TMX GROUP LTD (X.CA) Stock Technical Analysis
TSX:X - Toronto Stock Exchange - CA87262K1057 - Common Stock - Currency: CAD
Taking everything into account, X scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that X is one of the better performing stocks in the market, outperforming 74% of all stocks. We also observe that the gains produced by X over the past year are nicely spread over this period.
X is one of the better performing stocks in the Capital Markets industry, it outperforms 71% of 82 stocks in the same industry.
X is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so X is lagging the market slightly.
In the last month X has a been trading in the 54.46 - 57.77 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
X has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 55.69, a Stop Loss order could be placed below this zone.
More info and screens
48.37
58.31
4 important support areas can be observed.
- A support zone ranging from 54.06 to 55.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @52.69 from a trend line in the daily time frame.
- Support @49.90 from a trend line in the weekly time frame.
- Support @48.86 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 56.11 to 56.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @57.73 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for X.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for X.CA is neutral. |
| ChartMill Relative Strength | 74.15 | POSITIVE | X.CA has a high relative strength, it outperformed 74.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of X.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of X.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of X.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.22 | NEUTRAL | The RSI value for X.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests X.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.32 | NEUTRAL | The Stochastics value for X.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.71 | LOW VOLATILITY | The low ATR as a percentage value for X.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 11.48 | NEGATIVE | The low ADX value for X.CA suggests a weak or negative 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)
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 |
|---|---|---|---|
| 56.68 | 54.45 | 2.23 (3.93%) | 25.00% |
| An entry @56.68. This is a Buy Stop order right above the resistance zone. | An exit @54.45. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.23 points, which is 3.93%. | For a 0.98% 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:X (7/14/2025, 7:00:00 PM)
55.75
+0.53 (+0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.96%
1 Week0.58%
2 Weeks-1.57%
1 Month-0.41%
3 Month8.76%
6 Month24.94%
12 Month34.66%
2 Year90.27%
3 Year112.16%
5 Year103.59%
10 Year466.34%
15 Year878.41%
Volatility
ATR(14)1.01
ATR(20)%1.71%
ATR Inc-18.6%
Range Today0.91
ADR(20)0.93
ADR(20)%1.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.15
Mansfield0.75
10 Day High57.77
10 Day Low54.46
20 Day High57.77
20 Day Low54.46
52 Week High57.77
52 Week Low39.7
CS1 End55.69
CR1 Start56.11
Volume & EV
DER(3)1.05%
DER(5)-1.37%
Volume232.09K
Volume Incr-5.81%
Vol(5)401.34K
Vol(50)485.52K