TD Select Short Term CORP ET (TCSB.CA) Stock Technical Analysis
TSX:TCSB - Toronto Stock Exchange - CA87241D1078 - ETF - Currency: CAD
Taking everything into account, TCSB scores 4 out of 10 in our technical rating. In the last year, TCSB was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
Although the technical rating is only medium, TCSB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 14.80, a Stop Loss order could be placed below this zone.
More info and screens
14.17
We found 1 important support area.
- A support zone ranging from 14.31 to 14.80. 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 one important area.
- A resistance zone ranging from 14.80 to 14.90. This zone is formed by a combination of multiple trend lines and important moving averages 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 TCSB.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TCSB.CA is neutral. |
| ChartMill Relative Strength | 29.63 | NEGATIVE | TCSB.CA has a low relative strength, it was outperformed by 70.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TCSB.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TCSB.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TCSB.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.62 | NEUTRAL | The RSI value for TCSB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TCSB.CA has a negative trend. |
| Stochastics (14,3) | 37.04 | NEUTRAL | The Stochastics value for TCSB.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.18 | LOW VOLATILITY | The low ATR as a percentage value for TCSB.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 8 | NEGATIVE | The low ADX value for TCSB.CA suggests a weak or negative trend. |
TSX:TCSB (7/4/2025, 7:00:00 PM)
14.8
+0.01 (+0.07%)