ARRW EC EQTY ADGE ALT FUND (ADIV.CA) Stock Technical Analysis
TSX:ADIV - Toronto Stock Exchange - CA04274B1067 - ETF - Currency: CAD
Taking everything into account, ADIV scores 4 out of 10 in our technical rating. In the last year, ADIV was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
ADIV has an average technical rating and also the quality of the setup is only medium 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
22.22
When analyzing the support we can see 2 important areas.
- Support @23.15 from a horizontal line in the weekly time frame.
- Support @22.44 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 24.18 to 24.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ADIV.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ADIV.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ADIV.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ADIV.CA is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 66.6 | NEUTRAL | The RSI value for ADIV.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.6 | NEGATIVE | The MACD value suggests ADIV.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 99.43 | OVERBOUGHT | The high Stochastics value suggests ADIV.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.9 | LOW VOLATILITY | The low ATR as a percentage value for ADIV.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 35.76 | POSITIVE | The high ADX value value for ADIV.CA suggests a strong trend. |
TSX:ADIV (6/9/2025, 7:00:00 PM)
24.15
-0.03 (-0.12%)