ISHARES 1-10 YEAR LADDERED G (CLG.CA) Stock Technical Analysis
Canada - TSX:CLG - CA46431U1057 - ETF
Taking everything into account, CLG scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CLG is a bad performer.
Although the technical rating is only medium, CLG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 17.59. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.54, a Stop Loss order could be placed below this zone.
More info and screens
16.44
We found 2 important support areas.
- A support zone ranging from 17.00 to 17.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.61 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 17.59 to 17.61. 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 CLG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CLG.CA is up. |
| ChartMill Relative Strength | 26.4 | NEGATIVE | CLG.CA has a low relative strength, it was outperformed by 73.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CLG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CLG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CLG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.63 | NEUTRAL | The RSI value for CLG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CLG.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.22 | OVERBOUGHT | The high Stochastics value suggests CLG.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.19 | LOW VOLATILITY | The low ATR as a percentage value for CLG.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 30.78 | POSITIVE | The high ADX value value for CLG.CA suggests a strong trend. |
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 |
|---|---|---|---|
| 17.59 | 17.49 | 0.11 (0.60%) | 25.00% |
| An entry @17.59. This is a Buy Stop order right above the 10 day high. | An exit @17.48. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.11 points, which is 0.60%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.15%. |
- 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:CLG (9/19/2025, 7:00:00 PM)
17.54
-0.02 (-0.09%)