ISHARES CONVERTIBLE BOND IND (CVD.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:CVD • CA46432K2056
We assign a technical rating of 5 out of 10 to CVD. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CVD is a bad performer.
- 63% of all other stocks performed better in the past year than CVD.
- Warning: CVD has an average volume of 8500 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- CVD 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 CVD is lagging the market slightly.
- In the last month CVD has a been trading in a tight range between 18.03 and 18.57.
- Considerably lower volume is observed in the last couple of days.
CVD has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 18.33, a Stop Loss order could be placed below this zone.
More info and screens
16.88
3 important support areas can be observed.
- A support zone ranging from 17.80 to 18.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @17.47 from a horizontal line in the daily time frame.
- A support zone ranging from 17.05 to 17.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 18.37 to 18.64. 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 CVD.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CVD.CA is neutral. |
| ChartMill Relative Strength | 37.73 | NEUTRAL | CVD.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CVD.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CVD.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CVD.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.57 | NEUTRAL | The RSI value for CVD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CVD.CA has a negative trend. |
| Stochastics (14,3) | 47.69 | NEUTRAL | The Stochastics value for CVD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.66 | LOW VOLATILITY | The low ATR as a percentage value for CVD.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 14.86 | NEGATIVE | The low ADX value for CVD.CA suggests a weak or negative trend. |
TSX:CVD (2/9/2026, 7:00:00 PM)
18.33
-0.07 (-0.38%)
ISHARES CONVERTIBLE BOND IND / CVD.CA FAQ
Can you provide the ChartMill technical rating for ISHARES CONVERTIBLE BOND IND?
ChartMill assigns a technical rating of 5 / 10 to CVD.CA.
What is the trend direction for CVD stock?
The current trend direction for ISHARES CONVERTIBLE BOND IND (CVD.CA) is Bullish.
What is the RSI signal for ISHARES CONVERTIBLE BOND IND (CVD.CA) stock?
ISHARES CONVERTIBLE BOND IND (CVD.CA) has an RSI value of 51.5697. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for ISHARES CONVERTIBLE BOND IND?
ISHARES CONVERTIBLE BOND IND (CVD.CA) has a support level at 18.33 and a resistance level at 18.37. Check the full technical report for our detailed analysis of CVD.CA support and resistance levels.