BMO GLBL CONSUMER DISCRETION (DISC.CA) Stock Technical Analysis
TSX:DISC - Toronto Stock Exchange - CA05584F1099 - ETF - Currency: CAD
Taking everything into account, DISC scores 7 out of 10 in our technical rating. In the last year, DISC was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Warning: DISC has an average volume of 1433 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
DISC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DISC is lagging the market slightly.
When compared to the yearly performance of all other stocks, DISC outperforms 63% of them, which is more or less in line with the market.
In the last month DISC has a been trading in a tight range between 42.99 and 44.61.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, DISC also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
- 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
35.15
45.84
4 important support areas can be observed.
- A support zone ranging from 42.94 to 42.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @38.13 from a trend line in the weekly time frame.
- Support @36.12 from a horizontal line in the weekly time frame.
- Support @35.51 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 43.98 to 43.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 44.94 to 45.39. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for DISC.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DISC.CA is up. |
| ChartMill Relative Strength | 63.74 | NEUTRAL | DISC.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DISC.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DISC.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DISC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.06 | NEUTRAL | The RSI value for DISC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests DISC.CA has a negative trend. |
| Stochastics (14,3) | 55.56 | NEUTRAL | The Stochastics value for DISC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.66 | LOW VOLATILITY | The low ATR as a percentage value for DISC.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 17.47 | NEGATIVE | The low ADX value for DISC.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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 43.99 | 43.30 | 0.69 (1.57%) | 25.00% |
| An entry @43.99. This is a Buy Stop order right above the resistance zone. | An exit @43.30. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.69 points, which is 1.57%. | For a 0.39% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:DISC (7/16/2025, 7:00:00 PM)
43.82
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-1.2%
2 Weeks1.67%
1 Month1.25%
3 Month18.15%
6 Month1.01%
12 Month13.38%
2 Year26.17%
3 Year46.21%
5 Year69.29%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%0.66%
ATR Inc-66.97%
Range Today0
ADR(20)0.07
ADR(20)%0.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.74
Mansfield-0.17
10 Day High44.61
10 Day Low43.31
20 Day High44.61
20 Day Low42.99
52 Week High45.52
52 Week Low35.31
CS1 End42.98
CR1 Start43.98
Volume & EV
DER(3)0%
DER(5)0%
Volume114
Volume Incr-61.41%
Vol(5)876.4
Vol(50)1.43K