TD Q US SMALL-MID CAP EQUITY (TQSM.CA) Stock Technical Analysis
TSX:TQSM - Toronto Stock Exchange - CA8723551021 - ETF - Currency: CAD
Overall TQSM gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TQSM is only an average performer.
Warning: TQSM has an average volume of 11854 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the performance of all stocks over the past year, TQSM turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
TQSM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TQSM is lagging the market.
In the last month TQSM has a been trading in a tight range between 23.47 and 24.64.
Besides having an excellent technical rating, TQSM also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 24.32, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
21.08
25.02
We found 4 important support areas.
- A support zone ranging from 23.72 to 24.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.84 from a horizontal line in the daily time frame.
- A support zone ranging from 21.79 to 21.81. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @21.29 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @24.77 from a horizontal line in the daily time frame.
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 TQSM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TQSM.CA is up. |
| ChartMill Relative Strength | 43.41 | NEUTRAL | TQSM.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TQSM.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TQSM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TQSM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.77 | NEUTRAL | The RSI value for TQSM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TQSM.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 77.78 | NEUTRAL | The Stochastics value for TQSM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.22 | LOW VOLATILITY | The low ATR as a percentage value for TQSM.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 33.3 | POSITIVE | The high ADX value value for TQSM.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)
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 |
|---|---|---|---|
| 24.78 | 23.76 | 1.02 (4.12%) | 24.29% |
| An entry @24.78. This is a Buy Stop order right above the resistance zone. | An exit @23.76. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.02 points, which is 4.12%. | When investing 24.29% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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:TQSM (7/25/2025, 7:00:00 PM)
24.54
+0.3 (+1.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.24%
1 Week0.99%
2 Weeks0.99%
1 Month3.76%
3 Month11.09%
6 Month-4.99%
12 Month3.07%
2 Year25.33%
3 Year43.26%
5 Year85.77%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%1.22%
ATR Inc10.8%
Range Today0.18
ADR(20)0.25
ADR(20)%1.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.41
Mansfield-0.72
10 Day High24.64
10 Day Low23.77
20 Day High24.64
20 Day Low23.47
52 Week High27.36
52 Week Low19.97
CS1 End24.32
CR1 Start24.77
Volume & EV
DER(3)-0.33%
DER(5)-0.89%
Volume23.65K
Volume Incr25.42%
Vol(5)12.95K
Vol(50)11.85K