TSX:VEF - Toronto Stock Exchange - CA92207G1028 - ETF - Currency: CAD
We assign a technical rating of 7 out of 10 to VEF. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, VEF is only an average performer.
Although VEF has an excellent technical rating, the quality of the presented setup is not ideal 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.
53.37
When analyzing the support we can see 3 important areas.
When analyzing the resistance we notice one important area.
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 VEF.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VEF.CA is up. |
ChartMill Relative Strength | 50.83 | NEUTRAL | VEF.CA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VEF.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VEF.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VEF.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 65.67 | NEUTRAL | The RSI value for VEF.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests VEF.CA has a positive trend. |
Stochastics (14,3) | 92.44 | OVERBOUGHT | The high Stochastics value suggests VEF.CA may be overbought. |
Average True Range in percent/ATR (20) | 0.66 | LOW VOLATILITY | The low ATR as a percentage value for VEF.CA suggests low volalility. |
Average Directional Index/ADX (14) | 16.1 | NEGATIVE | The low ADX value for VEF.CA suggests a weak or negative trend. |
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.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
62.35 | 60.62 | 1.73 (2.77%) | 25.00% |
An entry @62.35. This is a Buy Stop order right above the resistance zone. | An exit @60.62. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.73 points, which is 2.77%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.69%. |
TSX:VEF (7/25/2025, 7:00:00 PM)
62.15
+0.04 (+0.06%)