DESJARDINS MARKET NEUTRAL ET (DANC.CA) Stock Technical Analysis
TSX:DANC - Toronto Stock Exchange - CA25058P1027 - ETF - Currency: CAD
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.
When comparing the yearly performance of all stocks, DANC is a bad performer in the overall market: 67% of all stocks are doing better.
Warning: DANC has an average volume of 1589 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 22.46 and 22.59.
Considerably lower volume is observed in the last couple of days.
The technical rating of DANC is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
21.93
22.98
We found 1 important support area.
- A support zone ranging from 22.15 to 22.41. 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 22.50 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 | 33.03 | NEUTRAL | DANC.CA is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of DANC.CA is below a declining 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) | 39.21 | NEUTRAL | The RSI value for DANC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DANC.CA has a negative trend. |
| Stochastics (14,3) | 8.33 | OVERSOLD | The low Stochastics value suggests DANC.CA may be oversold. |
| Average True Range in percent/ATR (20) | 0.11 | LOW VOLATILITY | The low ATR as a percentage value for DANC.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 12.1 | 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 (6/11/2025, 7:00:00 PM)
22.47
-0.05 (-0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.22%
1 Week-0.4%
2 Weeks-0.27%
1 Month-0.27%
3 Month0.09%
6 Month-1.19%
12 Month0.94%
2 Year5.64%
3 Year5.1%
5 Year6.09%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.11%
ATR Inc20.69%
Range Today0
ADR(20)0.01
ADR(20)%0.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.03
Mansfield-0.47
10 Day High22.58
10 Day Low22.47
20 Day High22.59
20 Day Low22.46
52 Week High22.75
52 Week Low22.15
CS1 End22.41
CR1 Start22.5
Volume & EV
DER(3)0%
DER(5)0%
Volume305
Volume Incr-61.62%
Vol(5)521.2
Vol(50)1.59K