ISHARES CORE CANADIAN SHORT (XSH.CA) Stock Technical Analysis
TSX:XSH - Toronto Stock Exchange - CA46431X1096 - ETF - Currency: CAD
We assign a technical rating of 3 out of 10 to XSH. In the last year, XSH was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
61% of all other stocks performed better in the past year than XSH.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
XSH 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 XSH is performing more or less in line with the market.
In the last month XSH has a been trading in a tight range between 19.02 and 19.19.
Volume is considerably higher in the last couple of days.
XSH has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 19.08, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
18.12
19.38
2 important support areas can be observed.
- A support zone ranging from 18.79 to 19.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.30 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 19.09 to 19.19. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for XSH.CA is neutral. |
| ChartMill Relative Strength | 39.83 | NEUTRAL | XSH.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of XSH.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of XSH.CA is below 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) | 46.9 | NEUTRAL | The RSI value for XSH.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests XSH.CA has a negative trend. |
| Stochastics (14,3) | 60.62 | NEUTRAL | The Stochastics value for XSH.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.18 | LOW VOLATILITY | The low ATR as a percentage value for XSH.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 8.42 | NEGATIVE | The low ADX value for XSH.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:XSH (6/6/2025, 7:00:00 PM)
19.09
-0.04 (-0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.21%
1 Week-0.16%
2 Weeks0.21%
1 Month-0.05%
3 Month-0.1%
6 Month0%
12 Month3.19%
2 Year6.89%
3 Year6.41%
5 Year-2.9%
10 Year-4.5%
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%0.18%
ATR Inc-28.7%
Range Today0.04
ADR(20)0.03
ADR(20)%0.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.83
Mansfield-0.41
10 Day High19.14
10 Day Low19.05
20 Day High19.19
20 Day Low19.02
52 Week High19.2
52 Week Low18.44
CS1 End19.08
CR1 Start19.09
Volume & EV
DER(3)-2.09%
DER(5)-1.21%
Volume32.51K
Volume Incr105.89%
Vol(5)95.33K
Vol(50)42.99K