HAMILTON UTILITIES YLD MAXI (UMAX.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:UMAX - CA4081251023 - ETF
Overall UMAX gets a technical rating of 0 out of 10. UMAX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 85% of all other stocks performed better in the past year than UMAX.
- UMAX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month UMAX has a been trading in a tight range between 12.95 and 13.35.
UMAX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 13.22. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.15, a Stop Loss order could be placed below this zone.
More info and screens
12.80
When analyzing the support we notice one important area.
- A support zone ranging from 12.93 to 13.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 13.22 to 13.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.65 to 13.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.13 from a horizontal line in the weekly 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 | 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 | 15.64 | NEGATIVE | UMAX.CA has a low relative strength, it was outperformed by 84.36% 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 | NEGATIVE | The current price of UMAX.CA is below 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) | 49.57 | 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) | 41.67 | NEUTRAL | The Stochastics value for UMAX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.87 | LOW VOLATILITY | The low ATR as a percentage value for UMAX.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 34.37 | POSITIVE | The high ADX value value for UMAX.CA suggests a strong trend. |
TSX:UMAX (1/15/2026, 7:00:00 PM)
13.18
+0.05 (+0.38%)
HAMILTON UTILITIES YLD MAXI / UMAX.CA FAQ
What is the technical rating for UMAX stock?
ChartMill assigns a technical rating of 0 / 10 to UMAX.CA.
What is the current trend direction of HAMILTON UTILITIES YLD MAXI (UMAX.CA) stock?
The current trend direction for HAMILTON UTILITIES YLD MAXI (UMAX.CA) is Bearish.
What is the RSI signal for UMAX stock?
HAMILTON UTILITIES YLD MAXI (UMAX.CA) has an RSI value of 49.5661. This indicates that the stock is currently neutral.
What is the short term momentum for HAMILTON UTILITIES YLD MAXI (UMAX.CA) stock?
The short term momentum for HAMILTON UTILITIES YLD MAXI (UMAX.CA) is neutral.