(AIdbf.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:AIdbf -
Overall AIdbf gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, AIdbf is a bad performer.
AIdbf has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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 100.31, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
When analyzing the support we can see 3 important areas.
- A support zone ranging from 98.64 to 100.31. 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.
When analyzing the resistance we notice one important 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 | 36.87 | NEUTRAL | AIdbf.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AIdbf.CA is above the rising 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) | 59.26 | 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. |
| Stochastics (14,3) | 79.76 | NEUTRAL | The Stochastics value for AIdbf.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.37 | LOW VOLATILITY | The low ATR as a percentage value for AIdbf.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 12.14 | NEGATIVE | The low ADX value for AIdbf.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 100.99 | 99.54 | 1.45 (1.44%) | 25.00% |
| An entry @100.99. This is a Buy Stop order right above the resistance zone. | An exit @99.54. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.45 points, which is 1.44%. | For a 0.36% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
/ AIdbf.CA FAQ
What is the ChartMill technical rating of (AIdbf.CA) stock?
ChartMill assigns a technical rating of 6 / 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 59.2593. 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.