DYNAMIC ACTV EN YLD OPT ETF (DXQ.CA) Stock Technical Analysis
Canada - TSX:DXQ - CA26786L1085 - ETF
27.71 CAD
+0.18 (+0.65%)
We assign a technical rating of 7 out of 10 to DXQ. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DXQ is only an average performer.
Warning: DXQ has an average volume of 18230 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!
DXQ 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.
When compared to the yearly performance of all other stocks, DXQ outperforms 43% of them, which is more or less in line with the market.
In the last month DXQ has a been trading in a tight range between 27.02 and 27.89.
Volume is considerably higher in the last couple of days.
DXQ has an excellent technical rating, but 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
22.72
28.10
We found 2 important support areas.
- A support zone ranging from 26.28 to 27.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.95 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 27.72 to 27.82. 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 DXQ.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DXQ.CA is up. |
| ChartMill Relative Strength | 43.59 | NEUTRAL | DXQ.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DXQ.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DXQ.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DXQ.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.43 | NEUTRAL | The RSI value for DXQ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DXQ.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.55 | NEUTRAL | The Stochastics value for DXQ.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.65 | LOW VOLATILITY | The low ATR as a percentage value for DXQ.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 29.14 | POSITIVE | The high ADX value value for DXQ.CA suggests a strong 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 |
|---|---|---|---|
| 27.83 | 27.24 | 0.59 (2.12%) | 25.00% |
| An entry @27.83. This is a Buy Stop order right above the resistance zone. | An exit @27.24. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.59 points, which is 2.12%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.53%. |
- 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:DXQ (10/14/2025, 7:00:00 PM)
27.71
+0.18 (+0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.65%
1 Week0.25%
2 Weeks1.58%
1 Month2.29%
3 Month3.86%
6 Month18.77%
12 Month9.14%
2 Year25.78%
3 Year36.44%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%0.65%
ATR Inc68%
Range Today0.26
ADR(20)0.17
ADR(20)%0.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.59
Mansfield-0.32
10 Day High27.89
10 Day Low27.25
20 Day High27.89
20 Day Low27.02
52 Week High27.89
52 Week Low21.67
CS1 End27.63
CR1 Start27.72
Volume & EV
DER(3)-1.9%
DER(5)-2.27%
Volume279.22K
Volume Incr245.97%
Vol(5)65.83K
Vol(50)18.23K