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CI Canadian Banks Covered Call Income Class ETF

CIC.TO Technical Analysis Summary (TSX)

Analyze CIC.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

CIC.TOTSX
Financial ServicesAsset Management - Income
$18.45
$0.11(0.60%)
Canadian Market opens in NaNh NaNm

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

CIC.TO Technical Analysis Summary (TSX)

CI Canadian Banks Covered Call Income Class ETF (TSX: CIC.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 48.27)
Trend Strength:Moderate (ADX: 21.57)
Volatility:Low (ATR: 0.19)
Support/Resistance:$18.03 – $18.66 (Bollinger Bands)

Technical conditions suggest CI Canadian Banks Covered Call Income Class ETF on the TSX is awaiting a decisive move. Overall, CI Canadian Banks Covered Call Income Class ETF remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 48.27

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 58.45

Neutral
Mid-range signal with no clear trend.

Williams %R: -34.78

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 0.76

Neutral
Price change is minimal.

Takeaway:CI Canadian Banks Covered Call Income Class ETF shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.10

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 21.57

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.19

Low
Low volatility, stable price action.

CCI (14): 57.72

Bullish
Bullish, momentum building upward.

Takeaway:CI Canadian Banks Covered Call Income Class ETF shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$18.66
Middle Band (SMA 20)
$18.35
Lower Band
$18.03
Current Position
Within Bands

Takeaway:CI Canadian Banks Covered Call Income Class ETF trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$18.85
Middle Line (EMA 20)
$18.46
Lower Channel
$18.07
Squeeze Status
Squeeze On

Takeaway:CI Canadian Banks Covered Call Income Class ETF trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume-194.12K
Money Flow Index48.49Neutral, balanced money flows with no clear signal.
Relative Vigor Index50.35Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:CIC.TO shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of CI Canadian Banks Covered Call Income Class ETF (TSX: CIC.TO), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:CI Canadian Banks Covered Call Income Class ETF shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(TSX: CIC.TO) Technical Analysis FAQ