HAMILTON UTILITIES YLD MAXI (UMAX.CA) Stock Technical Analysis
TSX:UMAX - Toronto Stock Exchange - CA4081251023 - ETF - Currency: CAD
Overall UMAX gets a technical rating of 0 out of 10. UMAX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
UMAX has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 13.65. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.57, a Stop Loss order could be placed below this zone.
More info and screens
13.08
2 important support areas can be observed.
- A support zone ranging from 13.49 to 13.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.21 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 13.65 to 14.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 15.17 to 15.27. 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 | DOWN | NEGATIVE | The long term trend for UMAX.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UMAX.CA is neutral. |
| ChartMill Relative Strength | 19.76 | NEGATIVE | UMAX.CA has a low relative strength, it was outperformed by 80.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of UMAX.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of UMAX.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UMAX.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.68 | NEUTRAL | The RSI value for UMAX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests UMAX.CA has a positive trend. |
| Stochastics (14,3) | 77.78 | NEUTRAL | The Stochastics value for UMAX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.66 | LOW VOLATILITY | The low ATR as a percentage value for UMAX.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 14.29 | NEGATIVE | The low ADX value for UMAX.CA suggests a weak or negative trend. |
TSX:UMAX (8/13/2025, 7:00:00 PM)
13.6
+0.07 (+0.52%)