CANOE EIT INCOME FUND - EITUCN 4.8 PERP (EIT-PR-B.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:EIT-PR-B - CA13780R1331
Taking everything into account, EIT-PR-B scores 5 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, EIT-PR-B is a bad performer.
EIT-PR-B has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 25.49, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EIT-PR-B in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
24.26
We found 2 important support areas.
- A support zone ranging from 25.00 to 25.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.50 to 24.51. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 25.95 to 25.95. 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 EIT-PR-B.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EIT-PR-B.CA is up. |
| ChartMill Relative Strength | 28.65 | NEGATIVE | EIT-PR-B.CA has a low relative strength, it was outperformed by 71.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EIT-PR-B.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EIT-PR-B.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EIT-PR-B.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.09 | NEUTRAL | The RSI value for EIT-PR-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests EIT-PR-B.CA has a positive trend. |
| Stochastics (14,3) | 78.07 | NEUTRAL | The Stochastics value for EIT-PR-B.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.42 | LOW VOLATILITY | The low ATR as a percentage value for EIT-PR-B.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 14.1 | NEGATIVE | The low ADX value for EIT-PR-B.CA suggests a weak or negative trend. |
CANOE EIT INCOME FUND - EITUCN 4.8 PERP
TSX:EIT-PR-B (1/8/2026, 7:00:00 PM)
25.56
+0.03 (+0.12%)
CANOE EIT INCOME FUND - EITUCN 4.8 PERP / EIT-PR-B.CA FAQ
What is the technical rating for EIT-PR-B stock?
ChartMill assigns a technical rating of 5 / 10 to EIT-PR-B.CA.
What is the current trend direction of CANOE EIT INCOME FUND - EITUCN 4.8 PERP (EIT-PR-B.CA) stock?
The current trend direction for CANOE EIT INCOME FUND - EITUCN 4.8 PERP (EIT-PR-B.CA) is Bullish.
What is the RSI signal for CANOE EIT INCOME FUND - EITUCN 4.8 PERP (EIT-PR-B.CA) stock?
CANOE EIT INCOME FUND - EITUCN 4.8 PERP (EIT-PR-B.CA) has an RSI value of 53.0862. This indicates that the stock is currently neutral.
What is the short term momentum for EIT-PR-B stock?
The short term momentum for CANOE EIT INCOME FUND - EITUCN 4.8 PERP (EIT-PR-B.CA) is positive.
What is the support and resistance level for EIT-PR-B stock?
CANOE EIT INCOME FUND - EITUCN 4.8 PERP (EIT-PR-B.CA) has a support level at 25.49 and a resistance level at 25.95. Check the full technical report for our detailed analysis of EIT-PR-B.CA support and resistance levels.