TSX:CEMI - Toronto Stock Exchange - CA17165A2011 - ETF - Currency: CAD
Taking everything into account, CEMI scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, CEMI has proven to be a steady performer, scoring decent points in every aspect analyzed.
CEMI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 20.25. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.88, a Stop Loss order could be placed below this zone.
16.40
When analyzing the support we can see 4 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 |
---|---|---|---|
20.26 | 19.40 | 0.86 (4.24%) | 23.56% |
An entry @20.26. This is a Buy Stop order right above the resistance zone. | An exit @19.40. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.86 points, which is 4.24%. | For a 1.00% total portfolio risk, you can invest 23.56% of your capital in this trade. |
TSX:CEMI (3/7/2025, 7:00:00 PM)
20
+0.4 (+2.04%)