TD GLOBAL TECHNOLOGY LEADERS (TEC.CA) Stock Technical Analysis
TSX:TEC - Toronto Stock Exchange - CA87241G1000 - ETF - Currency: CAD
We assign a technical rating of 9 out of 10 to TEC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TEC is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that TEC is one of the better performing stocks in the market, outperforming 76% of all stocks.
A new 52 week high is currently being made by TEC, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month TEC has a been trading in the 46.67 - 49.68 range, which is quite wide. It is currently trading near the high of this range.
Although TEC has an excellent technical rating, it does not present a decent entry opportunity 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
36.46
49.58
4 important support areas can be observed.
- A support zone ranging from 47.64 to 48.74. 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 44.20 to 44.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @38.46 from a trend line in the weekly time frame.
- A support zone ranging from 36.83 to 37.28. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 49.09 to 49.09. 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 TEC.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TEC.CA is up. |
| ChartMill Relative Strength | 76.38 | POSITIVE | TEC.CA has a high relative strength, it outperformed 76.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TEC.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TEC.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TEC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.4 | OVERBOUGHT | The high RSI value suggests TEC.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests TEC.CA has a positive trend. |
| Stochastics (14,3) | 83.42 | OVERBOUGHT | The high Stochastics value suggests TEC.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.92 | LOW VOLATILITY | The low ATR as a percentage value for TEC.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 34.42 | POSITIVE | The high ADX value value for TEC.CA suggests a strong 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:TEC (7/31/2025, 7:00:00 PM)
49.08
+0.16 (+0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.33%
1 Week2.27%
2 Weeks2.02%
1 Month4.43%
3 Month18.84%
6 Month3.79%
12 Month30.91%
2 Year66.43%
3 Year100.7%
5 Year121.71%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%0.92%
ATR Inc27.27%
Range Today0.75
ADR(20)0.41
ADR(20)%0.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.38
Mansfield0.47
10 Day High49.68
10 Day Low47.39
20 Day High49.68
20 Day Low46.67
52 Week High49.68
52 Week Low34.5
CS1 End48.74
CR1 Start49.09
Volume & EV
DER(3)-1.43%
DER(5)3.18%
Volume98.81K
Volume Incr18%
Vol(5)64.87K
Vol(50)51.80K