CI First Asset US Buyback Index ETF (FBU.CA) Stock Technical Analysis
TSX:FBU - Toronto Stock Exchange -
We assign a technical rating of 10 out of 10 to FBU. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FBU is showing a nice and steady performance.
Warning: FBU has an average volume of 1719 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that FBU is one of the better performing stocks in the market, outperforming 76% of all stocks. On top of that, FBU also shows a nice and consistent pattern of rising prices.
FBU is currently making a new 52 week high. This is a strong signal, certainly because the S&P500 Index is not trading near new highs.
In the last month FBU has a been trading in the 37.14 - 39.80 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Although FBU has an excellent technical rating, it does not offer a high quality setup 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
32.99
40.20
4 important support areas can be observed.
- A support zone ranging from 38.62 to 39.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 35.23 to 35.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @34.14 from a trend line in the daily time frame.
- Support @33.32 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 39.80 to 39.80. 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
CRS76.21
Mansfield0.87
10 Day High39.8
10 Day Low38.56
20 Day High39.8
20 Day Low37.14
52 Week High39.8
52 Week Low17.39
Performance
1 Week1.74%
2 Weeks3.22%
1 Month4.63%
3 Month11.39%
6 Month36.59%
12 Month117.79%
2 YearN/A
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)-0.04
RSI(14)69.76
LBB38.25
UBB39.71
CI First Asset US Buyback Index ETF
TSX:FBU (4/16/2021, 3:47:24 PM)
39.79
+0.34 (+0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.86%
1 Week1.74%
2 Weeks3.22%
1 Month4.63%
3 Month11.39%
6 Month36.59%
12 Month117.79%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%0.89%
ATR Inc-9.51%
Range Today0.1
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.21
Mansfield0.87
10 Day High39.8
10 Day Low38.56
20 Day High39.8
20 Day Low37.14
52 Week High39.8
52 Week Low17.39
CS1 End39.15
CR1 Start39.8
Volume & EV
DER(3)0.85%
DER(5)0.51%
Volume2.80K
Volume Incr158.8%
Vol(5)5.01K
Vol(50)1.72K