TSX:DCS - Toronto Stock Exchange - CA25059L1004 - ETF - Currency: CAD
Taking everything into account, DCS scores 8 out of 10 in our technical rating. Although DCS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
DCS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 19.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.06, a Stop Loss order could be placed below this zone.
17.64
We found 3 important support areas.
When analyzing the resistance we notice one important area.
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 |
---|---|---|---|
19.11 | 18.95 | 0.16 (0.84%) | 25.00% |
An entry @19.11. This is a Buy Stop order right above the resistance zone. | An exit @18.95. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.16 points, which is 0.84%. | For a 0.21% total portfolio risk, you can invest 25.00% of your capital in this trade. |
TSX:DCS (3/6/2025, 7:00:00 PM)
19.07
+0.01 (+0.05%)