DESJARDINS MARKET NEUTRAL ET (DANC.CA) Stock Technical Analysis
TSX:DANC - Toronto Stock Exchange - CA25058P1027 - ETF - Currency: CAD
Taking everything into account, DANC scores 4 out of 10 in our technical rating. In the past year, DANC was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Warning: DANC has an average volume of 1739 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the performance of all stocks over the past year, DANC turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
DANC is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month DANC has a been trading in a tight range between 22.35 and 22.56.
Although the technical rating is only medium, DANC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 22.51, 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.
More info and screens
21.93
22.98
When analyzing the support we notice one important area.
- A support zone ranging from 22.15 to 22.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 22.52 to 22.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.98
Mansfield0.28
10 Day High22.56
10 Day Low22.35
20 Day High22.56
20 Day Low22.35
52 Week High22.75
52 Week Low22.14
Performance
1 Week0.02%
2 Weeks0.22%
1 Month0.36%
3 Month-0.44%
6 Month0.02%
12 Month1.26%
2 Year4.65%
3 Year5.14%
5 Year6.13%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)52.53
LBB22.41
UBB22.55
TSX:DANC (4/29/2025, 7:00:00 PM)
22.51
-0.02 (-0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.09%
1 Week0.02%
2 Weeks0.22%
1 Month0.36%
3 Month-0.44%
6 Month0.02%
12 Month1.26%
2 Year4.65%
3 Year5.14%
5 Year6.13%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%0.15%
ATR Inc-22.22%
Range Today0
ADR(20)0.02
ADR(20)%0.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.98
Mansfield0.28
10 Day High22.56
10 Day Low22.35
20 Day High22.56
20 Day Low22.35
52 Week High22.75
52 Week Low22.14
CS1 End22.51
CR1 Start22.52
Volume & EV
DER(3)0.54%
DER(5)0.33%
Volume900
Volume Incr5.56%
Vol(5)2.10K
Vol(50)1.74K