
Canada - Toronto Stock Exchange - TSX:DANC - CA25058P1027 - ETF
We assign a technical rating of 0 out of 10 to DANC. DANC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, 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 22.20, a Stop Loss order could be placed below this zone.
21.93
When analyzing the support we notice one important area.
When analyzing the resistance we notice one important area.
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 | DOWN | NEGATIVE | The long term trend for DANC.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DANC.CA is down. |
| ChartMill Relative Strength | 25.13 | NEGATIVE | DANC.CA has a low relative strength, it was outperformed by 74.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DANC.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DANC.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DANC.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.97 | NEUTRAL | The RSI value for DANC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DANC.CA has a positive trend. |
| Stochastics (14,3) | 30.3 | NEUTRAL | The Stochastics value for DANC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.13 | LOW VOLATILITY | The low ATR as a percentage value for DANC.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 26.32 | POSITIVE | The high ADX value value for DANC.CA suggests a strong trend. |
TSX:DANC (11/21/2025, 7:00:00 PM)
22.2
+0.02 (+0.09%)
ChartMill assigns a technical rating of 0 / 10 to DANC.CA.
The current trend direction for DESJARDINS MARKET NEUTRAL ET (DANC.CA) is Bearish.
DESJARDINS MARKET NEUTRAL ET (DANC.CA) has an RSI value of 43.9727. This indicates that the stock is currently neutral.
The buy/sell signal for DESJARDINS MARKET NEUTRAL ET (DANC.CA) is sell as both the short term and long term trends are negative.
DESJARDINS MARKET NEUTRAL ET (DANC.CA) has a support level at 22.2 and a resistance level at 22.27. Check the full technical report for our detailed analysis of DANC.CA support and resistance levels.