CIBC CANADIAN SH-TRM BND ETF (CSBI.CA) Stock Technical Analysis
TSX:CSBI - Toronto Stock Exchange - CA12569M1095 - ETF - Currency: CAD
We assign a technical rating of 7 out of 10 to CSBI. Although CSBI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: CSBI has an average volume of 4323 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.
CSBI 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 comparing the performance of all stocks over the past year, CSBI turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
In the last month CSBI has a been trading in a tight range between 20.68 and 20.83.
Considerably lower volume is observed in the last couple of days.
CSBI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 20.76, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
19.42
21.04
2 important support areas can be observed.
- A support zone ranging from 19.97 to 20.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.62 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.77 to 20.83. 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
CRS46.63
Mansfield-0.17
10 Day High20.83
10 Day Low20.68
20 Day High20.83
20 Day Low20.68
52 Week High20.83
52 Week Low0
Performance
1 Week-0.14%
2 Weeks0.14%
1 Month0.24%
3 Month0.53%
6 Month1.37%
12 Month3.96%
2 Year5.22%
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)-0.01
RSI(14)53.27
LBB20.65
UBB20.83
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 |
|---|---|---|---|
| 20.84 | 20.67 | 0.17 (0.82%) | 25.00% |
| An entry @20.84. This is a Buy Stop order right above the resistance zone. | An exit @20.67. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.17 points, which is 0.82%. | For a 0.20% 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:CSBI (3/7/2025, 7:00:00 PM)
20.76
+0.03 (+0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.14%
1 Week-0.14%
2 Weeks0.14%
1 Month0.24%
3 Month0.53%
6 Month1.37%
12 Month3.96%
2 Year5.22%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%0.2%
ATR Inc33.33%
Range Today0
ADR(20)0.01
ADR(20)%0.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.63
Mansfield-0.17
10 Day High20.83
10 Day Low20.68
20 Day High20.83
20 Day Low20.68
52 Week High20.83
52 Week Low0
CS1 End20.76
CR1 Start20.77
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-74.02%
Vol(5)1.74K
Vol(50)4.32K