CAP GROUP WORLD BOND ETF (CAPW.CA) Stock Technical Analysis
TSX:CAPW - Toronto Stock Exchange - CA14021X1033 - ETF - Currency: CAD
Taking everything into account, CAPW scores 5 out of 10 in our technical rating. CAPW has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, CAPW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 24.68. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.66, a Stop Loss order could be placed below this zone.
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23.19
2 important support areas can be observed.
- A support zone ranging from 24.48 to 24.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 23.42 to 24.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 24.68 to 24.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @25.36 from a horizontal line in the daily time frame.
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 CAPW.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CAPW.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CAPW.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 CAPW.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CAPW.CA is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 51.8 | NEUTRAL | The RSI value for CAPW.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests CAPW.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 99.73 | OVERBOUGHT | The high Stochastics value suggests CAPW.CA may be overbought. |
| Average True Range in percent/ATR (20) | 10.22 | HIGH VOLATILITY | The high ATR as a percentage value for CAPW.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 7.2 | NEGATIVE | The low ADX value for CAPW.CA suggests a weak or negative trend. |
TSX:CAPW (7/8/2025, 7:00:00 PM)
24.67
-0.12 (-0.48%)