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Canoe EIT Income Fund Pref
Buy, Hold or Sell?

Let's analyse Canoe EIT Income Fund Pref together

PenkeI guess you are interested in Canoe EIT Income Fund Pref. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Canoe EIT Income Fund Pref. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Canoe EIT Income Fund Pref (30 sec.)










What can you expect buying and holding a share of Canoe EIT Income Fund Pref? (30 sec.)

How much money do you get?

How much money do you get?
C$3.38
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
C$13.68
Expected worth in 1 year
C$15.51
How sure are you?
66.7%

+ What do you gain per year?

Total Gains per Share
C$6.43
Return On Investment
25.8%

For what price can you sell your share?

Current Price per Share
C$24.91
Expected price per share
C$24.90 - C$25.26
How sure are you?
50%

1. Valuation of Canoe EIT Income Fund Pref (5 min.)




Live pricePrice per Share (EOD)

C$24.91

Intrinsic Value Per Share

C$2.49 - C$24.21

Total Value Per Share

C$16.17 - C$37.89

2. Growth of Canoe EIT Income Fund Pref (5 min.)




Is Canoe EIT Income Fund Pref growing?

Current yearPrevious yearGrowGrow %
How rich?$1.5b$1.4b$187.5m11.7%

How much money is Canoe EIT Income Fund Pref making?

Current yearPrevious yearGrowGrow %
Making money$188m$431.8m-$243.7m-129.7%
Net Profit Margin91.8%98.2%--

How much money comes from the company's main activities?

3. Financial Health of Canoe EIT Income Fund Pref (5 min.)




4. Comparing to competitors in the Asset Management industry (5 min.)




  Industry Rankings (Asset Management)  


Richest
#111 / 763

Most Revenue
#101 / 763

Most Profit
#50 / 763

Most Efficient
#259 / 763

What can you expect buying and holding a share of Canoe EIT Income Fund Pref? (5 min.)

Welcome investor! Canoe EIT Income Fund Pref's management wants to use your money to grow the business. In return you get a share of Canoe EIT Income Fund Pref.

What can you expect buying and holding a share of Canoe EIT Income Fund Pref?

First you should know what it really means to hold a share of Canoe EIT Income Fund Pref. And how you can make/lose money.

Speculation

The Price per Share of Canoe EIT Income Fund Pref is C$24.91. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Canoe EIT Income Fund Pref.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Canoe EIT Income Fund Pref, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is C$13.68. Based on the TTM, the Book Value Change Per Share is C$0.46 per quarter. Based on the YOY, the Book Value Change Per Share is C$12.22 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is C$1.15 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Canoe EIT Income Fund Pref.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 C$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per Share
Usd Eps1.194.8%1.194.8%2.9311.8%1.004.0%0.923.7%
Usd Book Value Change Per Share0.341.4%0.341.4%9.0036.1%0.180.7%1.686.7%
Usd Dividend Per Share0.853.4%0.853.4%0.803.2%0.672.7%0.592.4%
Usd Total Gains Per Share1.184.7%1.184.7%9.8039.3%0.843.4%2.269.1%
Usd Price Per Share17.87-17.87-18.89-18.63-18.66-
Price to Earnings Ratio15.07-15.07-6.45-11.20-15.33-
Price-to-Total Gains Ratio15.11-15.11-1.93-4.25-3.88-
Price to Book Ratio1.77-1.77-1.94-6.91-6.10-
Price-to-Total Gains Ratio15.11-15.11-1.93-4.25-3.88-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share18.341233
Number of shares54
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.850.67
Usd Book Value Change Per Share0.340.18
Usd Total Gains Per Share1.180.84
Gains per Quarter (54 shares)63.8845.58
Gains per Year (54 shares)255.53182.33
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
11837324614438172
236514650228877354
3548219758432115536
47302921014576154718
59133651270719192900
6109643815268632311082
71278510178210072691264
81461583203811513081446
91643656229412953461628
101826729255014393841810

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%5.01.00.083.3%5.01.00.083.3%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%4.02.00.066.7%4.02.00.066.7%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%6.00.00.0100.0%6.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%4.02.00.066.7%4.02.00.066.7%

