DYNAMIC ACT GLB EQU INC ETF (DXGE.CA) Stock Technical Analysis
TSX:DXGE - Toronto Stock Exchange - CA26786M1068 - ETF - Currency: CAD
We assign a technical rating of 7 out of 10 to DXGE. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DXGE is only an average performer.
Warning: DXGE has an average volume of 2471 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.
DXGE is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so DXGE is leading the market.
In the last month DXGE has a been trading in the 23.50 - 25.53 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, DXGE outperforms 52% of them, which is more or less in line with the market.
Considerably lower volume is observed in the last couple of days.
Although DXGE has an excellent technical rating, the quality of the presented setup is 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
22.47
26.54
When analyzing the support we can see 3 important areas.
- A support zone ranging from 24.53 to 25.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.50 to 23.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.70 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 26.28 to 26.28. 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 DXGE.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DXGE.CA is up. |
| ChartMill Relative Strength | 52.22 | NEUTRAL | DXGE.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DXGE.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DXGE.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DXGE.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.02 | NEUTRAL | The RSI value for DXGE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests DXGE.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.49 | NEUTRAL | The Stochastics value for DXGE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.04 | LOW VOLATILITY | The low ATR as a percentage value for DXGE.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 6.64 | NEGATIVE | The low ADX value for DXGE.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 |
|---|---|---|---|
| 25.47 | 25.15 | 0.32 (1.26%) | 25.00% |
| An entry @25.47. This is a Buy Stop order right above the 10 day high. | An exit @25.15. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.32 points, which is 1.26%. | For a 0.31% total portfolio risk, you can invest 25.00% 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:DXGE (6/6/2025, 7:00:00 PM)
25.45
+0.2 (+0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.79%
1 Week0.51%
2 Weeks-0.31%
1 Month10.65%
3 Month-2.23%
6 Month4.56%
12 Month12.26%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%1.04%
ATR Inc-40.95%
Range Today0.02
ADR(20)0.03
ADR(20)%0.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.22
Mansfield-0.14
10 Day High25.46
10 Day Low25.16
20 Day High25.53
20 Day Low23.5
52 Week High26.74
52 Week Low0
CS1 End25.3
CR1 Start26.28
Volume & EV
DER(3)0%
DER(5)0%
Volume2.10K
Volume Incr-46.78%
Vol(5)1.52K
Vol(50)2.47K