TSX:DIVS - Toronto Stock Exchange - CA30052A1012 - ETF - Currency: CAD
We assign a technical rating of 7 out of 10 to DIVS. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DIVS is only an average performer.
DIVS has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 16.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.50, a Stop Loss order could be placed below this zone.
14.96
3 important support areas can be observed.
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 | UP | POSITIVE | The long term trend for DIVS.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DIVS.CA is up. |
ChartMill Relative Strength | 47.11 | NEUTRAL | DIVS.CA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DIVS.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DIVS.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DIVS.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 52.91 | NEUTRAL | The RSI value for DIVS.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests DIVS.CA has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 99.98 | OVERBOUGHT | The high Stochastics value suggests DIVS.CA may be overbought. |
Average True Range in percent/ATR (20) | 9.96 | HIGH VOLATILITY | The high ATR as a percentage value for DIVS.CA suggests high volalility. |
Average Directional Index/ADX (14) | 15.24 | NEGATIVE | The low ADX value for DIVS.CA suggests a weak or negative trend. |
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 |
---|---|---|---|
16.62 | 16.30 | 0.32 (1.93%) | 25.00% |
An entry @16.62. This is a Buy Stop order right above the resistance zone. | An exit @16.30. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.32 points, which is 1.93%. | For a 0.48% total portfolio risk, you can invest 25.00% of your capital in this trade. |
TSX:DIVS (6/11/2025, 7:00:00 PM)
16.59
-0.01 (-0.06%)