TSX:XLB - CA46430M1041 - ETF
Taking everything into account, XLB scores 0 out of 10 in our technical rating. XLB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
XLB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 18.46. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.34, a Stop Loss order could be placed below this zone.
18.00
When analyzing the support we notice one important area.
2 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for XLB.CA is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for XLB.CA is down. |
ChartMill Relative Strength | 18.85 | NEGATIVE | XLB.CA has a low relative strength, it was outperformed by 81.15% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of XLB.CA is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of XLB.CA is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of XLB.CA is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 49.75 | NEUTRAL | The RSI value for XLB.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests XLB.CA has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 36.96 | NEUTRAL | The Stochastics value for XLB.CA is a neutral value. |
Average True Range in percent/ATR (20) | 0.58 | LOW VOLATILITY | The low ATR as a percentage value for XLB.CA suggests low volalility. |
Average Directional Index/ADX (14) | 15.02 | NEGATIVE | The low ADX value for XLB.CA suggests a weak or negative trend. |
TSX:XLB (8/29/2025, 7:00:00 PM)
18.44
+0.12 (+0.66%)