GL X EN S&P/TSX 60CO CAL ETF (CNCL.CA) Stock Technical Analysis
TSX:CNCL - Toronto Stock Exchange - CA37963A1049 - ETF - Currency: CAD
We assign a technical rating of 6 out of 10 to CNCL. CNCL has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Warning: CNCL has an average volume of 1870 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!
CNCL 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 CNCL is lagging the market slightly.
When comparing the performance of all stocks over the past year, CNCL turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
In the last month CNCL has a been trading in a tight range between 19.55 and 20.32.
CNCL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 20.06, a Stop Loss order could be placed below this zone.
More info and screens
17.35
21.06
We found 3 important support areas.
- A support zone ranging from 19.42 to 20.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.26 from a horizontal line in the weekly time frame.
- A support zone ranging from 17.53 to 17.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 20.18 to 20.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 20.74 to 20.85. 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 CNCL.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNCL.CA is up. |
| ChartMill Relative Strength | 48.49 | 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) | 59.56 | 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. |
| Stochastics (14,3) | 64.34 | NEUTRAL | The Stochastics value for CNCL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.48 | LOW VOLATILITY | The low ATR as a percentage value for CNCL.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 17.37 | NEGATIVE | The low ADX value for CNCL.CA suggests a weak or negative 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)
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 |
|---|---|---|---|
| 20.19 | 20.04 | 0.14 (0.71%) | 25.00% |
| An entry @20.19. This is a Buy Stop order right above the 10 day moving average. | An exit @20.04. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.14 points, which is 0.71%. | For a 0.18% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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 (6/10/2025, 7:00:00 PM)
20.15
-0.01 (-0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.05%
1 Week-0.3%
2 Weeks1.31%
1 Month3.17%
3 Month2.81%
6 Month-1.71%
12 Month7.12%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%0.48%
ATR Inc-2.33%
Range Today0.07
ADR(20)0.05
ADR(20)%0.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.49
Mansfield-0.31
10 Day High20.32
10 Day Low20.06
20 Day High20.32
20 Day Low19.55
52 Week High20.97
52 Week Low17.11
CS1 End20.06
CR1 Start20.18
Volume & EV
DER(3)0%
DER(5)0%
Volume1.88K
Volume Incr-4.06%
Vol(5)1.28K
Vol(50)1.87K