
Canada - Toronto Stock Exchange - TSX:CSBI - CA12569M1095 - ETF
Overall CSBI gets a technical rating of 3 out of 10. In the past year, CSBI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is bad, CSBI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 20.75. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.70, a Stop Loss order could be placed below this zone.
19.56
When analyzing the support we can see 2 important areas.
We found 1 important resistance area.
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 | NEUTRAL | NEUTRAL | The long term trend for CSBI.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CSBI.CA is up. |
| ChartMill Relative Strength | 31.95 | NEUTRAL | CSBI.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CSBI.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CSBI.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CSBI.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.69 | NEUTRAL | The RSI value for CSBI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests CSBI.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 99.44 | OVERBOUGHT | The high Stochastics value suggests CSBI.CA may be overbought. |
| Average True Range in percent/ATR (20) | 10.16 | HIGH VOLATILITY | The high ATR as a percentage value for CSBI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 6.4 | NEGATIVE | The low ADX value for CSBI.CA suggests a weak or negative trend. |
TSX:CSBI (12/19/2025, 7:00:00 PM)
20.75
0 (0%)
ChartMill assigns a technical rating of 3 / 10 to CSBI.CA.
The current trend direction for CIBC CANADIAN SH-TRM BND ETF (CSBI.CA) is Bearish.
CIBC CANADIAN SH-TRM BND ETF (CSBI.CA) has an RSI value of 51.6911. This indicates that the stock is currently neutral.
The MACD indicator for CIBC CANADIAN SH-TRM BND ETF (CSBI.CA) has a value of 0.173441, indicating a bearish trend.