CI ALTERNATIVE NORTH AMERICA (CNAO.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:CNAO • CA12546N1050
Overall CNAO gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CNAO has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Warning: CNAO has an average volume of 3200 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that CNAO is one of the better performing stocks in the market, outperforming 79% of all stocks. On top of that, CNAO also shows a nice and consistent pattern of rising prices.
- CNAO 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.
- In the last month CNAO has a been trading in the 26.17 - 33.77 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- 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 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
25.55
We found 2 important support areas.
- A support zone ranging from 27.19 to 27.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.81 from a horizontal 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.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNAO.CA is up. |
| ChartMill Relative Strength | 79.02 | POSITIVE | CNAO.CA has a high relative strength, it outperformed 79.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CNAO.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CNAO.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 66.25 | NEUTRAL | The RSI value for CNAO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests CNAO.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 97.8 | OVERBOUGHT | The high Stochastics value suggests CNAO.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.5 | MEDIUM VOLATILITY | The ATR as a percentage value for CNAO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 28.98 | POSITIVE | The high ADX value value for CNAO.CA suggests a strong trend. |
TSX:CNAO (1/27/2026, 7:00:00 PM)
33.58
-0.07 (-0.21%)
CI ALTERNATIVE NORTH AMERICA / CNAO.CA FAQ
Can you provide the ChartMill technical rating for CI ALTERNATIVE NORTH AMERICA?
ChartMill assigns a technical rating of 10 / 10 to CNAO.CA.
What is the trend direction for CNAO stock?
The current trend direction for CI ALTERNATIVE NORTH AMERICA (CNAO.CA) is Bullish.
What is the RSI signal for CNAO stock?
CI ALTERNATIVE NORTH AMERICA (CNAO.CA) has an RSI value of 66.2475. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CI ALTERNATIVE NORTH AMERICA?
The short term momentum for CI ALTERNATIVE NORTH AMERICA (CNAO.CA) is positive.
What is the support and resistance level for CNAO stock?
CI ALTERNATIVE NORTH AMERICA (CNAO.CA) has a support level at 27.59. Check the full technical report for our detailed analysis of CNAO.CA support and resistance levels.