CANOE EIT INCOME FUND - EITUCN 4.8 PERP (EIT-PR-B.CA) Stock Technical Analysis
TSX:EIT-PR-B • CA13780R1331
We assign a technical rating of 6 out of 10 to EIT-PR-B. 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.
- 75% of all other stocks performed better in the past year than EIT-PR-B.
- EIT-PR-B is one of the lesser performing stocks in the Capital Markets industry. 68% of 80 stocks in the same industry do better.
- Warning: EIT-PR-B has an average volume of 1037 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- EIT-PR-B is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EIT-PR-B is lagging the market.
- In the last month EIT-PR-B has a been trading in a tight range between 25.36 and 25.80.
- Considerably lower volume is observed in the last couple of days.
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. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 25.54, 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
2 important support areas can be observed.
- A support zone ranging from 25.00 to 25.53. 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.53 to 25.95. 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 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 | 25.84 | NEGATIVE | EIT-PR-B.CA has a low relative strength, it was outperformed by 74.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EIT-PR-B.CA is below the rising 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) | 50.89 | NEUTRAL | The RSI value for EIT-PR-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests EIT-PR-B.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 32.65 | NEUTRAL | The Stochastics value for EIT-PR-B.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.36 | LOW VOLATILITY | The low ATR as a percentage value for EIT-PR-B.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 16.15 | NEGATIVE | The low ADX value for EIT-PR-B.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 25.59 | 25.52 | 0.07 (0.26%) | 25.00% |
| An entry @25.59. This is a Buy Stop order right above the 10 day moving average. | An exit @25.52. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.07 points, which is 0.26%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.06%. |
- The distance between exit and entry is rather small compared to the average daily movement of EIT-PR-B. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CANOE EIT INCOME FUND - EITUCN 4.8 PERP
TSX:EIT-PR-B (2/17/2026, 7:00:00 PM)
25.53
-0.07 (-0.27%)
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 6 / 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 50.8947. 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 25.54 and a resistance level at 25.58. Check the full technical report for our detailed analysis of EIT-PR-B.CA support and resistance levels.