TSX:CEF - Toronto Stock Exchange - CA85208R1010 - Currency: CAD
We assign a technical rating of 10 out of 10 to CEF. Both in the recent history as in the last year, CEF has proven to be a steady performer, scoring decent points in every aspect analyzed.
CEF has an excellent technical rating and 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 38.58. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 38.28, a Stop Loss order could be placed below this zone.
33.03
When analyzing the support we can see 3 important areas.
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 |
---|---|---|---|
38.64 | 37.31 | 1.33 (3.44%) | 25.00% |
An entry @38.64. This is a Buy Stop order right above the resistance zone. | An exit @37.31. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.33 points, which is 3.44%. | For a 0.86% total portfolio risk, you can invest 25.00% of your capital in this trade. |
TSX:CEF (3/7/2025, 7:00:00 PM)
38.57
+0.21 (+0.55%)