CI US MIN DOWN VOL ETF HDG (CUDV.CA) Stock Technical Analysis
TSX:CUDV - Toronto Stock Exchange - CA12569L1013 - ETF - Currency: CAD
We assign a technical rating of 10 out of 10 to CUDV. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CUDV is showing a nice and steady performance.
Warning: CUDV has an average volume of 2300 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, CUDV did better than 76% of all other stocks. We also observe that the gains produced by CUDV over the past year are nicely spread over this period.
A new 52 week high is currently being made by CUDV, 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 CUDV has a been trading in the 23.19 - 25.32 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although CUDV has an excellent technical rating, the quality of the presented setup is not ideal 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
19.94
25.58
When analyzing the support we can see 5 important areas.
- A support zone ranging from 23.90 to 25.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.30 from a horizontal line in the daily time frame.
- A support zone ranging from 22.61 to 22.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.65 from a horizontal line in the daily time frame.
- Support @20.14 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 25.33 to 25.33. 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 CUDV.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CUDV.CA is up. |
| ChartMill Relative Strength | 76.12 | POSITIVE | CUDV.CA has a high relative strength, it outperformed 76.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CUDV.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CUDV.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 60.93 | NEUTRAL | The RSI value for CUDV.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests CUDV.CA has a positive trend. |
| Stochastics (14,3) | 90.24 | OVERBOUGHT | The high Stochastics value suggests CUDV.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.5 | LOW VOLATILITY | The low ATR as a percentage value for CUDV.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 20.74 | NEUTRAL | The ADX value for CUDV.CA suggests a possible start of a new 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:CUDV (6/3/2025, 7:00:00 PM)
25.32
+0.35 (+1.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.4%
1 Week1.24%
2 Weeks2.34%
1 Month3.98%
3 Month11.99%
6 Month22.79%
12 Month22.62%
2 Year26.41%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%1.5%
ATR Inc-42.84%
Range Today0.11
ADR(20)0.06
ADR(20)%0.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.12
Mansfield0.14
10 Day High25.32
10 Day Low24.28
20 Day High25.32
20 Day Low23.19
52 Week High25.32
52 Week Low18.91
CS1 End25
CR1 Start25.33
Volume & EV
DER(3)0%
DER(5)0%
Volume3.10K
Volume Incr-53.54%
Vol(5)820
Vol(50)2.30K