CHEMTRADE LOGISTICS INCOM FD (CHE-UN.CA) Stock Technical Analysis
TSX:CHE-UN - Toronto Stock Exchange - CA16387P1036 - Currency: CAD
We assign a technical rating of 1 out of 10 to CHE-UN. CHE-UN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
CHE-UN is one of the better performing stocks in the Chemicals industry, it outperforms 70% of 32 stocks in the same industry.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, CHE-UN outperforms 46% of them, which is more or less in line with the market.
CHE-UN is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month CHE-UN has a been trading in the 9.36 - 10.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, CHE-UN does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 9.69, a Stop Loss order could be placed below this zone.
More info and screens
7.90
11.31
4 important support areas can be observed.
- A support zone ranging from 9.66 to 9.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.40 from a horizontal line in the daily time frame.
- Support @8.67 from a trend line in the weekly time frame.
- Support @7.98 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 9.91 to 10.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 10.25 to 10.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.94 from a horizontal line in the daily time frame.
- Resistance @11.20 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.71
Mansfield-0.48
10 Day High10.5
10 Day Low9.36
20 Day High10.5
20 Day Low9.36
52 Week High12.05
52 Week Low7.84
Performance
1 Week-6.64%
2 Weeks-2.02%
1 Month-3.58%
3 Month-18.01%
6 Month-1.52%
12 Month22.63%
2 Year23.57%
3 Year20.8%
5 Year97.15%
10 Year-54.69%
15 Year-25.38%
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
RSI(14)40.6
LBB9.61
UBB10.25
TSX:CHE-UN (3/7/2025, 7:00:00 PM)
9.7
-0.21 (-2.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-2.12%
1 Week-6.64%
2 Weeks-2.02%
1 Month-3.58%
3 Month-18.01%
6 Month-1.52%
12 Month22.63%
2 Year23.57%
3 Year20.8%
5 Year97.15%
10 Year-54.69%
15 Year-25.38%
Volatility
ATR(14)0.28
ATR(20)%2.47%
ATR Inc8.87%
Range Today0.36
ADR(20)0.23
ADR(20)%2.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.71
Mansfield-0.48
10 Day High10.5
10 Day Low9.36
20 Day High10.5
20 Day Low9.36
52 Week High12.05
52 Week Low7.84
CS1 End9.69
CR1 Start9.91
Volume & EV
DER(3)-4.71%
DER(5)-10.6%
Volume430.72K
Volume Incr42.51%
Vol(5)391.09K
Vol(50)298.87K