NYSEARCA:CMF - NYSE Arca - US4642883569 - ETF - Currency: USD
We assign a technical rating of 1 out of 10 to CMF. CMF 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.
Although the technical rating is bad, CMF does present a nice setup opportunity. 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 56.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 55.43, a Stop Loss order could be placed below this zone.
53.58
We found 1 important support area.
We found 1 important resistance area.
55.6
+0.2 (+0.36%)