NYSEARCA:CEF - NYSE Arca - CA85208R1010 - Currency: USD
Taking everything into account, CEF scores 10 out of 10 in our technical rating. 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.
Besides having an excellent technical rating, CEF also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
23.36
We found 3 important support areas.
When analyzing the resistance we notice one important 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 |
---|---|---|---|
30.03 | 28.28 | 1.75 (5.83%) | 17.16% |
An entry @30.03. This is a Buy Stop order right above the resistance zone. | An exit @28.28. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.75 points, which is 5.83%. | For a 1.00% total portfolio risk, you can invest 17.16% of your capital in this trade. |
29.17
-0.42 (-1.42%)