PURPOSE ENHANCED DIVIDEND FU (PDIV.CA) Stock Technical Analysis
TSX:PDIV - Toronto Stock Exchange - CA74640V1022 - ETF - Currency: CAD
Overall PDIV gets a technical rating of 4 out of 10. In the past year, PDIV was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
67% of all other stocks performed better in the past year than PDIV.
Warning: PDIV has an average volume of 21381 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
PDIV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PDIV is lagging the market.
In the last month PDIV has a been trading in a tight range between 9.07 and 9.24.
Although the technical rating is only medium, PDIV does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 9.16, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
8.87
9.80
We found 1 important support area.
- A support zone ranging from 8.96 to 9.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 9.19 to 9.22. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 9.41 to 9.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 9.68 to 9.70. 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 PDIV.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PDIV.CA is up. |
| ChartMill Relative Strength | 33.62 | NEUTRAL | PDIV.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PDIV.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PDIV.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PDIV.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.56 | NEUTRAL | The RSI value for PDIV.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PDIV.CA has a positive trend. |
| Stochastics (14,3) | 83.11 | OVERBOUGHT | The high Stochastics value suggests PDIV.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.44 | LOW VOLATILITY | The low ATR as a percentage value for PDIV.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 10.16 | NEGATIVE | The low ADX value for PDIV.CA suggests a weak or negative 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)
TSX:PDIV (7/4/2025, 7:00:00 PM)
9.18
-0.04 (-0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.43%
1 Week0.88%
2 Weeks0.44%
1 Month0.66%
3 Month5.28%
6 Month-1.61%
12 Month0%
2 Year-7.27%
3 Year-11.3%
5 Year-0.33%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%0.44%
ATR Inc15.7%
Range Today0.06
ADR(20)0.03
ADR(20)%0.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.62
Mansfield-0.91
10 Day High9.24
10 Day Low9.07
20 Day High9.24
20 Day Low9.07
52 Week High9.74
52 Week Low8.28
CS1 End9.16
CR1 Start9.19
Volume & EV
DER(3)0.06%
DER(5)0.68%
Volume4.83K
Volume Incr70.1%
Vol(5)23.11K
Vol(50)21.38K