CANOE EIT INCOME FUND (EIT-UN.CA) Technical Analysis
TSX:EIT-UN • CA13780R1091
Current stock price
EIT-UN.CA Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to EIT-UN. In the last year, EIT-UN was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- EIT-UN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so EIT-UN is lagging the market slightly.
- When comparing the performance of all stocks over the past year, EIT-UN turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
- EIT-UN is part of the Capital Markets industry. There are 77 other stocks in this industry, EIT-UN did better than 48% of them.
- In the last month EIT-UN has a been trading in a tight range between 16.49 and 17.06.
EIT-UN.CA Weekly and Daily overview Charts
EIT-UN.CA Setup Rating and Analysis
EIT-UN has an average technical rating and also the quality of the setup is only medium 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
EIT-UN.CA Support and Resistance Analysis
14.44
We found 5 important support areas.
- A support zone ranging from 16.62 to 16.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.11 to 16.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.71 from a horizontal line in the daily time frame.
- A support zone ranging from 15.11 to 15.34. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @14.59 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 17.05 to 17.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
EIT-UN.CA Technical Indicator Signal Analysis
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-UN.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EIT-UN.CA is neutral. |
| ChartMill Relative Strength | 45.22 | NEUTRAL | EIT-UN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EIT-UN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of EIT-UN.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EIT-UN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.19 | NEUTRAL | The RSI value for EIT-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests EIT-UN.CA has a positive trend. |
| Stochastics (14,3) | 69.35 | NEUTRAL | The Stochastics value for EIT-UN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.82 | LOW VOLATILITY | The low ATR as a percentage value for EIT-UN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 12.16 | NEGATIVE | The low ADX value for EIT-UN.CA suggests a weak or negative trend. |
EIT-UN.CA Chart- and CandleStick Pattern Analysis
EIT-UN.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:EIT-UN (5/1/2026, 7:00:00 PM)
16.92
0 (0%)
CANOE EIT INCOME FUND / EIT-UN.CA TA FAQ
What is the technical rating for EIT-UN stock?
ChartMill assigns a technical rating of 5 / 10 to EIT-UN.CA.
Can you provide the trend direction for CANOE EIT INCOME FUND?
The current trend direction for CANOE EIT INCOME FUND (EIT-UN.CA) is Bullish.
What is the RSI signal for CANOE EIT INCOME FUND (EIT-UN.CA) stock?
CANOE EIT INCOME FUND (EIT-UN.CA) has an RSI value of 58.1913. This indicates that the stock is currently neutral.
What is the short term momentum for CANOE EIT INCOME FUND (EIT-UN.CA) stock?
The short term momentum for CANOE EIT INCOME FUND (EIT-UN.CA) is neutral.
What is the support and resistance level for EIT-UN stock?
CANOE EIT INCOME FUND (EIT-UN.CA) has a support level at 16.77 and a resistance level at 17.05. Check the full technical report for our detailed analysis of EIT-UN.CA support and resistance levels.