CI ALTERNATIVE INVESTMENT GR (CRED.CA) Stock Technical Analysis
TSX:CRED - Toronto Stock Exchange - CA17164R1064 - ETF - Currency: CAD
Taking everything into account, CRED scores 6 out of 10 in our technical rating. Although CRED is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: CRED has an average volume of 1740 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.
CRED is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
When compared to the yearly performance of all other stocks, CRED outperforms 53% of them, which is more or less in line with the market.
In the last month CRED has a been trading in a tight range between 20.18 and 20.27.
CRED has an average technical rating and the quality of the presented setup is also not ideal 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
18.30
20.61
We found 3 important support areas.
- A support zone ranging from 19.41 to 20.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.78 to 18.78. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Strong support @18.48 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 20.23 to 20.41. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS53.03
Mansfield-0.62
10 Day High20.25
10 Day Low20.18
20 Day High20.27
20 Day Low20.18
52 Week High20.39
52 Week Low0
Performance
1 Week-0.05%
2 Weeks-0.1%
1 Month-0.1%
3 Month0.35%
6 Month2.9%
12 Month7.78%
2 Year8.36%
3 Year5.04%
5 Year12.33%
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)-0.02
RSI(14)51.67
LBB20.19
UBB20.27
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 20.24 | 20.17 | 0.07 (0.32%) | 25.00% |
| An entry @20.24. This is a Buy Stop order right above the 10 day moving average. | An exit @20.17. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.07 points, which is 0.32%. | For a 0.08% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:CRED (3/7/2025, 7:00:00 PM)
20.22
-0.01 (-0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.05%
1 Week-0.05%
2 Weeks-0.1%
1 Month-0.1%
3 Month0.35%
6 Month2.9%
12 Month7.78%
2 Year8.36%
3 Year5.04%
5 Year12.33%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.13%
ATR Inc40%
Range Today0
ADR(20)0
ADR(20)%0.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.03
Mansfield-0.62
10 Day High20.25
10 Day Low20.18
20 Day High20.27
20 Day Low20.18
52 Week High20.39
52 Week Low0
CS1 End20.21
CR1 Start20.23
Volume & EV
DER(3)0%
DER(5)0%
Volume1.74K
Volume Incr43.3%
Vol(5)1.99K
Vol(50)1.74K