FRK CONS INC ETF PORTFOLIO (CNV.CA) Stock Technical Analysis
TSX:CNV - Toronto Stock Exchange - CA3525552053 - ETF - Currency: CAD
Overall CNV gets a technical rating of 4 out of 10. In the last year, CNV was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
CNV 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 21.07. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.96, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
2 important support areas can be observed.
- A support zone ranging from 20.54 to 20.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.12 to 20.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 21.07 to 21.23. 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 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 | POSITIVE | The current price of CNV.CA is above 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) | 55.76 | NEUTRAL | The RSI value for CNV.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CNV.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 89.58 | OVERBOUGHT | The high Stochastics value suggests CNV.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.3 | LOW VOLATILITY | The low ATR as a percentage value for CNV.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 10.5 | NEGATIVE | The low ADX value for CNV.CA suggests a weak or negative trend. |
TSX:CNV (7/28/2025, 7:00:00 PM)
21.01
-0.06 (-0.28%)