DESJARDINS MARKET NEUTRAL ET (DANC.CA) Stock Technical Analysis
TSX:DANC - Toronto Stock Exchange - CA25058P1027 - ETF - Currency: CAD
We assign a technical rating of 1 out of 10 to DANC. DANC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
74% of all other stocks performed better in the past year than DANC.
Warning: DANC has an average volume of 1118 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
DANC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DANC is lagging the market.
In the last month DANC has a been trading in a tight range between 22.43 and 22.55.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, DANC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 22.42, a Stop Loss order could be placed below this zone.
More info and screens
21.93
22.98
We found 1 important support area.
- A support zone ranging from 22.15 to 22.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.48 to 22.75. 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 | NEUTRAL | NEUTRAL | The long term trend for DANC.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DANC.CA is down. |
| ChartMill Relative Strength | 26.19 | NEGATIVE | DANC.CA has a low relative strength, it was outperformed by 73.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DANC.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of DANC.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of DANC.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.43 | NEUTRAL | The RSI value for DANC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests DANC.CA has a negative trend. |
| Stochastics (14,3) | 16.67 | OVERSOLD | The low Stochastics value suggests DANC.CA may be oversold. |
| Average True Range in percent/ATR (20) | 0.15 | LOW VOLATILITY | The low ATR as a percentage value for DANC.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 11.33 | NEGATIVE | The low ADX value for DANC.CA suggests a weak or negative trend. |
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)
TSX:DANC (7/24/2025, 7:00:00 PM)
22.46
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-0.13%
2 Weeks-0.13%
1 Month-0.27%
3 Month0%
6 Month-0.88%
12 Month0.81%
2 Year5.05%
3 Year5.35%
5 Year6.14%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%0.15%
ATR Inc-17.65%
Range Today0.03
ADR(20)0.01
ADR(20)%0.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.19
Mansfield-0.91
10 Day High22.53
10 Day Low22.43
20 Day High22.55
20 Day Low22.43
52 Week High22.75
52 Week Low22.2
CS1 End22.42
CR1 Start22.48
Volume & EV
DER(3)0%
DER(5)0%
Volume900
Volume Incr-51.55%
Vol(5)536
Vol(50)1.12K