DYNAMIC ACTV DISCOUNT BD ETF (DXDB.CA) Stock Technical Analysis
TSX:DXDB - Toronto Stock Exchange - CA26785J1049 - ETF - Currency: CAD
We assign a technical rating of 6 out of 10 to DXDB. Although DXDB is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
71% of all other stocks performed better in the past year than DXDB.
Warning: DXDB has an average volume of 3873 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
DXDB 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 DXDB is lagging the market slightly.
In the last month DXDB has a been trading in a tight range between 21.27 and 21.54.
Volume is considerably higher in the last couple of days.
DXDB has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
20.12
21.84
When analyzing the support we can see 2 important areas.
- A support zone ranging from 21.07 to 21.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.32 to 20.49. 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 21.55 to 21.62. 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 DXDB.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DXDB.CA is up. |
| ChartMill Relative Strength | 29.93 | NEGATIVE | DXDB.CA has a low relative strength, it was outperformed by 70.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DXDB.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DXDB.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DXDB.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.31 | NEUTRAL | The RSI value for DXDB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests DXDB.CA has a positive trend. |
| Stochastics (14,3) | 86.11 | OVERBOUGHT | The high Stochastics value suggests DXDB.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.23 | LOW VOLATILITY | The low ATR as a percentage value for DXDB.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 12.25 | NEGATIVE | The low ADX value for DXDB.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:DXDB (8/8/2025, 7:00:00 PM)
21.54
+0.07 (+0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.33%
1 Week0.51%
2 Weeks0.8%
1 Month0.56%
3 Month0.51%
6 Month0.33%
12 Month2.13%
2 Year7.86%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%0.23%
ATR Inc33.33%
Range Today0.02
ADR(20)0.03
ADR(20)%0.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.93
Mansfield-0.75
10 Day High21.54
10 Day Low21.32
20 Day High21.54
20 Day Low21.27
52 Week High21.72
52 Week Low21.04
CS1 End21.54
CR1 Start21.55
Volume & EV
DER(3)1.46%
DER(5)0.88%
Volume8.64K
Volume Incr77.99%
Vol(5)5.44K
Vol(50)3.87K