GLOBAL X S&P 500 INDEX ETF (USSX-U.CA) Stock Technical Analysis
TSX:USSX-U - Toronto Stock Exchange - CA37962A1057 - ETF - Currency: USD
Overall USSX-U 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, USSX-U is only an average performer.
Warning: USSX-U has an average volume of 7520 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
USSX-U is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so USSX-U is leading the market.
When compared to the yearly performance of all other stocks, USSX-U outperforms 60% of them, which is more or less in line with the market.
In the last month USSX-U has a been trading in a tight range between 23.42 and 24.32.
Considerably lower volume is observed in the last couple of days.
Although USSX-U has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
21.88
24.53
We found 2 important support areas.
- A support zone ranging from 22.69 to 23.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.10 to 22.32. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 24.29 to 24.29. 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 USSX-U.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for USSX-U.CA is up. |
| ChartMill Relative Strength | 60.17 | NEUTRAL | USSX-U.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of USSX-U.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of USSX-U.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of USSX-U.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.27 | NEUTRAL | The RSI value for USSX-U.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests USSX-U.CA has a negative trend. |
| Stochastics (14,3) | 81.98 | OVERBOUGHT | The high Stochastics value suggests USSX-U.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.56 | LOW VOLATILITY | The low ATR as a percentage value for USSX-U.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 35.59 | POSITIVE | The high ADX value value for USSX-U.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)
TSX:USSX-U (7/31/2025, 7:00:00 PM)
24.1
-0.08 (-0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.33%
1 Week0.04%
2 Weeks1.56%
1 Month2.99%
3 Month11.37%
6 Month4.78%
12 Month16.14%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%0.56%
ATR Inc57.8%
Range Today0.22
ADR(20)0.09
ADR(20)%0.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.17
Mansfield-0.12
10 Day High24.32
10 Day Low23.58
20 Day High24.32
20 Day Low23.42
52 Week High24.32
52 Week Low18.55
CS1 End23.47
CR1 Start24.29
Volume & EV
DER(3)0%
DER(5)1.27%
Volume4.60K
Volume Incr-52.08%
Vol(5)3.62K
Vol(50)7.52K