DYNAMIC ST CREDIT PLUS FD (DXCP.CA) Stock Technical Analysis
TSX:DXCP - Toronto Stock Exchange - CA26800R1073 - ETF - Currency: CAD
Taking everything into account, DXCP scores 4 out of 10 in our technical rating. In the last year, DXCP was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, DXCP does present a nice setup opportunity. 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. There is a support zone below the current price at 20.04, a Stop Loss order could be placed below this zone.
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19.13
When analyzing the support we notice one important area.
- A support zone ranging from 19.32 to 20.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 20.07 to 20.21. 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 DXCP.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DXCP.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | DXCP.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DXCP.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of DXCP.CA is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 52.49 | NEUTRAL | The RSI value for DXCP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests DXCP.CA has a negative trend. |
| Stochastics (14,3) | 27.81 | NEUTRAL | The Stochastics value for DXCP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.31 | LOW VOLATILITY | The low ATR as a percentage value for DXCP.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 9.52 | NEGATIVE | The low ADX value for DXCP.CA suggests a weak or negative trend. |
TSX:DXCP (6/10/2025, 7:00:00 PM)
20.06
0 (0%)