TSX:CEF-U - Toronto Stock Exchange - CA85208R1010 - Currency: USD
Overall CEF-U gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CEF-U is showing a nice and steady performance.
Besides having an excellent technical rating, CEF-U also presents a decent setup pattern. 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 27.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.67, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CEF-U in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
18.48
6 important support areas can be observed.
We found 1 important resistance area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
27.17 | 26.33 | 0.84 (3.09%) | 25.00% |
An entry @27.17. This is a Buy Stop order right above the resistance zone. | An exit @26.33. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.84 points, which is 3.09%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.77%. |
TSX:CEF-U (3/7/2025, 7:00:00 PM)
26.79
-0.04 (-0.15%)