Technical Analysis for WXM - First Asset Morningstar Canada Momentum Index ETF
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| A | 32.190 | -0.22% | -0.070 |
WXM closed down 0.22 percent on Wednesday, November 20, 2024, on 51 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. 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.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Up | Up | Flat |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| NR7 | Range Contraction | 0.00% | |
| Narrow Range Bar | Range Contraction | 0.00% | |
| Stochastic Reached Overbought | Strength | 0.00% | |
| Inside Day | Range Contraction | 0.00% | |
| Overbought Stochastic | Strength | 0.00% | |
| Gapped Down | Weakness | 0.00% | |
| Outside Day | Range Expansion | -0.22% | |
| Gapped Down | Weakness | -0.22% | |
| Gapped Up | Strength | 0.37% | |
| Down 3 Days in a Row | Weakness | 1.58% |
| Alert | Time |
|---|---|
| Possible Inside Day | about 17 hours ago |
| Possible NR7 | about 17 hours ago |
| Rose Above Previous Day's High | 1 day ago |
| 10 DMA Support | 1 day ago |
| Outside Day | 1 day ago |
Get this analysis on your stocks daily!
Let us help you stay on top of your investments. We will alert you to important technical developments on your
portfolio & watchlist.
Configure default chart indicators
Basic chart:
The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® Canada Target Momentum Index™ (the “Index”), net of expenses. The ETF invests in equity securities of the largest and most liquid Canadian issuers based on proprietary research generated by Morningstar, and is designed to provide diversified exposure to Canadian issuers which have demonstrated, among other things, positive momentum in earnings and price.
Keywords: Exchange Traded Funds Etf Earnings Momentum
Classification
Keywords: Exchange Traded Funds Etf Earnings Momentum
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 32.45 |
| 52 Week Low | 23.8583 |
| Average Volume | 1,620 |
| 200-Day Moving Average | 27.726 |
| 50-Day Moving Average | 30.595 |
| 20-Day Moving Average | 31.634 |
| 10-Day Moving Average | 32.049 |
| Average True Range | 0.278 |
| RSI (14) | 65.99 |
| ADX | 41.19 |
| +DI | 42.529 |
| -DI | 21.480 |
| Chandelier Exit (Long, 3 ATRs) | 31.615 |
| Chandelier Exit (Short, 3 ATRs) | 31.705 |
| Upper Bollinger Bands | 32.571 |
| Lower Bollinger Band | 30.696 |
| Percent B (%b) | 0.8 |
| BandWidth | 5.925 |
| MACD Line | 0.446 |
| MACD Signal Line | 0.463 |
| MACD Histogram | -0.0161 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 32.370 | ||||
| Resistance 3 (R3) | 32.350 | 32.270 | 32.340 | ||
| Resistance 2 (R2) | 32.270 | 32.224 | 32.280 | 32.330 | |
| Resistance 1 (R1) | 32.230 | 32.196 | 32.250 | 32.250 | 32.320 |
| Pivot Point | 32.150 | 32.150 | 32.160 | 32.160 | 32.150 |
| Support 1 (S1) | 32.110 | 32.104 | 32.130 | 32.130 | 32.060 |
| Support 2 (S2) | 32.030 | 32.076 | 32.040 | 32.050 | |
| Support 3 (S3) | 31.990 | 32.030 | 32.040 | ||
| Support 4 (S4) | 32.010 |