Fundamentals of Canoe EIT Income Fund Pref

About Canoe EIT Income Fund Pref

Canoe EIT Income Fund is a closed-ended balanced fund launched and managed by Canoe Financial LP. It is co-managed by Haber Trilix Advisors, LP. The fund invests in the public equity and fixed income markets of Canada and the United States. Its equity portion seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in growth and value stocks of mid-cap and large-cap companies. It invests in equity and debt securities of royalty and income trusts, corporations, partnerships, or other issuers. The fund was formerly known as EnerVest Diversified Income Trust. Canoe EIT Income Fund was formed on August 5, 1997 and is domiciled in Canada.

Fundamental data was last updated by Penke on 2024-03-07 07:04:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Canoe EIT Income Fund Pref.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Canoe EIT Income Fund Pref earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Canoe EIT Income Fund Pref to the Asset Management industry mean.
  • A Net Profit Margin of 91.8% means that $0.92 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Canoe EIT Income Fund Pref:

  • The MRQ is 91.8%. The company is making a huge profit. +2
  • The TTM is 91.8%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ91.8%TTM91.8%0.0%
TTM91.8%YOY98.2%-6.4%
TTM91.8%5Y98.1%-6.3%
5Y98.1%10Y96.4%+1.7%
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ91.8%62.0%+29.8%
TTM91.8%63.5%+28.3%
YOY98.2%71.0%+27.2%
5Y98.1%62.9%+35.2%
10Y96.4%58.3%+38.1%
1.1.2. Return on Assets

Shows how efficient Canoe EIT Income Fund Pref is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Canoe EIT Income Fund Pref to the Asset Management industry mean.
  • 10.2% Return on Assets means that Canoe EIT Income Fund Pref generated $0.10 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Canoe EIT Income Fund Pref:

  • The MRQ is 10.2%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 10.2%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ10.2%TTM10.2%0.0%
TTM10.2%YOY26.2%-16.0%
TTM10.2%5Y9.6%+0.6%
5Y9.6%10Y8.8%+0.7%
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ10.2%0.8%+9.4%
TTM10.2%0.9%+9.3%
YOY26.2%1.0%+25.2%
5Y9.6%1.5%+8.1%
10Y8.8%2.1%+6.7%
1.1.3. Return on Equity

Shows how efficient Canoe EIT Income Fund Pref is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Canoe EIT Income Fund Pref to the Asset Management industry mean.
  • 11.8% Return on Equity means Canoe EIT Income Fund Pref generated $0.12 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Canoe EIT Income Fund Pref:

  • The MRQ is 11.8%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 11.8%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ11.8%TTM11.8%0.0%
TTM11.8%YOY30.6%-18.9%
TTM11.8%5Y21.7%-9.9%
5Y21.7%10Y19.1%+2.6%
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ11.8%1.7%+10.1%
TTM11.8%2.0%+9.8%
YOY30.6%1.9%+28.7%
5Y21.7%2.6%+19.1%
10Y19.1%3.2%+15.9%

1.2. Operating Efficiency of Canoe EIT Income Fund Pref.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Canoe EIT Income Fund Pref is operating .

  • Measures how much profit Canoe EIT Income Fund Pref makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Canoe EIT Income Fund Pref to the Asset Management industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Canoe EIT Income Fund Pref:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY98.6%-98.6%
TTM-5Y81.3%-81.3%
5Y81.3%10Y83.2%-1.9%
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ-80.7%-80.7%
TTM-62.9%-62.9%
YOY98.6%70.4%+28.2%
5Y81.3%55.7%+25.6%
10Y83.2%50.4%+32.8%
1.2.2. Operating Ratio

Measures how efficient Canoe EIT Income Fund Pref is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Asset Management industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are $0.00 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Canoe EIT Income Fund Pref:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.419-0.419
TTM-0.437-0.437
YOY-0.335-0.335
5Y-0.430-0.430
10Y-0.483-0.483

