CI ALTERNATIVE NORTH AMERICA (CNAO.CA) Stock Technical Analysis
TSX:CNAO - Toronto Stock Exchange - CA12546N1050 - ETF - Currency: CAD
Taking everything into account, CNAO scores 7 out of 10 in our technical rating. Although CNAO is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, CNAO is a bad performer in the overall market: 100% of all stocks are doing better.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: CNAO has an average volume of 4004 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month CNAO has a been trading in the 24.11 - 31.91 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CNAO has an excellent technical rating, it 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
24.41
31.59
When analyzing the support we can see 2 important areas.
- A support zone ranging from 25.49 to 25.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @24.66 from a trend 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
CRS0
Mansfield-30
10 Day High31.91
10 Day Low25.81
20 Day High31.91
20 Day Low24.11
52 Week HighN/A
52 Week LowN/A
Performance
1 Week18.86%
2 Weeks10.56%
1 Month21.22%
3 Month28.99%
6 Month54.41%
12 MonthN/A
2 Year88.12%
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)0.48
RSI(14)68.45
LBB24.13
UBB32.61
TSX:CNAO (2/21/2025, 7:00:00 PM)
31.28
-0.32 (-1.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.01%
1 Week18.86%
2 Weeks10.56%
1 Month21.22%
3 Month28.99%
6 Month54.41%
12 MonthN/A
2 Year88.12%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.04
ATR(20)%2.86%
ATR Inc-67.89%
Range Today0.01
ADR(20)0.03
ADR(20)%0.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High31.91
10 Day Low25.81
20 Day High31.91
20 Day Low24.11
52 Week HighN/A
52 Week LowN/A
CS1 End25.75
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume5.20K
Volume Incr-28.89%
Vol(5)1.85K
Vol(50)4.00K