ISHARES S&P/TSX CANADIAN PRE (CPD.CA) Stock Technical Analysis
TSX:CPD - Toronto Stock Exchange - CA46431G2053 - ETF - Currency: CAD
Taking everything into account, CPD scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CPD is only an average performer.
Besides having an excellent technical rating, CPD also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 13.51. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for CPD in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
11.71
3 important support areas can be observed.
- Strong support @12.71 from a horizontal line in the daily time frame.
- Support @12.43 from a trend line in the weekly time frame.
- A support zone ranging from 11.83 to 12.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 13.51 to 13.55. 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 CPD.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CPD.CA is up. |
| ChartMill Relative Strength | 51.16 | NEUTRAL | CPD.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CPD.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CPD.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CPD.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.21 | OVERBOUGHT | The high RSI value suggests CPD.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CPD.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 85.63 | OVERBOUGHT | The high Stochastics value suggests CPD.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.48 | LOW VOLATILITY | The low ATR as a percentage value for CPD.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 45.22 | POSITIVE | The high ADX value value for CPD.CA suggests a strong 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 |
|---|---|---|---|
| 13.56 | 13.32 | 0.24 (1.77%) | 25.00% |
| An entry @13.56. This is a Buy Stop order right above the resistance zone. | An exit @13.32. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.24 points, which is 1.77%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.44%. |
- 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:CPD (8/7/2025, 7:00:00 PM)
13.5
+0.01 (+0.07%)