NYSEARCA:CPI - NYSE Arca - US45409B6020 - ETF - Currency: USD
Taking everything into account, CPI scores 5 out of 10 in our technical rating. In the last year, CPI 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.
Although the technical rating is only medium, CPI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 25.60, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
23.67
2 important support areas can be observed.
When analyzing the resistance we notice 2 important areas.
NYSEARCA:CPI (12/12/2023, 8:04:03 PM)
25.6047
0 (-0.02%)