1.3. Liquidity of Canoe EIT Income Fund Pref.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Canoe EIT Income Fund Pref is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Asset Management industry mean).
  • A Current Ratio of 0.00 means the company has $0.00 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Canoe EIT Income Fund Pref:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY1.384-1.384
TTM-5Y1.323-1.323
5Y1.32310Y1.121+0.202
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.205-3.205
TTM-3.185-3.185
YOY1.3843.840-2.456
5Y1.3235.526-4.203
10Y1.1216.549-5.428
1.3.2. Quick Ratio

Measures if Canoe EIT Income Fund Pref is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Canoe EIT Income Fund Pref to the Asset Management industry mean.
  • A Quick Ratio of 0.00 means the company can pay off $0.00 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Canoe EIT Income Fund Pref:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY0.052-0.052
TTM-5Y0.025-0.025
5Y0.02510Y0.024+0.000
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.162-3.162
TTM-3.528-3.528
YOY0.0524.139-4.087
5Y0.0256.715-6.690
10Y0.0246.060-6.036

1.4. Solvency of Canoe EIT Income Fund Pref.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Canoe EIT Income Fund Pref assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Canoe EIT Income Fund Pref to Asset Management industry mean.
  • A Debt to Asset Ratio of 0.13 means that Canoe EIT Income Fund Pref assets are financed with 13.5% credit (debt) and the remaining percentage (100% - 13.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Canoe EIT Income Fund Pref:

  • The MRQ is 0.135. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.135. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.135TTM0.1350.000
TTM0.135YOY0.146-0.012
TTM0.1355Y0.328-0.193
5Y0.32810Y0.303+0.024
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1350.183-0.048
TTM0.1350.180-0.045
YOY0.1460.185-0.039
5Y0.3280.190+0.138
10Y0.3030.188+0.115
1.4.2. Debt to Equity Ratio

Measures if Canoe EIT Income Fund Pref is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Canoe EIT Income Fund Pref to the Asset Management industry mean.
  • A Debt to Equity ratio of 15.5% means that company has $0.16 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Canoe EIT Income Fund Pref:

  • The MRQ is 0.155. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.155. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.155TTM0.1550.000
TTM0.155YOY0.171-0.016
TTM0.1555Y2.520-2.364
5Y2.52010Y2.137+0.383
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1550.211-0.056
TTM0.1550.220-0.065
YOY0.1710.227-0.056
5Y2.5200.250+2.270
10Y2.1370.260+1.877

2. Market Valuation of Canoe EIT Income Fund Pref

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Canoe EIT Income Fund Pref generates.

  • Above 15 is considered overpriced but always compare Canoe EIT Income Fund Pref to the Asset Management industry mean.
  • A PE ratio of 15.07 means the investor is paying $15.07 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Canoe EIT Income Fund Pref:

  • The EOD is 15.467. Based on the earnings, the company is fair priced.
  • The MRQ is 15.069. Based on the earnings, the company is fair priced.
  • The TTM is 15.069. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD15.467MRQ15.069+0.397
MRQ15.069TTM15.0690.000
TTM15.069YOY6.449+8.620
TTM15.0695Y11.202+3.867
5Y11.20210Y15.329-4.127
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
EOD15.4675.593+9.874
MRQ15.0695.563+9.506
TTM15.0695.667+9.402
YOY6.4493.801+2.648
5Y11.2025.354+5.848
10Y15.3297.598+7.731
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Canoe EIT Income Fund Pref:

  • The EOD is -78.798. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -76.773. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -76.773. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-78.798MRQ-76.773-2.025
MRQ-76.773TTM-76.7730.000
TTM-76.773YOY-307.195+230.422
TTM-76.7735Y-144.851+68.078
5Y-144.85110Y-125.956-18.895
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
EOD-78.7984.542-83.340
MRQ-76.7734.227-81.000
TTM-76.7733.309-80.082
YOY-307.1952.153-309.348
5Y-144.8512.207-147.058
10Y-125.9562.449-128.405
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Canoe EIT Income Fund Pref is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Asset Management industry mean).
  • A PB ratio of 1.77 means the investor is paying $1.77 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Canoe EIT Income Fund Pref:

