MACKENZIE UNCONSTRAINED BOND (MUB.CA) Stock Technical Analysis
TSX:MUB - Toronto Stock Exchange - CA55454N1042 - ETF - Currency: CAD
We assign a technical rating of 5 out of 10 to MUB. MUB 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.
Although the technical rating is only medium, MUB does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 18.43. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.33, a Stop Loss order could be placed below this zone.
More info and screens
17.27
We found 2 important support areas.
- A support zone ranging from 17.86 to 18.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.44 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 18.43 to 18.75. 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 | NEUTRAL | NEUTRAL | The long term trend for MUB.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MUB.CA is up. |
| ChartMill Relative Strength | 27.45 | NEGATIVE | MUB.CA has a low relative strength, it was outperformed by 72.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MUB.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MUB.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MUB.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.21 | NEUTRAL | The RSI value for MUB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MUB.CA has a positive trend. |
| Stochastics (14,3) | 90.95 | OVERBOUGHT | The high Stochastics value suggests MUB.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.5 | LOW VOLATILITY | The low ATR as a percentage value for MUB.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 33.24 | POSITIVE | The high ADX value value for MUB.CA suggests a strong trend. |
TSX:MUB (8/7/2025, 7:00:00 PM)
18.37
+0.01 (+0.05%)