TSX:IDIV-B - Toronto Stock Exchange - CA56503T1003 - ETF - Currency: CAD
Taking everything into account, IDIV-B scores 8 out of 10 in our technical rating. Although IDIV-B is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, IDIV-B also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for IDIV-B in the last couple of days, which is a good sign.
13.21
3 important support areas can be observed.
We found 1 important resistance area.
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 IDIV-B.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IDIV-B.CA is up. |
ChartMill Relative Strength | 69.78 | NEUTRAL | IDIV-B.CA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IDIV-B.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IDIV-B.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IDIV-B.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 58.39 | NEUTRAL | The RSI value for IDIV-B.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests IDIV-B.CA has a negative trend. |
Stochastics (14,3) | 38.44 | NEUTRAL | The Stochastics value for IDIV-B.CA is a neutral value. |
Average True Range in percent/ATR (20) | 1.28 | LOW VOLATILITY | The low ATR as a percentage value for IDIV-B.CA suggests low volalility. |
Average Directional Index/ADX (14) | 38.96 | POSITIVE | The high ADX value value for IDIV-B.CA suggests a strong trend. |
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 |
---|---|---|---|
16.03 | 15.61 | 0.42 (2.62%) | 25.00% |
An entry @16.03. This is a Buy Stop order right above the resistance zone. | An exit @15.61. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.42 points, which is 2.62%. | For a 0.66% total portfolio risk, you can invest 25.00% of your capital in this trade. |
TSX:IDIV-B (5/28/2025, 7:00:00 PM)
15.77
-0.19 (-1.19%)