GLOBAL X S&P/TSX 60 IDX ETF (CNDX.CA) Stock Technical Analysis
Canada - TSX:CNDX - CA37961W1086 - ETF
Taking everything into account, CNDX scores 5 out of 10 in our technical rating. In the last year, CNDX was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
CNDX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 33.02, a Stop Loss order could be placed below this zone.
More info and screens
27.63
2 important support areas can be observed.
- A support zone ranging from 32.59 to 33.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.91 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 33.30 to 33.71. 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 | 60.89 | NEUTRAL | CNDX.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CNDX.CA is below a declining 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) | 47.09 | NEUTRAL | The RSI value for CNDX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests CNDX.CA has a negative trend. |
| Stochastics (14,3) | 21.93 | NEUTRAL | The Stochastics value for CNDX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.05 | LOW VOLATILITY | The low ATR as a percentage value for CNDX.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 20.11 | NEUTRAL | The ADX value for CNDX.CA suggests a possible start of a new trend. |
TSX:CNDX (11/6/2025, 7:00:00 PM)
33.03
-0.26 (-0.78%)
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 5 / 10 to CNDX.CA.
What is the current trend direction of GLOBAL X S&P/TSX 60 IDX ETF (CNDX.CA) stock?
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 47.0902. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GLOBAL X S&P/TSX 60 IDX ETF?
The short term momentum for GLOBAL X S&P/TSX 60 IDX ETF (CNDX.CA) is neutral.