COPPERLEAF TECHNOLOGIES (CPLF.CA) Stock Technical Analysis
TSX:CPLF - Toronto Stock Exchange - CA21766N1096 - Common Stock - Currency: CAD
Taking everything into account, CPLF scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, CPLF has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that CPLF is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by CPLF over the past year are nicely spread over this period.
CPLF is one of the better performing stocks in the Software industry, it outperforms 90% of 63 stocks in the same industry.
A new 52 week high is currently being made by CPLF, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month CPLF has a been trading in a tight range between 11.91 and 12.00.
Considerably lower volume is observed in the last couple of days.
CPLF has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
6.43
12.12
When analyzing the support we can see 3 important areas.
- A support zone ranging from 11.87 to 11.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.32 from a trend line in the weekly time frame.
- Support @6.49 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 12.00 to 12.00. 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 CPLF.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CPLF.CA is up. |
| ChartMill Relative Strength | 96.8 | POSITIVE | CPLF.CA has a high relative strength, it outperformed 96.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CPLF.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CPLF.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CPLF.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 78.4 | OVERBOUGHT | The high RSI value suggests CPLF.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CPLF.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 85.46 | OVERBOUGHT | The high Stochastics value suggests CPLF.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.19 | LOW VOLATILITY | The low ATR as a percentage value for CPLF.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 60.82 | POSITIVE | The high ADX value value for CPLF.CA suggests a strong 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)
TSX:CPLF (8/30/2024, 7:00:00 PM)
11.99
+0.01 (+0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.08%
1 Week0.42%
2 Weeks0.5%
1 Month0.5%
3 Month44.46%
6 Month99.83%
12 Month106.72%
2 Year91.23%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.19%
ATR Inc35.48%
Range Today0.01
ADR(20)0.02
ADR(20)%0.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.8
Mansfield3.91
10 Day High12
10 Day Low11.94
20 Day High12
20 Day Low11.91
52 Week High12
52 Week Low4.94
CS1 End11.95
CR1 Start12
Volume & EV
DER(3)0.46%
DER(5)0.53%
Volume330.95K
Volume Incr-19.37%
Vol(5)187.74K
Vol(50)315.69K