CANOE EIT INCOME FUND - EITUCN 4.8 PERP (EIT-PR-A.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:EIT-PR-A - CA13780R2081
Taking everything into account, EIT-PR-A scores 2 out of 10 in our technical rating. In the last year, EIT-PR-A was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is bad, EIT-PR-A does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 25.31, a Stop Loss order could be placed below this zone.
More info and screens
24.29
When analyzing the support we notice one important area.
- A support zone ranging from 24.54 to 25.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 25.40 to 25.69. 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 | NEUTRAL | NEUTRAL | The long term trend for EIT-PR-A.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EIT-PR-A.CA is down. |
| ChartMill Relative Strength | 31.54 | NEUTRAL | EIT-PR-A.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EIT-PR-A.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EIT-PR-A.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EIT-PR-A.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.76 | NEUTRAL | The RSI value for EIT-PR-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EIT-PR-A.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.18 | NEUTRAL | The Stochastics value for EIT-PR-A.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.35 | LOW VOLATILITY | The low ATR as a percentage value for EIT-PR-A.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 20.54 | NEUTRAL | The ADX value for EIT-PR-A.CA suggests a possible start of a new trend. |
CANOE EIT INCOME FUND - EITUCN 4.8 PERP
TSX:EIT-PR-A (12/8/2025, 7:00:00 PM)
25.39
+0.12 (+0.47%)
CANOE EIT INCOME FUND - EITUCN 4.8 PERP / EIT-PR-A.CA FAQ
Can you provide the ChartMill technical rating for CANOE EIT INCOME FUND - EITUCN 4.8 PERP?
ChartMill assigns a technical rating of 2 / 10 to EIT-PR-A.CA.
What is the current trend direction of CANOE EIT INCOME FUND - EITUCN 4.8 PERP (EIT-PR-A.CA) stock?
The current trend direction for CANOE EIT INCOME FUND - EITUCN 4.8 PERP (EIT-PR-A.CA) is Bearish.
What is the RSI signal for CANOE EIT INCOME FUND - EITUCN 4.8 PERP (EIT-PR-A.CA) stock?
CANOE EIT INCOME FUND - EITUCN 4.8 PERP (EIT-PR-A.CA) has an RSI value of 48.7648. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for CANOE EIT INCOME FUND - EITUCN 4.8 PERP?
CANOE EIT INCOME FUND - EITUCN 4.8 PERP (EIT-PR-A.CA) has a support level at 25.31 and a resistance level at 25.4. Check the full technical report for our detailed analysis of EIT-PR-A.CA support and resistance levels.