CI Active Canadian Dividend ETF (FDV.CA) Technical Analysis
TSX:FDV
Current stock price
FDV.CA Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to FDV. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FDV is showing a nice and steady performance.
- Warning: FDV has an average volume of 1449 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, FDV did better than 78% of all other stocks. We also observe that the gains produced by FDV over the past year are nicely spread over this period.
- FDV is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month FDV has a been trading in the 0.00 - 12.01 range, which is quite wide. It is currently trading near the high of this range.
FDV.CA Weekly and Daily overview Charts
FDV.CA Setup Rating and Analysis
Although FDV has an excellent technical rating, the quality of the presented setup is not ideal 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
FDV.CA Support and Resistance Analysis
11.19
When analyzing the support we notice one important area.
- A support zone ranging from 11.30 to 11.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 12.12 to 12.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
FDV.CA Technical Indicator Signal Analysis
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 FDV.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FDV.CA is up. |
| ChartMill Relative Strength | 78.98 | POSITIVE | FDV.CA has a high relative strength, it outperformed 78.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FDV.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FDV.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FDV.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.82 | NEUTRAL | The RSI value for FDV.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests FDV.CA has a positive trend. |
| Stochastics (14,3) | 98.75 | OVERBOUGHT | The high Stochastics value suggests FDV.CA may be overbought. |
| Average True Range in percent/ATR (20) | 10.75 | HIGH VOLATILITY | The high ATR as a percentage value for FDV.CA suggests high volalility. |
FDV.CA Chart- and CandleStick Pattern Analysis
FDV.CA Technicals: Chart, Performance Metrics, Trend & Indicators
CI Active Canadian Dividend ETF
TSX:FDV (4/8/2022, 7:00:00 PM)
11.76
-0.14 (-1.18%)
CI Active Canadian Dividend ETF / FDV.CA TA FAQ
What is the technical rating for FDV stock?
ChartMill assigns a technical rating of 8 / 10 to FDV.CA.
Can you provide the trend direction for CI Active Canadian Dividend ETF?
The current trend direction for CI Active Canadian Dividend ETF (FDV.CA) is Bullish.
Can you provide the RSI signal for CI Active Canadian Dividend ETF?
CI Active Canadian Dividend ETF (FDV.CA) has an RSI value of 51.8232. This indicates that the stock is currently neutral.
What is the buy/sell signal for CI Active Canadian Dividend ETF (FDV.CA) stock?
The buy/sell signal for CI Active Canadian Dividend ETF (FDV.CA) is buy as both the short term and long term trends are positive.
What is the support and resistance level for FDV stock?
CI Active Canadian Dividend ETF (FDV.CA) has a support level at 11.49 and a resistance level at 12.12. Check the full technical report for our detailed analysis of FDV.CA support and resistance levels.