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TD Q US SMALL-MID CAP EQUITY (TQSM.CA) Stock Technical Analysis

TSX:TQSM - Toronto Stock Exchange - CA8723551021 - ETF - Currency: CAD

24.24  -0.32 (-1.3%)

Technical Rating and Analysis

7

Taking everything into account, TQSM scores 7 out of 10 in our technical rating. TQSM has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

Warning: TQSM has an average volume of 11590 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 compared to the yearly performance of all other stocks, TQSM outperforms 40% of them, which is more or less in line with the market.
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 23.46 and 24.64.
Weekly and Daily overview Charts
TD Q US SMALL-MID CAP EQUITY / TQSM Weekly stock chart
TD Q US SMALL-MID CAP EQUITY / TQSM Daily stock chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, TQSM also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 24.20, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

21.08

25.02

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 23.71 to 24.20. 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.

We found 1 important resistance area.

  • Resistance @24.77 from a horizontal line in the daily time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for TQSM.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for TQSM.CA is up.
ChartMill Relative Strength40.05NEUTRALTQSM.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of TQSM.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of TQSM.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPMIXEDThe current price of TQSM.CA is below the rising SMA(200).
Relative Strength Index/RSI (14)54.08NEUTRALThe RSI value for TQSM.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.02NEGATIVEThe MACD value suggests TQSM.CA has a negative trend.
Stochastics (14,3)68.97NEUTRALThe Stochastics value for TQSM.CA is a neutral value.
Average True Range in percent/ATR (20)1.21LOW VOLATILITYThe low ATR as a percentage value for TQSM.CA suggests low volalility.
Average Directional Index/ADX (14)33.67POSITIVEThe high ADX value value for TQSM.CA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
24.3023.760.54 (2.23%)25.00%
An entry @24.30. This is a Buy Stop order right above the 10 day moving average.An exit @23.76. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.54 points, which is 2.23%.For a 0.56% 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.
TD Q US SMALL-MID CAP EQUITY / TQSM Daily stock chart

TD Q US SMALL-MID CAP EQUITY

TSX:TQSM (7/24/2025, 7:00:00 PM)

24.24

-0.32 (-1.3%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.3%
1 Week-1.1%
2 Weeks-1.02%
1 Month3.24%
3 Month9.73%
6 Month-6.16%
12 Month1.81%
2 Year23.8%
3 Year41.51%
5 Year83.5%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%1.21%
ATR Inc4.29%
Range Today0.19
ADR(20)0.25
ADR(20)%1.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.05
Mansfield-0.8
10 Day High24.64
10 Day Low23.77
20 Day High24.64
20 Day Low23.46
52 Week High27.36
52 Week Low19.97
CS1 End24.2
CR1 Start24.77
Volume & EV
DER(3)2.43%
DER(5)0.24%
Volume12.65K
Volume Incr-15.12%
Vol(5)9.16K
Vol(50)11.59K