CAP GROUP WORLD BOND ETF (CAPW.CA) Stock Technical Analysis
TSX:CAPW - Toronto Stock Exchange - CA14021X1033 - ETF - Currency: CAD
We assign a technical rating of 4 out of 10 to CAPW. CAPW has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
CAPW has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 24.85. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.80, a Stop Loss order could be placed below this zone.
More info and screens
24.18
When analyzing the support we notice one important area.
- A support zone ranging from 24.42 to 24.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 24.85 to 24.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @25.36 from a horizontal line in the daily time frame.
TSX:CAPW (3/5/2025, 7:00:00 PM)
24.82
-0.02 (-0.08%)