CI ALTERNATIVE NORTH AMERICA (CNAO-U.CA) Stock Technical Analysis
TSX:CNAO-U • CA12546N2041
We assign a technical rating of 7 out of 10 to CNAO-U. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CNAO-U is a bad performer.
- When comparing the yearly performance of all stocks, CNAO-U is a bad performer in the overall market: 100% of all stocks are doing better.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- Warning: CNAO-U has an average volume of 5907 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.
- In the last month CNAO-U has a been trading in the 26.91 - 35.10 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CNAO-U has an excellent technical rating, it does not present a decent entry opportunity 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
26.05
We found 2 important support areas.
- A support zone ranging from 27.54 to 27.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.31 from a trend line in the daily time frame.
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 CNAO-U.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNAO-U.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CNAO-U.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CNAO-U.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CNAO-U.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 62.39 | NEUTRAL | The RSI value for CNAO-U.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests CNAO-U.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.5 | OVERBOUGHT | The high Stochastics value suggests CNAO-U.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.77 | MEDIUM VOLATILITY | The ATR as a percentage value for CNAO-U.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 29.9 | POSITIVE | The high ADX value value for CNAO-U.CA suggests a strong trend. |
TSX:CNAO-U (1/30/2026, 7:00:00 PM)
33.6
-1.2 (-3.45%)
CI ALTERNATIVE NORTH AMERICA / CNAO-U.CA FAQ
What is the technical rating for CNAO-U stock?
ChartMill assigns a technical rating of 7 / 10 to CNAO-U.CA.
What is the current trend direction of CI ALTERNATIVE NORTH AMERICA (CNAO-U.CA) stock?
The current trend direction for CI ALTERNATIVE NORTH AMERICA (CNAO-U.CA) is Bullish.
What is the RSI signal for CI ALTERNATIVE NORTH AMERICA (CNAO-U.CA) stock?
CI ALTERNATIVE NORTH AMERICA (CNAO-U.CA) has an RSI value of 62.3872. This indicates that the stock is currently neutral.
What is the buy/sell signal for CNAO-U stock?
The buy/sell signal for CI ALTERNATIVE NORTH AMERICA (CNAO-U.CA) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for CI ALTERNATIVE NORTH AMERICA (CNAO-U.CA) stock?
CI ALTERNATIVE NORTH AMERICA (CNAO-U.CA) has a support level at 27.8. Check the full technical report for our detailed analysis of CNAO-U.CA support and resistance levels.