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Stock Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

MULVIHILL CANADIAN BANK ENHANCED YIELD ETF (TSE:CBNK)

Bull Market Weakness (+75) - CBNK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CBNK as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CBNK?

MarketClub looks at technical strength and momentum to determine if the timing is right for CBNK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_CBNK
Open High Low CBNK Price Change
7.36 7.37 7.32 7.35 +0.05
Entry Signal

MarketClub’s Trade Triangles for CBNK

long term down The long-term trend has been DOWN since Jun 11th, 2024 at 7.09

intermediate term up The intermediate-term trend has been UP since Jul 10th, 2024 at 7.11

short term up The short-term trend has been UP since Jul 26th, 2024 at 7.36

Smart Scan Analysis for CBNK

Based on our trend formula, CBNK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for CBNK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.36 7.37 7.32 7.35 +0.05
Prev. Close Volume Bid Ask Time
7.30 14501 2024-07-26 15:42:35
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