GLOBAL X AIT INDEX ETF (AIGO.CA) Stock Technical Analysis
TSX:AIGO - Toronto Stock Exchange - CA37949S1048 - ETF - Currency: CAD
We assign a technical rating of 8 out of 10 to AIGO. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AIGO is only an average performer.
Warning: AIGO has an average volume of 803 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!
A new 52 week high is currently being made by AIGO, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month AIGO has a been trading in the 24.75 - 26.64 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, AIGO did better than 78% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Volume is considerably higher in the last couple of days.
Although AIGO has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
19.03
26.70
When analyzing the support we can see 3 important areas.
- A support zone ranging from 25.67 to 26.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.79 from a horizontal line in the weekly time frame.
- Support @19.22 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 26.44 to 26.44. 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 AIGO.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AIGO.CA is up. |
| ChartMill Relative Strength | 78.54 | POSITIVE | AIGO.CA has a high relative strength, it outperformed 78.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AIGO.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AIGO.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 67.38 | NEUTRAL | The RSI value for AIGO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests AIGO.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 87.49 | OVERBOUGHT | The high Stochastics value suggests AIGO.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.97 | LOW VOLATILITY | The low ATR as a percentage value for AIGO.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 25.15 | POSITIVE | The high ADX value value for AIGO.CA suggests a strong trend. |
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)
TSX:AIGO (7/18/2025, 7:00:00 PM)
26.43
+0.38 (+1.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.46%
1 Week2.36%
2 Weeks3.12%
1 Month6.53%
3 Month27.37%
6 Month10.54%
12 Month29.05%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%0.97%
ATR Inc37.33%
Range Today0.23
ADR(20)0.12
ADR(20)%0.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.54
Mansfield0.49
10 Day High26.64
10 Day Low25.7
20 Day High26.64
20 Day Low24.75
52 Week High26.64
52 Week Low19
CS1 End26.28
CR1 Start26.44
Volume & EV
DER(3)0%
DER(5)0%
Volume1.98K
Volume Incr80.86%
Vol(5)1.11K
Vol(50)803.98