CI GLOBAL ALPHA INNOVATION (CINV.CA) Stock Technical Analysis
TSX:CINV - Toronto Stock Exchange - CA12567C1032 - ETF - Currency: CAD
We assign a technical rating of 7 out of 10 to CINV. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CINV is only an average performer.
Warning: CINV has an average volume of 1245 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 positive. This is a very positive sign.
CINV is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CINV is performing more or less in line with the market.
In the last month CINV has a been trading in the 21.63 - 27.88 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, CINV turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
Considerably lower volume is observed in the last couple of days.
CINV has an excellent technical rating, but 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
21.16
30.11
When analyzing the support we can see 6 important areas.
- A support zone ranging from 26.14 to 26.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.19 from a trend line in the weekly time frame.
- Support @22.72 from a trend line in the daily time frame.
- Support @22.35 from a trend line in the weekly time frame.
- Support @21.94 from a trend line in the daily time frame.
- Support @21.37 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 29.69 to 29.81. 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 CINV.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CINV.CA is up. |
| ChartMill Relative Strength | 69.78 | NEUTRAL | CINV.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CINV.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CINV.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CINV.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.31 | NEUTRAL | The RSI value for CINV.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests CINV.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 99.34 | OVERBOUGHT | The high Stochastics value suggests CINV.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for CINV.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.52 | POSITIVE | The high ADX value value for CINV.CA suggests a strong 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 |
|---|---|---|---|
| 27.89 | 26.66 | 1.23 (4.41%) | 22.67% |
| An entry @27.89. This is a Buy Stop order right above the 10 day high. | An exit @26.66. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.23 points, which is 4.41%. | For a 1.00% total portfolio risk, you can invest 22.67% of your capital in this trade. |
- 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:CINV (6/11/2025, 7:00:00 PM)
27.88
+0.2 (+0.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.72%
1 Week1.83%
2 Weeks3.07%
1 Month22.44%
3 Month-3.16%
6 Month3.87%
12 Month29.67%
2 Year72.21%
3 Year70.1%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%2.05%
ATR Inc-75.12%
Range Today0
ADR(20)0.06
ADR(20)%0.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.78
Mansfield0.55
10 Day High27.88
10 Day Low26.67
20 Day High27.88
20 Day Low21.63
52 Week High30.07
52 Week Low19.85
CS1 End26.67
CR1 Start29.69
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-67.5%
Vol(5)440.2
Vol(50)1.25K