GLOBAL X S&P/TSX 60 IDX ETF (CNDX.CA) Technical Analysis
TSX:CNDX • CA37961W1086
Overall CNDX gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CNDX is only an average performer.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- CNDX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- When compared to the yearly performance of all other stocks, CNDX outperforms 60% of them, which is more or less in line with the market.
- In the last month CNDX has a been trading in a tight range between 35.31 and 37.29.
- Volume is considerably higher in the last couple of days.
CNDX 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.
More info and screens
28.52
We found 3 important support areas.
- A support zone ranging from 35.64 to 35.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 34.74 to 34.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.81 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 36.45 to 37.30. This zone is formed by a combination of multiple trend lines and important moving averages 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 CNDX.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CNDX.CA is neutral. |
| ChartMill Relative Strength | 60.84 | NEUTRAL | CNDX.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CNDX.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CNDX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CNDX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.53 | NEUTRAL | The RSI value for CNDX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests CNDX.CA has a negative trend. |
| Stochastics (14,3) | 35.8 | NEUTRAL | The Stochastics value for CNDX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.38 | LOW VOLATILITY | The low ATR as a percentage value for CNDX.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 22.79 | NEUTRAL | The ADX value for CNDX.CA suggests a possible start of a new trend. |
CNDX.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:CNDX (3/10/2026, 7:00:00 PM)
36.14
+0.04 (+0.11%)
GLOBAL X S&P/TSX 60 IDX ETF / CNDX.CA FAQ
What is the technical rating for CNDX stock?
ChartMill assigns a technical rating of 6 / 10 to CNDX.CA.
Can you provide the trend direction for GLOBAL X S&P/TSX 60 IDX ETF?
The current trend direction for GLOBAL X S&P/TSX 60 IDX ETF (CNDX.CA) is Bullish.
Can you provide the RSI signal for GLOBAL X S&P/TSX 60 IDX ETF?
GLOBAL X S&P/TSX 60 IDX ETF (CNDX.CA) has an RSI value of 48.5252. This indicates that the stock is currently neutral.
What is the short term momentum for GLOBAL X S&P/TSX 60 IDX ETF (CNDX.CA) stock?
The short term momentum for GLOBAL X S&P/TSX 60 IDX ETF (CNDX.CA) is neutral.
Can you provide the support and resistance levels for GLOBAL X S&P/TSX 60 IDX ETF?
GLOBAL X S&P/TSX 60 IDX ETF (CNDX.CA) has a support level at 35.92 and a resistance level at 36.45. Check the full technical report for our detailed analysis of CNDX.CA support and resistance levels.