GL X EN S&P/TSX 60CO CAL ETF (CNCL.CA) Stock Technical Analysis
Canada - TSX:CNCL - CA37963A1049 - ETF
Overall CNCL gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CNCL is only an average performer.
CNCL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 21.88. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.78, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CNCL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
18.56
4 important support areas can be observed.
- A support zone ranging from 21.45 to 21.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.85 from a trend line in the daily time frame.
- A support zone ranging from 19.89 to 20.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.75 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 21.88 to 22.07. 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 CNCL.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CNCL.CA is neutral. |
| ChartMill Relative Strength | 43.86 | NEUTRAL | CNCL.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CNCL.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CNCL.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CNCL.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.02 | NEUTRAL | The RSI value for CNCL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CNCL.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 78.46 | NEUTRAL | The Stochastics value for CNCL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1 | LOW VOLATILITY | The low ATR as a percentage value for CNCL.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 18 | NEGATIVE | The low ADX value for CNCL.CA suggests a weak or negative 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 |
|---|---|---|---|
| 22.08 | 21.44 | 0.64 (2.90%) | 25.00% |
| An entry @22.08. This is a Buy Stop order right above the resistance zone. | An exit @21.44. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.64 points, which is 2.90%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.72%. |
- 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:CNCL (11/14/2025, 7:00:00 PM)
21.86
+0.08 (+0.37%)
GL X EN S&P/TSX 60CO CAL ETF / CNCL.CA FAQ
Can you provide the ChartMill technical rating for GL X EN S&P/TSX 60CO CAL ETF?
ChartMill assigns a technical rating of 6 / 10 to CNCL.CA.
What is the trend direction for CNCL stock?
The current trend direction for GL X EN S&P/TSX 60CO CAL ETF (CNCL.CA) is Bullish.
What is the RSI signal for GL X EN S&P/TSX 60CO CAL ETF (CNCL.CA) stock?
GL X EN S&P/TSX 60CO CAL ETF (CNCL.CA) has an RSI value of 54.0241. This indicates that the stock is currently neutral.
What is the support and resistance level for CNCL stock?
GL X EN S&P/TSX 60CO CAL ETF (CNCL.CA) has a support level at 21.78 and a resistance level at 21.88. Check the full technical report for our detailed analysis of CNCL.CA support and resistance levels.