FRK CONS INC ETF PORTFOLIO (CNV.CA) Stock Technical Analysis
TSX:CNV - Toronto Stock Exchange - CA3525552053 - ETF - Currency: CAD
Taking everything into account, CNV scores 4 out of 10 in our technical rating. CNV has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
CNV has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 20.93, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
19.92
When analyzing the support we notice one important area.
- A support zone ranging from 20.12 to 20.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.93 to 21.23. 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 CNV.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNV.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CNV.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CNV.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CNV.CA is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 52.46 | NEUTRAL | The RSI value for CNV.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests CNV.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 60.42 | NEUTRAL | The Stochastics value for CNV.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.28 | LOW VOLATILITY | The low ATR as a percentage value for CNV.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 10.06 | NEGATIVE | The low ADX value for CNV.CA suggests a weak or negative trend. |
TSX:CNV (7/22/2025, 7:00:00 PM)
20.93
-0.06 (-0.29%)