TSX:CARS-U - Toronto Stock Exchange - CA30052J3001 - ETF - Currency: USD
Overall CARS-U gets a technical rating of 0 out of 10. CARS-U scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, CARS-U does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 20.37. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.87, a Stop Loss order could be placed below this zone.
17.55
We found 1 important support area.
2 important resistance areas can be observed.
TSX:CARS-U (3/6/2025, 7:00:00 PM)
18.96
-0.62 (-3.17%)