MANULIFE SHORT TERM BOND ETF (TERM.CA) Stock Technical Analysis
TSX:TERM - Toronto Stock Exchange - CA56502Q1072 - ETF - Currency: CAD
We assign a technical rating of 0 out of 10 to TERM. TERM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
TERM has a bad 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 9.72. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.70, a Stop Loss order could be placed below this zone.
More info and screens
9.49
When analyzing the support we notice one important area.
- A support zone ranging from 9.59 to 9.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 9.72 to 9.79. 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 | NEUTRAL | NEUTRAL | The long term trend for TERM.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TERM.CA is down. |
| ChartMill Relative Strength | 30.88 | NEUTRAL | TERM.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TERM.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TERM.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TERM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.85 | NEUTRAL | The RSI value for TERM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TERM.CA has a negative trend. |
| Stochastics (14,3) | 19.94 | OVERSOLD | The low Stochastics value suggests TERM.CA may be oversold. |
| Average True Range in percent/ATR (20) | 0.2 | LOW VOLATILITY | The low ATR as a percentage value for TERM.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 22.15 | NEUTRAL | The ADX value for TERM.CA suggests a possible start of a new trend. |
TSX:TERM (7/16/2025, 7:00:00 PM)
9.705
+0.01 (+0.05%)