIAN BANKS COVERED CA?
CI CANADIAN BANKS COVERED CA (CIC.CA) has an RSI value of 57.1311. This indicates that the stock is currently neutral.
What is the short term momentum for CIC stock?
The short term momentum for CI CANADIAN BANKS COVERED CA (CIC.CA) is neutral.