(AIdbf.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:AIdbf -
Taking everything into account, AIdbf scores 5 out of 10 in our technical rating. Although AIdbf is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
AIdbf has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 100.92. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 100.33, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
93.12
3 important support areas can be observed.
- A support zone ranging from 98.64 to 100.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 96.02 to 96.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @94.06 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 100.92 to 100.98. 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 AIdbf.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AIdbf.CA is up. |
| ChartMill Relative Strength | 34.94 | NEUTRAL | AIdbf.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AIdbf.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AIdbf.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AIdbf.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.63 | NEUTRAL | The RSI value for AIdbf.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests AIdbf.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.14 | OVERBOUGHT | The high Stochastics value suggests AIdbf.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.33 | LOW VOLATILITY | The low ATR as a percentage value for AIdbf.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 11.86 | NEGATIVE | The low ADX value for AIdbf.CA suggests a weak or negative trend. |
/ AIdbf.CA FAQ
What is the ChartMill technical rating of (AIdbf.CA) stock?
ChartMill assigns a technical rating of 5 / 10 to AIdbf.CA.
Can you provide the trend direction for ?
The current trend direction for (AIdbf.CA) is Bullish.
What is the RSI signal for (AIdbf.CA) stock?
(AIdbf.CA) has an RSI value of 56.6308. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ?
The short term momentum for (AIdbf.CA) is positive.
What is the buy/sell signal for (AIdbf.CA) stock?
The buy/sell signal for (AIdbf.CA) is buy as both the short term and long term trends are positive.