CI MORNINGSTAR CAN MOMT INDX (WXM.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:WXM - CA12554M1068 - ETF
Taking everything into account, WXM scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WXM is showing a nice and steady performance.
Besides having an excellent technical rating, WXM also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 41.11, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
33.51
When analyzing the support we can see 2 important areas.
- A support zone ranging from 39.69 to 41.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.85 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 41.29 to 41.79. 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 WXM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WXM.CA is up. |
| ChartMill Relative Strength | 70.76 | POSITIVE | WXM.CA has a high relative strength, it outperformed 70.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WXM.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WXM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WXM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.8 | NEUTRAL | The RSI value for WXM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests WXM.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 61.5 | NEUTRAL | The Stochastics value for WXM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.47 | LOW VOLATILITY | The low ATR as a percentage value for WXM.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 11.93 | NEGATIVE | The low ADX value for WXM.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 |
|---|---|---|---|
| 41.80 | 40.19 | 1.61 (3.85%) | 25.00% |
| An entry @41.80. This is a Buy Stop order right above the resistance zone. | An exit @40.19. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.61 points, which is 3.85%. | For a 0.96% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:WXM (11/21/2025, 7:00:00 PM)
41.16
+0.41 (+1.01%)
CI MORNINGSTAR CAN MOMT INDX / WXM.CA FAQ
Can you provide the ChartMill technical rating for CI MORNINGSTAR CAN MOMT INDX?
ChartMill assigns a technical rating of 10 / 10 to WXM.CA.
Can you provide the trend direction for CI MORNINGSTAR CAN MOMT INDX?
The current trend direction for CI MORNINGSTAR CAN MOMT INDX (WXM.CA) is Bullish.
What is the RSI signal for WXM stock?
CI MORNINGSTAR CAN MOMT INDX (WXM.CA) has an RSI value of 54.8026. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CI MORNINGSTAR CAN MOMT INDX?
The MACD indicator for CI MORNINGSTAR CAN MOMT INDX (WXM.CA) has a value of -0.0159294, indicating a bearish trend.
What is the buy/sell signal for CI MORNINGSTAR CAN MOMT INDX (WXM.CA) stock?
The buy/sell signal for CI MORNINGSTAR CAN MOMT INDX (WXM.CA) is buy as both the short term and long term trends are positive.