ISHARES CORE CANADIAN SHORT (XSH.CA) Stock Technical Analysis
Canada - TSX:XSH - CA46431X1096 - ETF
Taking everything into account, XSH scores 6 out of 10 in our technical rating. Although XSH is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, XSH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 19.30. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.26, a Stop Loss order could be placed below this zone.
More info and screens
18.12
2 important support areas can be observed.
- A support zone ranging from 18.81 to 19.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.30 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 19.30 to 19.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 XSH.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XSH.CA is up. |
| ChartMill Relative Strength | 27.12 | NEGATIVE | XSH.CA has a low relative strength, it was outperformed by 72.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XSH.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XSH.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XSH.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.65 | NEUTRAL | The RSI value for XSH.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests XSH.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.56 | OVERBOUGHT | The high Stochastics value suggests XSH.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.17 | LOW VOLATILITY | The low ATR as a percentage value for XSH.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 24.95 | NEUTRAL | The ADX value for XSH.CA suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 19.33 | 19.20 | 0.13 (0.67%) | 25.00% |
| An entry @19.33. This is a Buy Stop order right above the resistance zone. | An exit @19.20. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.13 points, which is 0.67%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.17%. |
- 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:XSH (9/19/2025, 7:00:00 PM)
19.285
+0.02 (+0.08%)