GLB X S&P/TSX 60 COVERED ETF (CNCC.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:CNCC • CA37964D1078
Taking everything into account, CNCC scores 4 out of 10 in our technical rating. In the last year, CNCC was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- Warning: CNCC has an average volume of 19042 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- CNCC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CNCC is lagging the market slightly.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- 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 13.39 and 14.10.
- Volume is considerably higher in the last couple of days.
CNCC has an average technical rating and it also does not offer a high quality setup 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
11.59
When analyzing the support we can see 2 important areas.
- A support zone ranging from 13.22 to 13.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.71 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 13.63 to 13.99. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for CNCC.CA is down. |
| ChartMill Relative Strength | 42.87 | NEUTRAL | CNCC.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CNCC.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CNCC.CA is below 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) | 39.89 | NEUTRAL | The RSI value for CNCC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests CNCC.CA has a negative trend. |
| Stochastics (14,3) | 23.03 | NEUTRAL | The Stochastics value for CNCC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.9 | LOW VOLATILITY | The low ATR as a percentage value for CNCC.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 21.54 | NEUTRAL | The ADX value for CNCC.CA suggests a possible start of a new trend. |
TSX:CNCC (2/3/2026, 7:00:00 PM)
13.6
+0.02 (+0.15%)
GLB X S&P/TSX 60 COVERED ETF / CNCC.CA FAQ
Can you provide the ChartMill technical rating for GLB X S&P/TSX 60 COVERED ETF?
ChartMill assigns a technical rating of 4 / 10 to CNCC.CA.
What is the current trend direction of GLB X S&P/TSX 60 COVERED ETF (CNCC.CA) stock?
The current trend direction for GLB X S&P/TSX 60 COVERED ETF (CNCC.CA) is Bullish.
What is the RSI signal for CNCC stock?
GLB X S&P/TSX 60 COVERED ETF (CNCC.CA) has an RSI value of 39.8939. This indicates that the stock is currently neutral.
What is the short term momentum for GLB X S&P/TSX 60 COVERED ETF (CNCC.CA) stock?
The short term momentum for GLB X S&P/TSX 60 COVERED ETF (CNCC.CA) is negative.
What is the buy/sell signal for GLB X S&P/TSX 60 COVERED ETF (CNCC.CA) stock?
The buy/sell signal for GLB X S&P/TSX 60 COVERED ETF (CNCC.CA) is hold as the short term and long term trends are mixed.