COPPERLEAF TECHNOLOGIES (CPLF.CA) Technical Analysis
TSX:CPLF • CA21766N1096
Current stock price
CPLF.CA Technical Rating and Analysis
Taking everything into account, CPLF scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CPLF is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- 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 part of the Software industry. There are 66 other stocks in this industry. CPLF outperforms 98% of them.
- 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.CA Weekly and Daily overview Charts
CPLF.CA Setup Rating and Analysis
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
CPLF.CA Support and Resistance Analysis
6.43
3 important support areas can be observed.
- 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.
When analyzing the resistance we notice one important 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.
CPLF.CA Technical Indicator Signal Analysis
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. |
CPLF.CA Chart- and CandleStick Pattern Analysis
CPLF.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:CPLF (8/30/2024, 7:00:00 PM)
11.99
+0.01 (+0.08%)
COPPERLEAF TECHNOLOGIES / CPLF.CA TA FAQ
What is the ChartMill technical rating of COPPERLEAF TECHNOLOGIES (CPLF.CA) stock?
ChartMill assigns a technical rating of 10 / 10 to CPLF.CA.
What is the current trend direction of COPPERLEAF TECHNOLOGIES (CPLF.CA) stock?
The current trend direction for COPPERLEAF TECHNOLOGIES (CPLF.CA) is Bullish.
What is the RSI signal for COPPERLEAF TECHNOLOGIES (CPLF.CA) stock?
COPPERLEAF TECHNOLOGIES (CPLF.CA) has an RSI value of 78.4028. This indicates that the stock is currently overbought.
What is the short term momentum for COPPERLEAF TECHNOLOGIES (CPLF.CA) stock?
The short term momentum for COPPERLEAF TECHNOLOGIES (CPLF.CA) is positive.
Can you provide the support and resistance levels for COPPERLEAF TECHNOLOGIES?
COPPERLEAF TECHNOLOGIES (CPLF.CA) has a support level at 11.95 and a resistance level at 12. Check the full technical report for our detailed analysis of CPLF.CA support and resistance levels.