ISHARES US DIVIDEND GROWERS (CUD.CA) Stock Technical Analysis
TSX:CUD - Toronto Stock Exchange - CA46433G1046 - ETF - Currency: CAD
Overall CUD gets a technical rating of 4 out of 10. CUD 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.
CUD has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 53.44. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 53.12, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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48.90
4 important support areas can be observed.
- A support zone ranging from 52.29 to 53.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @51.43 from a trend line in the weekly time frame.
- A support zone ranging from 50.49 to 50.60. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @49.39 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 53.44 to 54.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong resistance @55.76 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 | NEUTRAL | NEUTRAL | The long term trend for CUD.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CUD.CA is up. |
| ChartMill Relative Strength | 35.58 | NEUTRAL | CUD.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CUD.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CUD.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CUD.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.63 | NEUTRAL | The RSI value for CUD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CUD.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.52 | NEUTRAL | The Stochastics value for CUD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.03 | LOW VOLATILITY | The low ATR as a percentage value for CUD.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 10.55 | NEGATIVE | The low ADX value for CUD.CA suggests a weak or negative trend. |
TSX:CUD (6/6/2025, 7:00:00 PM)
53.27
+0.4 (+0.76%)