Technical Analysis for DRFC - Desjardins RI Canada Multifactor - Low CO2 ETF

Grade Last Price % Change Price Change
A 33.450 -0.21% -0.070
DRFC closed down 0.21 percent on Tuesday, December 3, 2024, on 1.11 times normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Bearish Engulfing Bearish 0.00%
New 52 Week High Strength 0.00%
Outside Day Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
New 52 Week Closing High Bullish -0.21%
180 Bullish Setup Bullish Swing Setup -0.21%
Pocket Pivot Bullish Swing Setup -0.21%
Narrow Range Bar Range Contraction -0.21%
New 52 Week High Strength -0.21%
Gapped Up Strength -0.21%

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Profile

DRFC seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of a Canadian index that employs a multifactor approach. Currently, DRFC seeks to replicate the performance of the Scientific Beta Desjardins Canada RI Low Carbon Multifactor Index, net of fees and expenses. Under normal market conditions, DRFC will primarily invest in large and mid-cap companies from the Scientific Beta Canada Universe while seeking to deliver a significant reduction in the weighted average carbon intensity of DRFC’s portfolio relative to the cap-weighted Index of the Scientific Beta Canada Universe and ensuring that all Constituent Issuers meet Pre-Determined ESG Standards.
Classification

Keywords: Carbon Financial Ratios Mathematical Finance Universe Beta Suri Fundamental Analysis

Top 10 Components

Symbol Grade Price % Change Allocation
BN B -0.65 3.88
CSU B -2.93 3.81
MFC B -0.53 3.10
ENB A 0.38 2.99
BNS B -3.37 2.87
CNQ C 1.93 2.85
SHOP B -0.76 2.73
ATD B 0.00 2.67

Is DRFC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 33.56
52 Week Low 23.2325
Average Volume 1,683
200-Day Moving Average 28.894
50-Day Moving Average 31.715
20-Day Moving Average 32.649
10-Day Moving Average 33.026
Average True Range 0.224
RSI (14) 75.37
ADX 36.96
+DI 49.344
-DI 17.006
Chandelier Exit (Long, 3 ATRs) 32.889
Chandelier Exit (Short, 3 ATRs) 31.821
Upper Bollinger Bands 33.694
Lower Bollinger Band 31.603
Percent B (%b) 0.88
BandWidth 6.403
MACD Line 0.506
MACD Signal Line 0.469
MACD Histogram 0.0378
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 33.720
Resistance 3 (R3) 33.727 33.643 33.675
Resistance 2 (R2) 33.643 33.575 33.640 33.660
Resistance 1 (R1) 33.547 33.532 33.505 33.540 33.645
Pivot Point 33.463 33.463 33.443 33.460 33.463
Support 1 (S1) 33.367 33.395 33.325 33.360 33.255
Support 2 (S2) 33.283 33.352 33.280 33.240
Support 3 (S3) 33.187 33.283 33.225
Support 4 (S4) 33.180