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 5 out of 10 to XEG. In the last year, XEG was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
When comparing the yearly performance of all stocks, XEG is a bad performer in the overall market: 67% of all stocks are doing better.
In the last month XEG has a been trading in the 16.90 - 18.40 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
XEG has an average volume of 1561620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
XEG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so XEG is lagging the market.
XEG has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 17.07, a Stop Loss order could be placed below this zone.
More info and screens
14.63
19.58
3 important support areas can be observed.
- A support zone ranging from 16.97 to 17.07. 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.
- Support @14.78 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 17.24 to 17.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 18.00 to 18.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 18.64 to 18.76. 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 | NEUTRAL | NEUTRAL | The short term trend for XEG.CA is neutral. |
| ChartMill Relative Strength | 33.08 | NEUTRAL | XEG.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of XEG.CA is below a declining 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) | 49.3 | NEUTRAL | The RSI value for XEG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests XEG.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.74 | NEUTRAL | The Stochastics value for XEG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.56 | LOW VOLATILITY | The low ATR as a percentage value for XEG.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 15.14 | NEGATIVE | The low ADX value for XEG.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)
TSX:XEG (7/18/2025, 7:00:00 PM)
17.2
+0.02 (+0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.12%
1 Week-1.66%
2 Weeks0.47%
1 Month-5.96%
3 Month10.61%
6 Month-3.1%
12 Month-5.55%
2 Year8.59%
3 Year13.18%
5 Year261.09%
10 Year47.18%
15 Year-1.24%
Volatility
ATR(14)0.24
ATR(20)%1.56%
ATR Inc-16.42%
Range Today0.24
ADR(20)0.25
ADR(20)%1.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.08
Mansfield-0.81
10 Day High17.55
10 Day Low16.9
20 Day High18.4
20 Day Low16.9
52 Week High19.04
52 Week Low13.78
CS1 End17.07
CR1 Start17.24
Volume & EV
DER(3)-1.62%
DER(5)-1.67%
Volume1.86M
Volume Incr-13.47%
Vol(5)1.39M
Vol(50)1.56M