EXTENDICARE INC (EXE-DB-C.CA) Stock Technical Analysis
TSX:EXE-DB-C - Toronto Stock Exchange - CA30224TAD50 - Currency: CAD
We assign a technical rating of 6 out of 10 to EXE-DB-C. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, EXE-DB-C is only an average performer.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When compared to the yearly performance of all other stocks, EXE-DB-C outperforms 45% of them, which is more or less in line with the market.
EXE-DB-C is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EXE-DB-C is lagging the market slightly.
In the last month EXE-DB-C has a been trading in a tight range between 99.85 and 100.29.
Volume is considerably higher in the last couple of days.
EXE-DB-C has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
89.60
103.53
4 important support areas can be observed.
- A support zone ranging from 98.26 to 99.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @96.18 from a trend line in the weekly time frame.
- Strong support @93.00 from a horizontal line in the weekly time frame.
- A support zone ranging from 90.51 to 90.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 99.91 to 100.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 102.50 to 102.50. 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 EXE-DB-C.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EXE-DB-C.CA is neutral. |
| ChartMill Relative Strength | 45.26 | NEUTRAL | EXE-DB-C.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EXE-DB-C.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EXE-DB-C.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EXE-DB-C.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.02 | NEUTRAL | The RSI value for EXE-DB-C.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EXE-DB-C.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.15 | OVERSOLD | The low Stochastics value suggests EXE-DB-C.CA may be oversold. |
| Average True Range in percent/ATR (20) | 0.12 | LOW VOLATILITY | The low ATR as a percentage value for EXE-DB-C.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 51.02 | POSITIVE | The high ADX value value for EXE-DB-C.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 |
|---|---|---|---|
| 100.01 | 99.84 | 0.17 (0.17%) | 25.00% |
| An entry @100.01. This is a Buy Stop order right above the resistance zone. | An exit @99.84. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.17 points, which is 0.17%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.04%. |
- The distance between exit and entry is rather small compared to the average daily movement of EXE-DB-C. Please evaluate whether better entry and exit points can be found.
- 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:EXE-DB-C (12/12/2024, 7:00:00 PM)
99.9
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-0.01%
2 Weeks0.03%
1 Month0.1%
3 Month0.28%
6 Month1.42%
12 Month3.58%
2 Year5.71%
3 Year-0.1%
5 Year-3.38%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%0.12%
ATR Inc23.03%
Range Today0.24
ADR(20)0.07
ADR(20)%0.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.26
Mansfield-1.17
10 Day High100.09
10 Day Low99.85
20 Day High100.29
20 Day Low99.85
52 Week High102.5
52 Week Low96.26
CS1 End99.64
CR1 Start99.91
Volume & EV
DER(3)0%
DER(5)0%
Volume104.00K
Volume Incr1290.38%
Vol(5)867.60K
Vol(50)150.50K