TSX:MCAD - CA74061K1066 - ETF
Overall MCAD gets a technical rating of 4 out of 10. MCAD has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
MCAD has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
99.00
When analyzing the support we notice one important area.
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 MCAD.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MCAD.CA is up. |
ChartMill Relative Strength | 25.42 | NEGATIVE | MCAD.CA has a low relative strength, it was outperformed by 74.58% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MCAD.CA is above a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MCAD.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MCAD.CA is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 62.5 | NEUTRAL | The RSI value for MCAD.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MCAD.CA has a positive trend. |
Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests MCAD.CA may be overbought. |
Average True Range in percent/ATR (20) | 0.02 | LOW VOLATILITY | The low ATR as a percentage value for MCAD.CA suggests low volalility. |
Average Directional Index/ADX (14) | 15.28 | NEGATIVE | The low ADX value for MCAD.CA suggests a weak or negative trend. |
TSX:MCAD (8/22/2025, 7:00:00 PM)
100.19
+0.03 (+0.03%)