BROMPTON SPLIT CORP PREF (SPLT.CA) Stock Technical Analysis
TSX:SPLT - Toronto Stock Exchange - CA1119191064 - ETF - Currency: CAD
Taking everything into account, SPLT scores 5 out of 10 in our technical rating. SPLT 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.
SPLT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 11.16. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.10, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
10.30
3 important support areas can be observed.
- A support zone ranging from 11.00 to 11.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.65 to 10.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.40 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Strong resistance @11.16 from a horizontal line in the daily time frame.
- A resistance zone ranging from 11.35 to 11.37. 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 SPLT.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPLT.CA is up. |
| ChartMill Relative Strength | 35.01 | NEUTRAL | SPLT.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPLT.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPLT.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPLT.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.92 | NEUTRAL | The RSI value for SPLT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SPLT.CA has a positive trend. |
| Stochastics (14,3) | 91.67 | OVERBOUGHT | The high Stochastics value suggests SPLT.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.31 | LOW VOLATILITY | The low ATR as a percentage value for SPLT.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 11.68 | NEGATIVE | The low ADX value for SPLT.CA suggests a weak or negative trend. |
TSX:SPLT (7/28/2025, 7:00:00 PM)
11.13
0 (0%)