GLOBAL X COPPER PRODUCER IND (COPP.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:COPP - CA37962M1095 - ETF
Taking everything into account, COPP scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, COPP is showing a nice and steady performance.
- Warning: COPP has an average volume of 14957 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.
- Looking at the yearly performance, COPP did better than 80% of all other stocks. On top of that, COPP also shows a nice and consistent pattern of rising prices.
- A new 52 week high is currently being made by COPP, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month COPP has a been trading in the 50.06 - 59.96 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
Although COPP has an excellent technical rating, it does not present a decent entry opportunity 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
43.10
6 important support areas can be observed.
- A support zone ranging from 59.44 to 59.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 51.54 to 52.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @48.97 from a trend line in the weekly time frame.
- Support @47.51 from a trend line in the daily time frame.
- Support @44.78 from a trend line in the daily time frame.
- Support @43.54 from a trend line in the weekly 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 COPP.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for COPP.CA is up. |
| ChartMill Relative Strength | 80.69 | POSITIVE | COPP.CA has a high relative strength, it outperformed 80.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of COPP.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of COPP.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of COPP.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.98 | OVERBOUGHT | The high RSI value suggests COPP.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests COPP.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.63 | OVERBOUGHT | The high Stochastics value suggests COPP.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for COPP.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 38.06 | POSITIVE | The high ADX value value for COPP.CA suggests a strong trend. |
TSX:COPP (1/21/2026, 7:00:00 PM)
60.47
+0.76 (+1.27%)
GLOBAL X COPPER PRODUCER IND / COPP.CA FAQ
Can you provide the ChartMill technical rating for GLOBAL X COPPER PRODUCER IND?
ChartMill assigns a technical rating of 10 / 10 to COPP.CA.
What is the trend direction for COPP stock?
The current trend direction for GLOBAL X COPPER PRODUCER IND (COPP.CA) is Bullish.
Can you provide the RSI signal for GLOBAL X COPPER PRODUCER IND?
GLOBAL X COPPER PRODUCER IND (COPP.CA) has an RSI value of 70.9791. This indicates that the stock is currently overbought.
What is the MACD signal for GLOBAL X COPPER PRODUCER IND (COPP.CA) stock?
The MACD indicator for GLOBAL X COPPER PRODUCER IND (COPP.CA) has a value of 0.179318, indicating a bearish trend.
Can you provide the buy/sell signal for GLOBAL X COPPER PRODUCER IND?
The buy/sell signal for GLOBAL X COPPER PRODUCER IND (COPP.CA) is buy as both the short term and long term trends are positive.