GLOBAL X S&P 500 INDEX ETF (USSX.CA) Stock Technical Analysis
Canada - TSX:USSX - CA37962A1057 - ETF
Overall USSX gets a technical rating of 7 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 is only an average performer.
Although USSX 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
27.52
When analyzing the support we can see 3 important areas.
- A support zone ranging from 34.84 to 35.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.47 from a horizontal line in the daily time frame.
- Support @27.80 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 35.97 to 36.60. This zone is formed by a combination of multiple trend lines and important moving averages 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.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for USSX.CA is neutral. |
| ChartMill Relative Strength | 56.72 | NEUTRAL | USSX.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of USSX.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of USSX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of USSX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.7 | NEUTRAL | The RSI value for USSX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests USSX.CA has a negative trend. |
| Stochastics (14,3) | 58.67 | NEUTRAL | The Stochastics value for USSX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.07 | LOW VOLATILITY | The low ATR as a percentage value for USSX.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 19.87 | NEGATIVE | The low ADX value for USSX.CA suggests a weak or negative trend. |
TSX:USSX (11/7/2025, 7:00:00 PM)
35.85
-0.22 (-0.61%)
GLOBAL X S&P 500 INDEX ETF / USSX.CA FAQ
What is the ChartMill technical rating of GLOBAL X S&P 500 INDEX ETF (USSX.CA) stock?
ChartMill assigns a technical rating of 7 / 10 to USSX.CA.
What is the current trend direction of GLOBAL X S&P 500 INDEX ETF (USSX.CA) stock?
The current trend direction for GLOBAL X S&P 500 INDEX ETF (USSX.CA) is Bullish.
What is the RSI signal for GLOBAL X S&P 500 INDEX ETF (USSX.CA) stock?
GLOBAL X S&P 500 INDEX ETF (USSX.CA) has an RSI value of 50.7013. This indicates that the stock is currently neutral.
What is the short term momentum for USSX stock?
The short term momentum for GLOBAL X S&P 500 INDEX ETF (USSX.CA) is neutral.
What is the support and resistance level for USSX stock?
GLOBAL X S&P 500 INDEX ETF (USSX.CA) has a support level at 35.18 and a resistance level at 35.97. Check the full technical report for our detailed analysis of USSX.CA support and resistance levels.