NYSEARCA:CANE - NYSE Arca - US88166A4094 - ETF - Currency: USD
Overall CANE gets a technical rating of 2 out of 10. CANE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, CANE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 11.90. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.64, a Stop Loss order could be placed below this zone.
10.74
We found 2 important support areas.
4 important resistance areas can be observed.
NYSEARCA:CANE (4/28/2025, 4:15:01 PM)
11.682
-0.17 (-1.42%)