CANOE EIT INCOME FUND (EIT-UN.CA) Stock Technical Analysis
TSX:EIT-UN - Toronto Stock Exchange - CA13780R1091 - Currency: CAD
We assign a technical rating of 2 out of 10 to EIT-UN. EIT-UN 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.
In the last month EIT-UN has a been trading in the 13.28 - 15.25 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, EIT-UN turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
EIT-UN is part of the Capital Markets industry. There are 76 other stocks in this industry, EIT-UN did better than 54% of them.
EIT-UN is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although the technical rating is bad, EIT-UN 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 14.98. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.87, a Stop Loss order could be placed below this zone.
More info and screens
13.74
15.94
We found 2 important support areas.
- A support zone ranging from 14.58 to 14.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.88 to 13.89. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 14.98 to 15.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.50 to 15.78. 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
CRS59.57
Mansfield0.37
10 Day High15.03
10 Day Low14.29
20 Day High15.25
20 Day Low13.28
52 Week High15.77
52 Week Low13.26
Performance
1 Week-0.6%
2 Weeks4.06%
1 Month-1.65%
3 Month-3.88%
6 Month-0.73%
12 Month8.46%
2 Year14.03%
3 Year6.9%
5 Year66.98%
10 Year17.4%
15 Year6.07%
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)0.03
RSI(14)50.09
LBB13.97
UBB15.39
TSX:EIT-UN (4/25/2025, 7:00:00 PM)
14.87
-0.01 (-0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.07%
1 Week-0.6%
2 Weeks4.06%
1 Month-1.65%
3 Month-3.88%
6 Month-0.73%
12 Month8.46%
2 Year14.03%
3 Year6.9%
5 Year66.98%
10 Year17.4%
15 Year6.07%
Volatility
ATR(14)0.43
ATR(20)%2.67%
ATR Inc-75.28%
Range Today0.07
ADR(20)0.39
ADR(20)%2.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.57
Mansfield0.37
10 Day High15.03
10 Day Low14.29
20 Day High15.25
20 Day Low13.28
52 Week High15.77
52 Week Low13.26
CS1 End14.87
CR1 Start14.98
Volume & EV
DER(3)0.8%
DER(5)-2.31%
Volume130.52K
Volume Incr-32.32%
Vol(5)143.69K
Vol(50)217.03K