MANULIFE SMART INTL DIVIDEND (IDIV-B.CA) Stock Technical Analysis
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.
Warning: IDIV-B has an average volume of 11186 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!
IDIV-B is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so IDIV-B is performing more or less in line with the market.
IDIV-B is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the performance of all stocks over the past year, IDIV-B turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
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.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
13.21
16.18
3 important support areas can be observed.
- Support @14.29 from a trend line in the weekly time frame.
- Support @13.96 from a horizontal line in the weekly time frame.
- A support zone ranging from 13.34 to 13.67. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 15.86 to 16.02. This zone is formed by a combination of multiple trend lines and important moving averages 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 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. |
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 |
|---|---|---|---|
| 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. |
- 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:IDIV-B (5/28/2025, 7:00:00 PM)
15.77
-0.19 (-1.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.19%
1 Week-1%
2 Weeks0.7%
1 Month3.41%
3 Month6.48%
6 Month17.69%
12 Month12.88%
2 Year33.87%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%1.28%
ATR Inc-18.65%
Range Today0.2
ADR(20)0.16
ADR(20)%1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.78
Mansfield0.82
10 Day High16.74
10 Day Low15.62
20 Day High16.74
20 Day Low15.14
52 Week High16.74
52 Week Low12.79
CS1 End14.29
CR1 Start15.86
Volume & EV
DER(3)5.41%
DER(5)3.01%
Volume32.45K
Volume Incr54.23%
Vol(5)18.43K
Vol(50)11.19K