CITADEL INCOME FUND (CTF-UN.CA) Stock Technical Analysis
TSX:CTF-UN - Toronto Stock Exchange - CA17286A1066 - Currency: CAD
We assign a technical rating of 2 out of 10 to CTF-UN. CTF-UN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, CTF-UN is a bad performer in the overall market: 62% of all stocks are doing better.
In the last month CTF-UN has a been trading in the 2.48 - 3.03 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: CTF-UN has an average volume of 3000 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
CTF-UN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CTF-UN is lagging the market slightly.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Volume is considerably higher in the last couple of days.
CTF-UN 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 support zone below the current price at 2.55, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CTF-UN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.30
2.98
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.48 to 2.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.32 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.61 to 2.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.73 to 2.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.95 from a trend line in the weekly time frame.
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 CTF-UN.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CTF-UN.CA is neutral. |
| ChartMill Relative Strength | 38.21 | NEUTRAL | CTF-UN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CTF-UN.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CTF-UN.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CTF-UN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.63 | NEUTRAL | The RSI value for CTF-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CTF-UN.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 22.41 | NEUTRAL | The Stochastics value for CTF-UN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.29 | MEDIUM VOLATILITY | The ATR as a percentage value for CTF-UN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.66 | NEGATIVE | The low ADX value for CTF-UN.CA suggests a weak or negative 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:CTF-UN (6/13/2025, 7:00:00 PM)
2.58
-0.04 (-1.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.53%
1 Week-0.39%
2 Weeks-0.77%
1 Month2.38%
3 Month-6.52%
6 Month-3.73%
12 Month9.32%
2 Year-13.13%
3 Year-8.19%
5 Year-4.8%
10 Year-22.99%
15 Year-46.14%
Volatility
ATR(14)0.08
ATR(20)%3.29%
ATR Inc-38.51%
Range Today0.12
ADR(20)0.04
ADR(20)%1.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.21
Mansfield-0.45
10 Day High2.72
10 Day Low2.55
20 Day High3.03
20 Day Low2.48
52 Week High3.13
52 Week Low0
CS1 End2.55
CR1 Start2.61
Volume & EV
DER(3)121.47%
DER(5)93.97%
Volume17.46K
Volume Incr225.12%
Vol(5)5.26K
Vol(50)3.00K