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 6 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.
- 71% of all other stocks performed better in the past year than EIT-PR-B.
- EIT-PR-B is part of the Capital Markets industry. There are 79 other stocks in this industry, of which 67% are performing better than EIT-PR-B.
- Warning: EIT-PR-B has an average volume of 1254 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- 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 25.21 and 25.70.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, EIT-PR-B does present a nice setup opportunity. 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 25.53, a Stop Loss order could be placed below this zone.
More info and screens
24.26
When analyzing the support we can see 2 important areas.
- A support zone ranging from 25.00 to 25.53. 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 25.95 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 | 29.93 | NEGATIVE | EIT-PR-B.CA has a low relative strength, it was outperformed by 70.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EIT-PR-B.CA is above 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) | 54.39 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 77.09 | NEUTRAL | The Stochastics value for EIT-PR-B.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.38 | LOW VOLATILITY | The low ATR as a percentage value for EIT-PR-B.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 14.36 | 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 |
|---|---|---|---|
| 25.71 | 25.35 | 0.36 (1.40%) | 25.00% |
| An entry @25.71. This is a Buy Stop order right above the 10 day high. | An exit @25.35. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.36 points, which is 1.40%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.35%. |
- 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 (1/14/2026, 7:00:00 PM)
25.6
0 (0%)
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 54.3925. 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 25.53 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.