ISHARES S&P/TSX CAPPED ENERG (XEG.CA) Stock Technical Analysis
TSX:XEG - Toronto Stock Exchange - CA46428C1005 - ETF - Currency: CAD
We assign a technical rating of 8 out of 10 to XEG. Although XEG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
XEG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so XEG is performing more or less in line with the market.
In the last month XEG has a been trading in the 16.20 - 18.40 range, which is quite wide. It is currently trading near the high of this range.
XEG has an average volume of 2242310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, XEG outperforms 48% of them, which is more or less in line with the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although XEG has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
14.92
19.58
4 important support areas can be observed.
- Support @18.16 from a horizontal line in the daily time frame.
- A support zone ranging from 16.89 to 16.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.15 to 16.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.07 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 18.64 to 18.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.39 from a horizontal line in the weekly 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 XEG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XEG.CA is up. |
| ChartMill Relative Strength | 48.58 | NEUTRAL | XEG.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XEG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XEG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XEG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.94 | OVERBOUGHT | The high RSI value suggests XEG.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests XEG.CA has a positive trend. |
| Stochastics (14,3) | 94.21 | OVERBOUGHT | The high Stochastics value suggests XEG.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.7 | LOW VOLATILITY | The low ATR as a percentage value for XEG.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 31.48 | POSITIVE | The high ADX value value for XEG.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:XEG (6/17/2025, 7:00:00 PM)
18.34
+0.31 (+1.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.72%
1 Week7%
2 Weeks9.23%
1 Month10.88%
3 Month5.28%
6 Month11.63%
12 Month3.44%
2 Year26.48%
3 Year25.53%
5 Year277.98%
10 Year42.83%
15 Year9.07%
Volatility
ATR(14)0.34
ATR(20)%1.7%
ATR Inc3.59%
Range Today0.3
ADR(20)0.27
ADR(20)%1.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.58
Mansfield0.15
10 Day High18.4
10 Day Low16.45
20 Day High18.4
20 Day Low16.2
52 Week High19.04
52 Week Low13.78
CS1 End18.16
CR1 Start18.64
Volume & EV
DER(3)-7.89%
DER(5)-8.98%
Volume2.29M
Volume Incr106.02%
Vol(5)2.71M
Vol(50)2.24M