ISHARES S&P/TSX CAPPED ENERG (XEG.CA)

CA46428C1005 - ETF

18.62  +0.04 (+0.22%)

Technical Rating and Analysis

8

Taking everything into account, XEG scores 8 out of 10 in our technical rating. In the last year, XEG was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month XEG has a been trading in the 18.48 - 19.78 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that XEG is one of the better performing stocks in the market, outperforming 87% of all stocks.
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.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
XEG Weekly chart
XEG Daily chart
Setup Rating and Analysis

5

XEG has an excellent technical rating, but the quality of the setup is only medium 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.

Support and Resistance Analysis

14.61

19.98

We found 4 important support areas.

  • A support zone ranging from 18.58 to 18.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @16.08 from a horizontal line in the daily time frame.
  • Support @15.61 from a trend line in the weekly time frame.
  • A support zone ranging from 14.76 to 14.99. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 19.05 to 19.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @19.78 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.22
Mansfield0.4
10 Day High19.49
10 Day Low18.48
20 Day High19.78
20 Day Low18.48
52 Week High19.78
52 Week Low13.78
Performance
1 Week-3.57%
2 Weeks-1.27%
1 Month-2.77%
3 Month23.56%
6 Month7.51%
12 Month28.06%
2 Year8.14%
3 Year125.58%
5 Year106.8%
10 Year-4.55%
15 Year8.14%
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)
Technical Indicators
MACD(12,26,9)-0.13
RSI(14)46.57
LBB18.52
UBB19.51
XEG Daily chart

ISHARES S&P/TSX CAPPED ENERG

TSX:XEG (5/2/2024, 6:00:00 PM)

18.62

+0.04 (+0.22%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.22%
1 Week-3.57%
2 Weeks-1.27%
1 Month-2.77%
3 Month23.56%
6 Month7.51%
12 Month28.06%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.34
ATR(20)%1.84%
ATR Inc
Range Today0.24
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High19.49
10 Day Low18.48
20 Day High19.78
20 Day Low18.48
52 Week High19.78
52 Week Low13.78
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.22M
Volume Incr23.3%
Vol(5)1.36M
Vol(50)996.95K