TD Q CANADIAN DIVIDEND ETF (TQCD.CA) Stock Technical Analysis
TSX:TQCD - Toronto Stock Exchange - CA87241H1082 - ETF - Currency: CAD
We assign a technical rating of 10 out of 10 to TQCD. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TQCD is showing a nice and steady performance.
TQCD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 21.92. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.81, a Stop Loss order could be placed below this zone.
More info and screens
18.47
We found 3 important support areas.
- A support zone ranging from 21.16 to 21.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.15 to 19.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.66 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 21.92 to 21.93. 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 TQCD.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TQCD.CA is up. |
| ChartMill Relative Strength | 70.68 | POSITIVE | TQCD.CA has a high relative strength, it outperformed 70.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TQCD.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TQCD.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TQCD.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.55 | NEUTRAL | The RSI value for TQCD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TQCD.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 80.27 | OVERBOUGHT | The high Stochastics value suggests TQCD.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.6 | LOW VOLATILITY | The low ATR as a percentage value for TQCD.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 41.84 | POSITIVE | The high ADX value value for TQCD.CA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 21.94 | 21.68 | 0.26 (1.19%) | 25.00% |
| An entry @21.94. This is a Buy Stop order right above the resistance zone. | An exit @21.68. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.26 points, which is 1.19%. | For a 0.30% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:TQCD (7/17/2025, 7:00:00 PM)
21.91
+0.08 (+0.37%)