  • The EOD is 1.821. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.774. Based on the equity, the company is underpriced. +1
  • The TTM is 1.774. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.821MRQ1.774+0.047
MRQ1.774TTM1.7740.000
TTM1.774YOY1.940-0.166
TTM1.7745Y6.911-5.136
5Y6.91110Y6.100+0.810
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
EOD1.8210.925+0.896
MRQ1.7740.911+0.863
TTM1.7740.910+0.864
YOY1.9400.983+0.957
5Y6.9111.008+5.903
10Y6.1001.157+4.943
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Canoe EIT Income Fund Pref compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.4590.4590%12.220-96%0.242+90%2.280-80%
Book Value Per Share--13.67913.6790%13.220+3%9.835+39%10.274+33%
Current Ratio----0%1.384-100%1.323-100%1.121-100%
Debt To Asset Ratio--0.1350.1350%0.146-8%0.328-59%0.303-56%
Debt To Equity Ratio--0.1550.1550%0.171-9%2.520-94%2.137-93%
Dividend Per Share--1.1481.1480%1.084+6%0.905+27%0.796+44%
Eps--1.6111.6110%3.977-60%1.364+18%1.255+28%
Free Cash Flow Per Share---0.316-0.3160%-0.083-74%-0.095-70%-0.214-32%
Free Cash Flow To Equity Per Share---0.316-0.3160%0.714-144%0.236-234%0.055-670%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--24.213--------
Intrinsic Value_10Y_min--2.494--------
Intrinsic Value_1Y_max--0.450--------
Intrinsic Value_1Y_min---0.056--------
Intrinsic Value_3Y_max--2.857--------
Intrinsic Value_3Y_min--0.095--------
Intrinsic Value_5Y_max--7.081--------
Intrinsic Value_5Y_min--0.535--------
Market Cap2143181670.000-80%3848251200.0003848251200.0000%3713991750.000+4%3264194328.000+18%3086536165.000+25%
Net Profit Margin--0.9180.9180%0.982-7%0.981-6%0.964-5%
Operating Margin----0%0.986-100%0.813-100%0.832-100%
Operating Ratio----0%-0%-0%-0%
Pb Ratio1.821+3%1.7741.7740%1.940-9%6.911-74%6.100-71%
Pe Ratio15.467+3%15.06915.0690%6.449+134%11.202+35%15.329-2%
Price Per Share24.910+3%24.27024.2700%25.650-5%25.304-4%25.345-4%
Price To Free Cash Flow Ratio-78.798-3%-76.773-76.7730%-307.195+300%-144.851+89%-125.956+64%
Price To Total Gains Ratio15.504+3%15.10615.1060%1.928+683%4.253+255%3.879+289%
Quick Ratio----0%0.052-100%0.025-100%0.024-100%
Return On Assets--0.1020.1020%0.262-61%0.096+7%0.088+16%
Return On Equity--0.1180.1180%0.306-62%0.217-46%0.191-38%
Total Gains Per Share--1.6071.6070%13.304-88%1.146+40%3.075-48%
Usd Book Value--1596955179.6001596955179.6000%1409432823.000+13%965052505.920+65%935871537.950+71%
Usd Book Value Change Per Share--0.3380.3380%8.998-96%0.178+90%1.679-80%
Usd Book Value Per Share--10.07210.0720%9.734+3%7.241+39%7.565+33%
Usd Dividend Per Share--0.8450.8450%0.798+6%0.666+27%0.586+44%
Usd Eps--1.1861.1860%2.928-60%1.004+18%0.924+28%
Usd Free Cash Flow---36907037.500-36907037.5000%-8901867.000-76%-15520614.960-58%-21502537.050-42%
Usd Free Cash Flow Per Share---0.233-0.2330%-0.061-74%-0.070-70%-0.158-32%
Usd Free Cash Flow To Equity Per Share---0.233-0.2330%0.525-144%0.174-234%0.041-670%
Usd Market Cap1578024663.621-80%2833467358.5602833467358.5600%2734612125.525+4%2403426283.706+18%2272616578.290+25%
Usd Price Per Share18.341+3%17.87017.8700%18.886-5%18.631-4%18.662-4%
Usd Profit--188029667.300188029667.3000%431829641.800-56%151960244.680+24%134796772.617+39%
Usd Revenue--204781228.600204781228.6000%439680808.700-53%161121436.540+27%143552974.933+43%
Usd Total Gains Per Share--1.1831.1830%9.796-88%0.844+40%2.264-48%
 EOD+3 -5MRQTTM+0 -0YOY+12 -225Y+21 -1310Y+18 -16

