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Ishares Balanced Income (CBD.CA) Stock Technical Analysis

TSX:CBD - Toronto Stock Exchange -

20.92  -0.14 (-0.66%)

Technical Rating and Analysis

2

Taking everything into account, CBD scores 2 out of 10 in our technical rating. Although CBD is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
CBD is currently making a new 52 week low. This is a very bad signal. CBD is lagging the S&P500 Index which is trading in the middle of its 52 week range.
Warning: CBD has an average volume of 2360 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, CBD did better than 70% of all other stocks.
In the last month CBD has a been trading in a tight range between 20.92 and 21.63.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
Ishares Balanced Income / CBD Weekly stock chart
Ishares Balanced Income / CBD Daily stock chart
Setup Rating and Analysis

3

The technical rating of CBD 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.

Support and Resistance Analysis

20.70

22.61

We found 1 important support area.

  • A support zone ranging from 20.91 to 20.91. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 21.12 to 22.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.17
Mansfield0.49
10 Day High21.41
10 Day Low20.92
20 Day High21.63
20 Day Low20.92
52 Week High22.42
52 Week Low20.92
Performance
1 Week-2.2%
2 Weeks-2.24%
1 Month-2.7%
3 Month-5.51%
6 Month-5.25%
12 Month-6.57%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)31.08
LBB20.91
UBB21.66
Ishares Balanced Income / CBD Daily stock chart

Ishares Balanced Income

TSX:CBD (12/19/2018, 3:59:29 PM)

20.92

-0.14 (-0.66%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.66%
1 Week-2.2%
2 Weeks-2.24%
1 Month-2.7%
3 Month-5.51%
6 Month-5.25%
12 Month-6.57%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%0.54%
ATR Inc19.51%
Range Today0.22
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.17
Mansfield0.49
10 Day High21.41
10 Day Low20.92
20 Day High21.63
20 Day Low20.92
52 Week High22.42
52 Week Low20.92
CS1 End20.91
CR1 Start21.12
Volume & EV
DER(3)0.91%
DER(5)0.55%
Volume6.30K
Volume Incr35.31%
Vol(5)3.57K
Vol(50)2.36K