HAMILTON TECH YIELD MAXI ETF (QMAX.CA) Stock Technical Analysis
TSX:QMAX - Toronto Stock Exchange - CA4079151078 - ETF - Currency: CAD
Overall QMAX gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, QMAX is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
QMAX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month QMAX has a been trading in the 21.11 - 22.41 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, QMAX outperforms 68% of them, which is more or less in line with the market.
Although QMAX has an excellent technical rating, it 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.
More info and screens
19.95
22.58
We found 3 important support areas.
- A support zone ranging from 21.59 to 22.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 21.08 to 21.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.15 from a horizontal line in the daily time frame.
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 QMAX.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QMAX.CA is up. |
| ChartMill Relative Strength | 68.46 | NEUTRAL | QMAX.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QMAX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QMAX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QMAX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.21 | OVERBOUGHT | The high RSI value suggests QMAX.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests QMAX.CA has a positive trend. |
| Stochastics (14,3) | 93.03 | OVERBOUGHT | The high Stochastics value suggests QMAX.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.91 | LOW VOLATILITY | The low ATR as a percentage value for QMAX.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 20.2 | NEUTRAL | The ADX value for QMAX.CA suggests a possible start of a new 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:QMAX (7/30/2025, 7:00:00 PM)
22.36
+0.12 (+0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.54%
1 Week3.37%
2 Weeks2.85%
1 Month5.97%
3 Month18.24%
6 Month-0.29%
12 Month17.68%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%0.91%
ATR Inc-12.22%
Range Today0.14
ADR(20)0.17
ADR(20)%0.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.46
Mansfield-0.08
10 Day High22.41
10 Day Low21.48
20 Day High22.41
20 Day Low21.11
52 Week High22.99
52 Week Low15.25
CS1 End22.01
CR1 StartN/A
Volume & EV
DER(3)-0.35%
DER(5)0.99%
Volume40.70K
Volume Incr7.65%
Vol(5)39.69K
Vol(50)37.44K