3.2. Fundamental Score

Let's check the fundamental score of Canoe EIT Income Fund Pref based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1515.467
Price to Book Ratio (EOD)Between0-11.821
Net Profit Margin (MRQ)Greater than00.918
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.135
Debt to Equity Ratio (MRQ)Less than10.155
Return on Equity (MRQ)Greater than0.150.118
Return on Assets (MRQ)Greater than0.050.102
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Canoe EIT Income Fund Pref based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5057.280
Ma 20Greater thanMa 5024.906
Ma 50Greater thanMa 10024.849
Ma 100Greater thanMa 20024.671
OpenGreater thanClose24.910
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in CAD. All numbers in thousands.

Summary
Total Assets2,506,108
Total Liabilities337,216
Total Stockholder Equity2,168,892
 As reported
Total Liabilities 337,216
Total Stockholder Equity+ 2,168,892
Total Assets = 2,506,108

Assets

Total Assets2,506,108
Total Current Assets0
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 98,232
Total Current Assets  (as reported)0
Total Current Assets  (calculated)98,232
+/- 98,232
Long-term Assets
Long Term Investments 2,401,226
Long-term Assets  (as reported)0
Long-term Assets  (calculated)2,401,226
+/- 2,401,226

Liabilities & Shareholders' Equity

Total Current Liabilities0
Long-term Liabilities0
Total Stockholder Equity2,168,892
Total Current Liabilities
Accounts payable 19,736
Total Current Liabilities  (as reported)0
Total Current Liabilities  (calculated)19,736
+/- 19,736
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Total Stockholder Equity (as reported)2,168,892
Total Stockholder Equity (calculated)0
+/- 2,168,892
Other
Common Stock Shares Outstanding 158,560
Net Invested Capital 98,093



Balance Sheet

Currency in CAD. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
> Total Assets 
0
1,311,082
1,394,001
1,605,752
1,549,920
2,241,647
2,506,108
2,506,1082,241,6471,549,9201,605,7521,394,0011,311,0820
   > Total Current Assets 
85,484
11,258
361,237
169,700
46,944
151,187
0
0151,18746,944169,700361,23711,25885,484
       Cash And Cash Equivalents 
0
9,009
359,112
167,138
43,758
145,479
98,232
98,232145,47943,758167,138359,1129,0090
       Net Receivables 
1,818
2,249
2,125
2,562
3,186
5,708
0
05,7083,1862,5622,1252,2491,818
   > Long-term Assets 0000000
       Long Term Investments 
0
1,299,824
1,032,760
1,436,030
1,502,976
2,090,460
2,401,226
2,401,2262,090,4601,502,9761,436,0301,032,7601,299,8240
       Other Assets 
0
0
4
22
0
0
0
00022400
> Total Liabilities 
0
238,195
326,542
324,843
1,427,998
327,437
337,216
337,216327,4371,427,998324,843326,542238,1950
   > Total Current Liabilities 
107,769
101,859
111,628
108,900
107,113
109,261
0
0109,261107,113108,900111,628101,859107,769
       Accounts payable 
167
248
328
497
416
251
19,736
19,736251416497328248167
       Other Current Liabilities 
8,767
8,895
10,630
12,396
12,640
14,936
0
014,93612,64012,39610,6308,8958,767
   > Long-term Liabilities 0000000
> Total Stockholder Equity
0
1,072,887
1,067,459
1,280,909
121,922
1,914,210
2,168,892
2,168,8921,914,210121,9221,280,9091,067,4591,072,8870
   Retained Earnings 0000000
   Accumulated Other Comprehensive Income 0000000
   Capital Surplus 0000000
   Treasury Stock0000000



Balance Sheet

Currency in CAD. All numbers in thousands.




Cash Flow

Currency in CAD. All numbers in thousands.




