DYNAMIC ACTIVE GLOBAL DIVIDE (DXG.CA) Stock Technical Analysis
TSX:DXG - Toronto Stock Exchange - CA26800B1022 - ETF - Currency: CAD
Taking everything into account, DXG scores 8 out of 10 in our technical rating. Although DXG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: DXG has an average volume of 10035 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!
DXG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so DXG is performing more or less in line with the market.
In the last month DXG has a been trading in the 63.72 - 68.34 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, DXG outperforms 61% of them, which is more or less in line with the market.
Considerably lower volume is observed in the last couple of days.
Although DXG has an excellent technical rating, it does not present a decent entry opportunity 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
56.43
72.77
When analyzing the support we can see 2 important areas.
- A support zone ranging from 64.76 to 66.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 57.00 to 57.02. This zone is formed by a combination of multiple trend lines in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @68.28 from a trend line in the daily time frame.
- Resistance @70.26 from a horizontal line in the daily time frame.
- A resistance zone ranging from 71.67 to 72.05. 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 DXG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DXG.CA is up. |
| ChartMill Relative Strength | 61.8 | NEUTRAL | DXG.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DXG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DXG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DXG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.89 | OVERBOUGHT | The high RSI value suggests DXG.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests DXG.CA has a positive trend. |
| Stochastics (14,3) | 94.34 | OVERBOUGHT | The high Stochastics value suggests DXG.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.11 | LOW VOLATILITY | The low ATR as a percentage value for DXG.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 15.93 | NEGATIVE | The low ADX value for DXG.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:DXG (6/6/2025, 7:00:00 PM)
68.27
+0.74 (+1.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.1%
1 Week2.48%
2 Weeks5.27%
1 Month6.49%
3 Month5.31%
6 Month-2.83%
12 Month11.28%
2 Year50.87%
3 Year62.35%
5 Year68.9%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.75
ATR(20)%1.11%
ATR Inc-13.31%
Range Today0.28
ADR(20)0.61
ADR(20)%0.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.8
Mansfield0.13
10 Day High68.34
10 Day Low65.49
20 Day High68.34
20 Day Low63.72
52 Week High72.08
52 Week Low53.61
CS1 End66.99
CR1 Start68.28
Volume & EV
DER(3)-1.09%
DER(5)-0.65%
Volume3.39K
Volume Incr-42.01%
Vol(5)4.17K
Vol(50)10.04K