CANOE EIT INCOME FUND - EITUCN 4.8 PERP (EIT-PR-B.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:EIT-PR-B - CA13780R1331
We assign a technical rating of 0 out of 10 to EIT-PR-B. EIT-PR-B scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
EIT-PR-B has a poor technical rating and the quality of the setup is also not perfect 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
24.26
When analyzing the support we can see 2 important areas.
- A support zone ranging from 25.00 to 25.23. This zone is formed by a combination of multiple trend lines 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 can see 2 important resistance areas.
- A resistance zone ranging from 25.34 to 25.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for EIT-PR-B.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EIT-PR-B.CA is down. |
| ChartMill Relative Strength | 31.87 | NEUTRAL | EIT-PR-B.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-B.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EIT-PR-B.CA is below a declining 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) | 42.12 | NEUTRAL | The RSI value for EIT-PR-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests EIT-PR-B.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.56 | OVERSOLD | The low Stochastics value suggests EIT-PR-B.CA may be oversold. |
| Average True Range in percent/ATR (20) | 0.43 | LOW VOLATILITY | The low ATR as a percentage value for EIT-PR-B.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 19.26 | 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 (12/5/2025, 7:00:00 PM)
25.27
-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 0 / 10 to EIT-PR-B.CA.
What is the trend direction for EIT-PR-B stock?
The current trend direction for CANOE EIT INCOME FUND - EITUCN 4.8 PERP (EIT-PR-B.CA) is Bearish.
Can you provide the RSI signal for CANOE EIT INCOME FUND - EITUCN 4.8 PERP?
CANOE EIT INCOME FUND - EITUCN 4.8 PERP (EIT-PR-B.CA) has an RSI value of 42.1193. This indicates that the stock is currently neutral.
What is the short term momentum for CANOE EIT INCOME FUND - EITUCN 4.8 PERP (EIT-PR-B.CA) stock?
The short term momentum for CANOE EIT INCOME FUND - EITUCN 4.8 PERP (EIT-PR-B.CA) is negative.