Income Statement

Currency in CAD. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue278,122
Cost of Revenue-0
Gross Profit0278,122
 
Operating Income (+$)
Gross Profit0
Operating Expense-0
Operating Income00
 
Operating Expense (+$)
Research Development0
Selling General Administrative7,433
Selling And Marketing Expenses0
Operating Expense07,433
 
Net Interest Income (+$)
Interest Income1,774
Interest Expense-2,159
Other Finance Cost-0
Net Interest Income-385
 
Pretax Income (+$)
Operating Income0
Net Interest Income-385
Other Non-Operating Income Expenses0
Income Before Tax (EBT)255,3710
EBIT - interestExpense = -2,159
255,371
257,530
Interest Expense2,159
Earnings Before Interest and Taxes (EBIT)0257,530
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax255,371
Tax Provision-0
Net Income From Continuing Ops255,371255,371
Net Income255,371
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net0385
 

Technical Analysis of Canoe EIT Income Fund Pref
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Canoe EIT Income Fund Pref. The general trend of Canoe EIT Income Fund Pref is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Canoe EIT Income Fund Pref's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Canoe EIT Income Fund Pref.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 24.97 < 25.26.

The bearish price targets are: 24.90 > 24.90 > 24.90.

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Canoe EIT Income Fund Pref Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Canoe EIT Income Fund Pref. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Canoe EIT Income Fund Pref Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Canoe EIT Income Fund Pref. The current macd is 0.02479439.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Canoe EIT Income Fund Pref price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Canoe EIT Income Fund Pref. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Canoe EIT Income Fund Pref price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Canoe EIT Income Fund Pref Daily Moving Average Convergence/Divergence (MACD) ChartCanoe EIT Income Fund Pref Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Canoe EIT Income Fund Pref. The current adx is 54.69.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Canoe EIT Income Fund Pref shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Canoe EIT Income Fund Pref Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Canoe EIT Income Fund Pref. The current sar is 24.96.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Canoe EIT Income Fund Pref Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Canoe EIT Income Fund Pref. The current rsi is 57.28. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Canoe EIT Income Fund Pref Daily Relative Strength Index (RSI) ChartCanoe EIT Income Fund Pref Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Canoe EIT Income Fund Pref. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Canoe EIT Income Fund Pref price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Canoe EIT Income Fund Pref Daily Stochastic Oscillator ChartCanoe EIT Income Fund Pref Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Canoe EIT Income Fund Pref. The current cci is 13.22.

Canoe EIT Income Fund Pref Daily Commodity Channel Index (CCI) ChartCanoe EIT Income Fund Pref Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Canoe EIT Income Fund Pref. The current cmo is 1.47482269.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Canoe EIT Income Fund Pref Daily Chande Momentum Oscillator (CMO) ChartCanoe EIT Income Fund Pref Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Canoe EIT Income Fund Pref. The current willr is -75.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Canoe EIT Income Fund Pref is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Canoe EIT Income Fund Pref Daily Williams %R ChartCanoe EIT Income Fund Pref Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Canoe EIT Income Fund Pref.

Canoe EIT Income Fund Pref Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Canoe EIT Income Fund Pref. The current atr is 0.01869465.

Canoe EIT Income Fund Pref Daily Average True Range (ATR) ChartCanoe EIT Income Fund Pref Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Canoe EIT Income Fund Pref. The current obv is 234,098.

Canoe EIT Income Fund Pref Daily On-Balance Volume (OBV) ChartCanoe EIT Income Fund Pref Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Canoe EIT Income Fund Pref. The current mfi is 55.55.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Canoe EIT Income Fund Pref Daily Money Flow Index (MFI) ChartCanoe EIT Income Fund Pref Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Canoe EIT Income Fund Pref.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-21WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-23RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-11-24SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-08MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-11MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-14WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-29CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-10ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-12RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-20STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-21ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-22RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-14CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-15RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).

6.3. Candlestick Patterns

Canoe EIT Income Fund Pref Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Canoe EIT Income Fund Pref based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5057.280
Ma 20Greater thanMa 5024.906
Ma 50Greater thanMa 10024.849
Ma 100Greater thanMa 20024.671
OpenGreater thanClose24.910
Total4/5 (80.0%)
Penke

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