ISHARES CONVERTIBLE BOND IND (CVD.CA) Stock Technical Analysis
TSX:CVD - Toronto Stock Exchange - CA46432K2056 - ETF - Currency: CAD
Taking everything into account, CVD scores 4 out of 10 in our technical rating. In the last year, CVD was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
Warning: CVD has an average volume of 2398 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
CVD 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, CVD turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
In the last month CVD has a been trading in a tight range between 17.24 and 17.46.
Considerably lower volume is observed in the last couple of days.
CVD has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 17.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.38, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
14.66
17.84
When analyzing the support we can see 3 important areas.
- A support zone ranging from 17.05 to 17.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.70 from a horizontal line in the weekly time frame.
- Support @14.81 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 17.40 to 17.66. 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
CRS48.7
Mansfield-0.14
10 Day High17.46
10 Day Low17.27
20 Day High17.46
20 Day Low17.24
52 Week High17.69
52 Week Low0
Performance
1 Week0.12%
2 Weeks0.23%
1 Month-0.11%
3 Month-0.4%
6 Month1.99%
12 Month6.04%
2 Year1.93%
3 Year-3.23%
5 Year13.96%
10 Year-7.4%
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
RSI(14)51.54
LBB17.29
UBB17.45
TSX:CVD (3/7/2025, 7:00:00 PM)
17.39
+0.04 (+0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.23%
1 Week0.12%
2 Weeks0.23%
1 Month-0.11%
3 Month-0.4%
6 Month1.99%
12 Month6.04%
2 Year1.93%
3 Year-3.23%
5 Year13.96%
10 Year-7.4%
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%0.37%
ATR Inc36.96%
Range Today0.11
ADR(20)0.05
ADR(20)%0.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.7
Mansfield-0.14
10 Day High17.46
10 Day Low17.27
20 Day High17.46
20 Day Low17.24
52 Week High17.69
52 Week Low0
CS1 End17.38
CR1 Start17.4
Volume & EV
DER(3)0%
DER(5)0%
Volume3.28K
Volume Incr-26.41%
Vol(5)1.32K
Vol(50)2.40K