CIBC MULTIFCTR CDN EQ ETF (CMCE.CA) Stock Technical Analysis
TSX:CMCE - Toronto Stock Exchange - CA12545N1069 - ETF - Currency: CAD
Taking everything into account, CMCE scores 4 out of 10 in our technical rating. Although CMCE is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
In the last month CMCE has a been trading in the 21.58 - 24.50 range, which is quite wide. It is currently trading near the lows of this range.
Warning: CMCE has an average volume of 452 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, CMCE did better than 88% of all other stocks. On top of that, CMCE also shows a nice and consistent pattern of rising prices.
CMCE 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.
Volume is considerably higher in the last couple of days.
CMCE has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
21.40
25.22
We found 1 important support area.
- A support zone ranging from 21.62 to 21.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 22.83 to 23.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.84 to 24.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.58
Mansfield0.12
10 Day High24.5
10 Day Low21.58
20 Day High24.5
20 Day Low21.58
52 Week High24.97
52 Week Low18.51
Performance
1 Week-5.5%
2 Weeks-10.5%
1 Month-12.54%
3 Month-3.32%
6 Month1.82%
12 Month18.45%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)-0.27
RSI(14)34.57
LBB21.14
UBB25.22
TSX:CMCE (7/19/2022, 7:00:00 PM)
21.83
-0.09 (-0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.41%
1 Week-5.5%
2 Weeks-10.5%
1 Month-12.54%
3 Month-3.32%
6 Month1.82%
12 Month18.45%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%1.76%
ATR Inc-35.97%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.58
Mansfield0.12
10 Day High24.5
10 Day Low21.58
20 Day High24.5
20 Day Low21.58
52 Week High24.97
52 Week Low18.51
CS1 End21.62
CR1 Start22.83
Volume & EV
DER(3)0%
DER(5)0%
Volume200
Volume Incr76.05%
Vol(5)697
Vol(50)452.72