TSX:DXEM - Toronto Stock Exchange - CA26785Q1081 - ETF - Currency: CAD
Overall DXEM gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DXEM is only an average performer.
Besides having an excellent technical rating, DXEM also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 14.31. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
11.70
When analyzing the support we can see 3 important areas.
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 DXEM.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DXEM.CA is up. |
ChartMill Relative Strength | 59.42 | NEUTRAL | DXEM.CA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DXEM.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DXEM.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DXEM.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 56.43 | NEUTRAL | The RSI value for DXEM.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests DXEM.CA has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 89.39 | OVERBOUGHT | The high Stochastics value suggests DXEM.CA may be overbought. |
Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for DXEM.CA suggests some volalility. |
Average Directional Index/ADX (14) | 17.83 | NEGATIVE | The low ADX value for DXEM.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 |
---|---|---|---|
14.51 | 14.14 | 0.37 (2.55%) | 25.00% |
An entry @14.51. This is a Buy Stop order right above the resistance zone. | An exit @14.14. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.37 points, which is 2.55%. | For a 0.64% total portfolio risk, you can invest 25.00% of your capital in this trade. |
TSX:DXEM (8/8/2025, 7:00:00 PM)
14.28
+0.12 (+0.85%)