TSX:EARN - Toronto Stock Exchange - CA30053B1085 - ETF - Currency: CAD
We assign a technical rating of 6 out of 10 to EARN. Although EARN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
EARN 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.
44.72
When analyzing the support we can see 4 important areas.
We can see 2 important resistance areas.
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 EARN.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EARN.CA is up. |
ChartMill Relative Strength | 41.77 | NEUTRAL | EARN.CA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EARN.CA is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of EARN.CA is below the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of EARN.CA is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 50.45 | NEUTRAL | The RSI value for EARN.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests EARN.CA has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 61.99 | NEUTRAL | The Stochastics value for EARN.CA is a neutral value. |
Average True Range in percent/ATR (20) | 0.24 | LOW VOLATILITY | The low ATR as a percentage value for EARN.CA suggests low volalility. |
Average Directional Index/ADX (14) | 3.07 | NEGATIVE | The low ADX value for EARN.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 |
---|---|---|---|
48.85 | 48.40 | 0.45 (0.92%) | 25.00% |
An entry @48.85. This is a Buy Stop order right above the 10 day high. | An exit @48.40. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.45 points, which is 0.92%. | For a 0.23% total portfolio risk, you can invest 25.00% of your capital in this trade. |
TSX:EARN (6/6/2025, 7:00:00 PM)
48.72
-0.12 (-0.25%)