CANOE EIT INCOME FUND (EIT-UN.CA) Stock Technical Analysis
Canada - TSX:EIT-UN - CA13780R1091
15.46 CAD
-0.15 (-0.96%)
Taking everything into account, EIT-UN scores 3 out of 10 in our technical rating. EIT-UN performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
65% of all other stocks performed better in the past year than EIT-UN.
EIT-UN is part of the Capital Markets industry. There are 80 other stocks in this industry, of which 74% are performing better than EIT-UN.
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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
In the last month EIT-UN has a been trading in a tight range between 15.17 and 15.63.
Volume is considerably higher in the last couple of days.
The technical rating of EIT-UN is bad and it also does not present a quality setup 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
14.43
15.94
When analyzing the support we can see 2 important areas.
- A support zone ranging from 15.04 to 15.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.58 to 14.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.50 to 15.78. 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-UN.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EIT-UN.CA is neutral. |
| ChartMill Relative Strength | 35.47 | 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) | DOWN | MIXED | The current price of EIT-UN.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.14 | NEUTRAL | The RSI value for EIT-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests EIT-UN.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.35 | OVERBOUGHT | The high Stochastics value suggests EIT-UN.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.68 | LOW VOLATILITY | The low ATR as a percentage value for EIT-UN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 25.04 | POSITIVE | The high ADX value value for EIT-UN.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:EIT-UN (9/22/2025, 7:00:00 PM)
15.46
-0.15 (-0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.96%
1 Week-0.06%
2 Weeks1.24%
1 Month1.18%
3 Month0%
6 Month3.07%
12 Month6.77%
2 Year21.35%
3 Year26.51%
5 Year63.19%
10 Year40.12%
15 Year12.26%
Volatility
ATR(14)0.11
ATR(20)%0.68%
ATR Inc119.86%
Range Today0.24
ADR(20)0.09
ADR(20)%0.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.47
Mansfield-0.96
10 Day High15.63
10 Day Low15.25
20 Day High15.63
20 Day Low15.17
52 Week High15.77
52 Week Low13.26
CS1 End15.46
CR1 Start15.5
Volume & EV
DER(3)-0.13%
DER(5)0.12%
Volume367.03K
Volume Incr84.64%
Vol(5)284.37K
Vol(50)173.56K