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CI First Asset Morningstar Cda Div Tgt 30 ETF (DXM.CA) Stock Technical Analysis

TSX:DXM - Toronto Stock Exchange -

12.07  +0.06 (+0.5%)

Technical Rating and Analysis

7

Taking everything into account, DXM scores 7 out of 10 in our technical rating. Although DXM is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.

When comparing the yearly performance of all stocks, DXM is a bad performer in the overall market: 64% of all stocks are doing better.
Warning: DXM has an average volume of 2292 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
DXM is currently making a new 52 week high. This is a strong signal, certainly because the S&P500 Index is not trading near new highs.
In the last month DXM has a been trading in a tight range between 11.71 and 12.07.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
CI First Asset Morningstar Cda Div Tgt 30 ETF / DXM Weekly stock chart
CI First Asset Morningstar Cda Div Tgt 30 ETF / DXM Daily stock chart
Setup Rating and Analysis

3

Although DXM has an excellent technical rating, it does not offer a high quality setup 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

8.96

12.28

We found 4 important support areas.

  • A support zone ranging from 11.70 to 11.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 11.16 to 11.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @10.69 from a trend line in the weekly time frame.
  • Support @9.05 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 12.08 to 12.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS36.94
Mansfield-0.16
10 Day High12.07
10 Day Low11.73
20 Day High12.07
20 Day Low11.71
52 Week High12.07
52 Week Low6.63
Performance
1 Week0.67%
2 Weeks3.07%
1 Month2.37%
3 Month16.17%
6 Month22.41%
12 Month12.38%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)-0.02
RSI(14)72.44
LBB11.66
UBB12.13
CI First Asset Morningstar Cda Div Tgt 30 ETF / DXM Daily stock chart

CI First Asset Morningstar Cda Div Tgt 30 ETF

TSX:DXM (4/15/2021, 5:42:19 PM)

12.07

+0.06 (+0.5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.5%
1 Week0.67%
2 Weeks3.07%
1 Month2.37%
3 Month16.17%
6 Month22.41%
12 Month12.38%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%0.48%
ATR Inc11.59%
Range Today0.04
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.94
Mansfield-0.16
10 Day High12.07
10 Day Low11.73
20 Day High12.07
20 Day Low11.71
52 Week High12.07
52 Week Low6.63
CS1 End11.95
CR1 Start12.08
Volume & EV
DER(3)0.87%
DER(5)0.52%
Volume897
Volume Incr9.88%
Vol(5)3.97K
Vol(50)2.29K