
Canada - Toronto Stock Exchange - TSX:MWLV - CA55453H1082 - ETF
Overall MWLV gets a technical rating of 5 out of 10. Although MWLV is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, MWLV does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 25.47, a Stop Loss order could be placed below this zone.
23.46
When analyzing the support we can see 3 important areas.
We can see 2 important resistance areas.
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 MWLV.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MWLV.CA is neutral. |
| ChartMill Relative Strength | 38.65 | NEUTRAL | MWLV.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MWLV.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MWLV.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MWLV.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.61 | NEUTRAL | The RSI value for MWLV.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests MWLV.CA has a negative trend. |
| Stochastics (14,3) | 15.78 | OVERSOLD | The low Stochastics value suggests MWLV.CA may be oversold. |
| Average True Range in percent/ATR (20) | 0.97 | LOW VOLATILITY | The low ATR as a percentage value for MWLV.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 12.1 | NEGATIVE | The low ADX value for MWLV.CA suggests a weak or negative trend. |
TSX:MWLV (12/5/2025, 7:00:00 PM)
25.53
-0.25 (-0.97%)
ChartMill assigns a technical rating of 5 / 10 to MWLV.CA.
The current trend direction for MACKENZIE GQE WORLD LOW VOLA (MWLV.CA) is Bullish.
MACKENZIE GQE WORLD LOW VOLA (MWLV.CA) has an RSI value of 43.6086. This indicates that the stock is currently neutral.
The MACD indicator for MACKENZIE GQE WORLD LOW VOLA (MWLV.CA) has a value of -0.0440867, indicating a bearish trend.