TSX:ET - CA30041N1078 - Common Stock
We assign a technical rating of 4 out of 10 to ET. In the last year, ET was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
ET has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 12.27. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.14, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
11.62
When analyzing the support we notice one important area.
2 important resistance areas can be observed.
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 ET.CA is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ET.CA is neutral. |
ChartMill Relative Strength | 36.83 | NEUTRAL | ET.CA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ET.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ET.CA is above a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ET.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 54.75 | NEUTRAL | The RSI value for ET.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ET.CA has a positive trend. |
Stochastics (14,3) | 34.01 | NEUTRAL | The Stochastics value for ET.CA is a neutral value. |
Average True Range in percent/ATR (20) | 1.45 | LOW VOLATILITY | The low ATR as a percentage value for ET.CA suggests low volalility. |
Average Directional Index/ADX (14) | 24.03 | NEUTRAL | The ADX value for ET.CA suggests a possible start of a new trend. |
TSX:ET (9/10/2025, 7:00:00 PM)
12.24
+0.21 (+1.75%)