CI UTIL GIANT COV CAL ETF-UH (CUTL-B.CA) Stock Technical Analysis
TSX:CUTL-B - Toronto Stock Exchange - CA12569T2039 - ETF - Currency: CAD
Overall CUTL-B gets a technical rating of 3 out of 10. CUTL-B performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
CUTL-B 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 23.64. Right above this resistance zone may be a good entry point.
More info and screens
22.05
2 important support areas can be observed.
- A support zone ranging from 22.90 to 23.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.27 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.64 to 23.69. 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 CUTL-B.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CUTL-B.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CUTL-B.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CUTL-B.CA is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 54.89 | NEUTRAL | The RSI value for CUTL-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.43 | NEGATIVE | The MACD value suggests CUTL-B.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 63.76 | NEUTRAL | The Stochastics value for CUTL-B.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.47 | LOW VOLATILITY | The low ATR as a percentage value for CUTL-B.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 17.93 | NEGATIVE | The low ADX value for CUTL-B.CA suggests a weak or negative trend. |
TSX:CUTL-B (6/4/2025, 7:00:00 PM)
23.08
-0.3 (-1.28%)