NYSEARCA:CPII - NYSE Arca - US8863645532 - ETF - Currency: USD
We assign a technical rating of 2 out of 10 to CPII. CPII 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, CPII 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 19.38. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.36, a Stop Loss order could be placed below this zone.
18.79
We found 1 important support area.
When analyzing the resistance we notice 2 important areas.
NYSEARCA:CPII (3/7/2025, 8:15:57 PM)
19.375
+0.02 (+0.12%)