GLB X S&P/TSX 60 COVERED ETF (CNCC.CA) Stock Technical Analysis
TSX:CNCC - Toronto Stock Exchange - CA37964D1078 - ETF - Currency: CAD
Overall CNCC gets a technical rating of 7 out of 10. Although CNCC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: CNCC has an average volume of 5281 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.
CNCC 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.
When compared to the yearly performance of all other stocks, CNCC outperforms 42% of them, which is more or less in line with the market.
In the last month CNCC has a been trading in a tight range between 12.50 and 12.76.
Although CNCC has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
11.42
12.98
When analyzing the support we can see 2 important areas.
- A support zone ranging from 12.51 to 12.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.54 to 11.71. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 12.77 to 12.85. 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 CNCC.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNCC.CA is up. |
| ChartMill Relative Strength | 42.69 | NEUTRAL | CNCC.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CNCC.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CNCC.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CNCC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.91 | NEUTRAL | The RSI value for CNCC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CNCC.CA has a positive trend. |
| Stochastics (14,3) | 74.17 | NEUTRAL | The Stochastics value for CNCC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.46 | LOW VOLATILITY | The low ATR as a percentage value for CNCC.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 35.16 | POSITIVE | The high ADX value value for CNCC.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)
TSX:CNCC (7/17/2025, 7:00:00 PM)
12.76
+0.08 (+0.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.63%
1 Week0.79%
2 Weeks1.03%
1 Month1.75%
3 Month6.96%
6 Month1.59%
12 Month6.24%
2 Year4.08%
3 Year-0.93%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%0.46%
ATR Inc20.99%
Range Today0.06
ADR(20)0.05
ADR(20)%0.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.69
Mansfield-0.5
10 Day High12.76
10 Day Low12.59
20 Day High12.76
20 Day Low12.5
52 Week High12.88
52 Week Low11.07
CS1 End12.65
CR1 Start12.77
Volume & EV
DER(3)0%
DER(5)0%
Volume10.37K
Volume Incr-38.13%
Vol(5)4.01K
Vol(50)5.28K