TSX:CINF - Toronto Stock Exchange - CA12559B1058 - ETF - Currency: CAD
Overall CINF gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CINF is showing a nice and steady performance.
Besides having an excellent technical rating, CINF also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 28.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 27.97, a Stop Loss order could be placed below this zone.
24.13
We found 5 important support areas.
When analyzing the resistance we notice one important area.
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 |
---|---|---|---|
28.48 | 27.31 | 1.17 (4.11%) | 24.34% |
An entry @28.48. This is a Buy Stop order right above the resistance zone. | An exit @27.31. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.17 points, which is 4.11%. | For a 1.00% total portfolio risk, you can invest 24.34% of your capital in this trade. |
TSX:CINF (5/1/2025, 7:00:00 PM)
28.01
+0.01 (+0.04%)