CI HIGH INTEREST SAVINGS ETF (CSAV.CA) Stock Technical Analysis
TSX:CSAV - Toronto Stock Exchange - CA12558L1040 - ETF - Currency: CAD
Overall CSAV gets a technical rating of 3 out of 10. In the last year, CSAV was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
CSAV has a bad technical rating, but it does show 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 50.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 50.06, a Stop Loss order could be placed below this zone.
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49.49
When analyzing the support we notice one important area.
- A support zone ranging from 49.99 to 50.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 50.06 to 50.24. This zone is formed by a combination of multiple trend lines and important moving averages 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 CSAV.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CSAV.CA is neutral. |
| ChartMill Relative Strength | 30.6 | NEUTRAL | CSAV.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CSAV.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CSAV.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CSAV.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.21 | NEUTRAL | The RSI value for CSAV.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CSAV.CA has a positive trend. |
| Stochastics (14,3) | 47.22 | NEUTRAL | The Stochastics value for CSAV.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.03 | LOW VOLATILITY | The low ATR as a percentage value for CSAV.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 17.57 | NEGATIVE | The low ADX value for CSAV.CA suggests a weak or negative trend. |
TSX:CSAV (6/11/2025, 7:00:00 PM)
50.06
0 (0%)