Canada - TSX:BSKT - CA56502V1067 - ETF
Taking everything into account, BSKT scores 6 out of 10 in our technical rating. Although BSKT is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
BSKT has an average technical rating and it also does not offer a high quality setup 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.
8.30
When analyzing the support we can see 2 important areas.
We found 1 important resistance area.
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 BSKT.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BSKT.CA is up. |
ChartMill Relative Strength | 31.5 | NEUTRAL | BSKT.CA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BSKT.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BSKT.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BSKT.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 71.11 | OVERBOUGHT | The high RSI value suggests BSKT.CA may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BSKT.CA has a positive trend. |
Stochastics (14,3) | 90.28 | OVERBOUGHT | The high Stochastics value suggests BSKT.CA may be overbought. |
Average True Range in percent/ATR (20) | 0.29 | LOW VOLATILITY | The low ATR as a percentage value for BSKT.CA suggests low volalility. |
Average Directional Index/ADX (14) | 14.62 | NEGATIVE | The low ADX value for BSKT.CA suggests a weak or negative trend. |
TSX:BSKT (10/16/2025, 7:00:00 PM)
8.86
+0.02 (+0.23%)