GLOBAL X DEFENCE TECH ETF (SHLD.CA) Stock Technical Analysis
TSX:SHLD - Toronto Stock Exchange - CA3799561053 - ETF - Currency: CAD
Taking everything into account, SHLD scores 4 out of 10 in our technical rating. In the last year, SHLD was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
SHLD has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
21.95
We found 1 important support area.
- Support @22.17 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 24.22 to 24.31. 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 | UP | POSITIVE | The long term trend for SHLD.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SHLD.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | SHLD.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SHLD.CA is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 69.73 | NEUTRAL | The RSI value for SHLD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests SHLD.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 76.69 | NEUTRAL | The Stochastics value for SHLD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.59 | LOW VOLATILITY | The low ATR as a percentage value for SHLD.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 53.97 | POSITIVE | The high ADX value value for SHLD.CA suggests a strong trend. |
TSX:SHLD (7/24/2025, 7:00:00 PM)
24.16
+0.42 (+1.77%)