DYNAMIC ACTIVE ENERGY EVOLUT (DXET.CA) Stock Technical Analysis
TSX:DXET - Toronto Stock Exchange - CA26785P1009 - ETF - Currency: CAD
Overall DXET gets a technical rating of 6 out of 10. Although DXET is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, DXET is a bad performer in the overall market: 74% of all stocks are doing better.
Warning: DXET has an average volume of 365 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!
DXET is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month DXET has a been trading in the 15.46 - 18.10 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
DXET has an average technical rating and also the quality of the setup is only medium 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
15.25
19.44
We found 2 important support areas.
- A support zone ranging from 17.21 to 17.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.40 to 15.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 17.91 to 18.07. 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 18.56 to 18.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 19.10 to 19.25. 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 DXET.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DXET.CA is up. |
| ChartMill Relative Strength | 26.44 | NEGATIVE | DXET.CA has a low relative strength, it was outperformed by 73.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DXET.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DXET.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of DXET.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.69 | NEUTRAL | The RSI value for DXET.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests DXET.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 96.55 | OVERBOUGHT | The high Stochastics value suggests DXET.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.64 | LOW VOLATILITY | The low ATR as a percentage value for DXET.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 16.2 | NEGATIVE | The low ADX value for DXET.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 |
|---|---|---|---|
| 18.08 | 17.28 | 0.80 (4.42%) | 22.60% |
| An entry @18.08. This is a Buy Stop order right above the resistance zone. | An exit @17.28. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.80 points, which is 4.42%. | For a 1.00% total portfolio risk, you can invest 22.60% 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:DXET (6/2/2025, 7:00:00 PM)
17.85
-0.25 (-1.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.38%
1 Week0.22%
2 Weeks5.62%
1 Month3.84%
3 Month-6.59%
6 Month-3.67%
12 Month0.56%
2 Year3.42%
3 Year1.25%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%1.64%
ATR Inc-60.29%
Range Today0
ADR(20)0.07
ADR(20)%0.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.44
Mansfield-1.07
10 Day High18.1
10 Day Low17.29
20 Day High18.1
20 Day Low15.46
52 Week High19.25
52 Week Low0
CS1 End17.63
CR1 Start17.91
Volume & EV
DER(3)0%
DER(5)0%
Volume519
Volume Incr579.28%
Vol(5)1.54K
Vol(50)365.62