PURPOSE STRATEGIC YIELD FUND (SYLD.CA) Technical Analysis
TSX:SYLD • CA74641N1096
Current stock price
SYLD.CA Technical Rating and Analysis
Overall SYLD gets a technical rating of 1 out of 10. SYLD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, SYLD is a bad performer in the overall market: 65% of all stocks are doing better.
- Warning: SYLD has an average volume of 13069 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- SYLD 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.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- In the last month SYLD has a been trading in a tight range between 19.51 and 19.84.
- Volume is considerably higher in the last couple of days.
SYLD.CA Weekly and Daily overview Charts
SYLD.CA Setup Rating and Analysis
SYLD has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 19.82. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.73, a Stop Loss order could be placed below this zone.
More info and screens
SYLD.CA Support and Resistance Analysis
17.99
4 important support areas can be observed.
- A support zone ranging from 19.57 to 19.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @19.17 from a horizontal line in the daily time frame.
- Support @18.56 from a horizontal line in the weekly time frame.
- Support @18.17 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 19.82 to 20.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
SYLD.CA Technical Indicator Signal Analysis
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 SYLD.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SYLD.CA is neutral. |
| ChartMill Relative Strength | 35.42 | NEUTRAL | SYLD.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SYLD.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SYLD.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SYLD.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.56 | NEUTRAL | The RSI value for SYLD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SYLD.CA has a positive trend. |
| Stochastics (14,3) | 82.18 | OVERBOUGHT | The high Stochastics value suggests SYLD.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.39 | LOW VOLATILITY | The low ATR as a percentage value for SYLD.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 28.8 | POSITIVE | The high ADX value value for SYLD.CA suggests a strong trend. |
SYLD.CA Chart- and CandleStick Pattern Analysis
SYLD.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:SYLD (4/9/2026, 7:00:00 PM)
19.8
+0.01 (+0.05%)
PURPOSE STRATEGIC YIELD FUND / SYLD.CA TA FAQ
What is the technical rating for SYLD stock?
ChartMill assigns a technical rating of 1 / 10 to SYLD.CA.
What is the trend direction for SYLD stock?
The current trend direction for PURPOSE STRATEGIC YIELD FUND (SYLD.CA) is Bearish.
What is the RSI signal for SYLD stock?
PURPOSE STRATEGIC YIELD FUND (SYLD.CA) has an RSI value of 53.564. This indicates that the stock is currently neutral.
What is the short term momentum for SYLD stock?
The short term momentum for PURPOSE STRATEGIC YIELD FUND (SYLD.CA) is neutral.
Can you provide the support and resistance levels for PURPOSE STRATEGIC YIELD FUND?
PURPOSE STRATEGIC YIELD FUND (SYLD.CA) has a support level at 19.73 and a resistance level at 19.82. Check the full technical report for our detailed analysis of SYLD.CA support and resistance levels.