ISHARES S&P/TSX CANADIAN DIV (CDZ.CA) Stock Technical Analysis
TSX:CDZ - Toronto Stock Exchange - CA46433F1062 - ETF - Currency: CAD
Taking everything into account, CDZ scores 8 out of 10 in our technical rating. Although CDZ is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: CDZ has an average volume of 17327 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
CDZ is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CDZ is leading the market.
When comparing the performance of all stocks over the past year, CDZ turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
In the last month CDZ has a been trading in a tight range between 35.87 and 37.14.
Although CDZ has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
33.03
37.84
When analyzing the support we can see 4 important areas.
- A support zone ranging from 36.58 to 36.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 35.50 to 35.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.04 from a trend line in the weekly time frame.
- Support @33.36 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 37.32 to 37.47. 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 CDZ.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CDZ.CA is up. |
| ChartMill Relative Strength | 68.09 | NEUTRAL | CDZ.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CDZ.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CDZ.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CDZ.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.92 | NEUTRAL | The RSI value for CDZ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CDZ.CA has a negative trend. |
| Stochastics (14,3) | 86.45 | OVERBOUGHT | The high Stochastics value suggests CDZ.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.62 | LOW VOLATILITY | The low ATR as a percentage value for CDZ.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 31.93 | POSITIVE | The high ADX value value for CDZ.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)
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 |
|---|---|---|---|
| 37.15 | 36.57 | 0.58 (1.56%) | 25.00% |
| An entry @37.15. This is a Buy Stop order right above the 10 day high. | An exit @36.57. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.58 points, which is 1.56%. | For a 0.39% 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.
TSX:CDZ (6/6/2025, 7:00:00 PM)
36.96
-0.03 (-0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.08%
1 Week0.08%
2 Weeks1.93%
1 Month2.84%
3 Month4.61%
6 Month-0.94%
12 Month18.05%
2 Year22.83%
3 Year15.11%
5 Year49.98%
10 Year32.39%
15 Year87.87%
Volatility
ATR(14)0.21
ATR(20)%0.62%
ATR Inc-24.62%
Range Today0.26
ADR(20)0.21
ADR(20)%0.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.09
Mansfield0.09
10 Day High37.14
10 Day Low36.37
20 Day High37.14
20 Day Low35.87
52 Week High37.58
52 Week Low30.64
CS1 End36.91
CR1 Start37.32
Volume & EV
DER(3)1.96%
DER(5)2.23%
Volume23.78K
Volume Incr30.25%
Vol(5)17.65K
Vol(50)17.33K