TSX:ET - Toronto Stock Exchange - CA30041N1078 - Common Stock - Currency: CAD
We assign a technical rating of 3 out of 10 to ET. ET was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
Although the technical rating is bad, ET does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 12.03, a Stop Loss order could be placed below this zone.
11.62
We found 1 important support 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 | 20.2 | NEGATIVE | ET.CA has a low relative strength, it was outperformed by 79.8% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ET.CA is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ET.CA is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ET.CA is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 47.6 | NEUTRAL | The RSI value for ET.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ET.CA has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 15.69 | OVERSOLD | The low Stochastics value suggests ET.CA may be oversold. |
Average True Range in percent/ATR (20) | 1.69 | LOW VOLATILITY | The low ATR as a percentage value for ET.CA suggests low volalility. |
Average Directional Index/ADX (14) | 14.49 | NEGATIVE | The low ADX value for ET.CA suggests a weak or negative trend. |
TSX:ET (8/15/2025, 7:00:00 PM)
12.04
0 (0%)