BMO MSCI CANADA SEL EQU INDX (ESGA.CA) Stock Technical Analysis
TSX:ESGA - CA05587Y1051 - ETF
47.23 CAD
+0.52 (+1.11%)
We assign a technical rating of 10 out of 10 to ESGA. Both in the recent history as in the last year, ESGA has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: ESGA has an average volume of 1148 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!
Looking at the yearly performance, ESGA did better than 72% of all other stocks. We also observe that the gains produced by ESGA over the past year are nicely spread over this period.
ESGA is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ESGA has a been trading in a tight range between 44.70 and 47.27.
Although ESGA has an excellent technical rating, it does not offer a high quality setup 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
39.42
47.71
We found 3 important support areas.
- A support zone ranging from 46.25 to 46.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 44.82 to 45.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @39.82 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 47.24 to 47.24. 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 ESGA.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ESGA.CA is up. |
| ChartMill Relative Strength | 72.04 | POSITIVE | ESGA.CA has a high relative strength, it outperformed 72.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ESGA.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ESGA.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ESGA.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.2 | OVERBOUGHT | The high RSI value suggests ESGA.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ESGA.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 85.93 | OVERBOUGHT | The high Stochastics value suggests ESGA.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.72 | LOW VOLATILITY | The low ATR as a percentage value for ESGA.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 40.05 | POSITIVE | The high ADX value value for ESGA.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)
TSX:ESGA (8/22/2025, 7:00:00 PM)
47.23
+0.52 (+1.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.11%
1 Week1.53%
2 Weeks1.33%
1 Month4.17%
3 Month11.16%
6 Month14.64%
12 Month29.08%
2 Year47%
3 Year49.07%
5 Year62.32%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%0.72%
ATR Inc0.6%
Range Today0.45
ADR(20)0.18
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
CRS72.04
Mansfield0.46
10 Day High47.27
10 Day Low46.45
20 Day High47.27
20 Day Low44.7
52 Week High47.27
52 Week Low35.73
CS1 End46.7
CR1 Start47.24
Volume & EV
DER(3)2.66%
DER(5)1.59%
Volume2.51K
Volume Incr-33.87%
Vol(5)774.8
Vol(50)1.15K