Technical Analysis for WXM - First Asset Morningstar Canada Momentum Index ETF
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| A | 26.230 | -0.11% | -0.030 |
WXM closed down 0.11 percent on Wednesday, April 24, 2024, on 36 percent of normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Up | Up | Flat |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| 20 DMA Resistance | Bearish | 0.00% | |
| Shooting Star Candlestick | Bearish | 0.00% | |
| Outside Day | Range Expansion | 0.00% | |
| 20 DMA Resistance | Bearish | -0.11% | |
| Gapped Up | Strength | -0.11% | |
| Up 3 Days in a Row | Strength | -0.11% | |
| Oversold Stochastic | Weakness | -0.11% | |
| Crossed Above 50 DMA | Bullish | 0.11% | |
| Stochastic Buy Signal | Bullish | 0.11% | |
| Strong but Oversold | Other | 0.11% |
| Alert | Time |
|---|---|
| 20 DMA Resistance | about 6 hours ago |
| Rose Above Previous Day's High | about 11 hours ago |
| Rose Above 20 DMA | about 11 hours ago |
| Fell Below Previous Day's Low | about 11 hours ago |
| 3x Volume Pace | about 11 hours ago |
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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 | 26.66 |
| 52 Week Low | 22.4377 |
| Average Volume | 3,762 |
| 200-Day Moving Average | 24.619 |
| 50-Day Moving Average | 26.079 |
| 20-Day Moving Average | 26.281 |
| 10-Day Moving Average | 26.175 |
| Average True Range | 0.154 |
| RSI (14) | 50.98 |
| ADX | 18.88 |
| +DI | 34.206 |
| -DI | 29.809 |
| Chandelier Exit (Long, 3 ATRs) | 26.089 |
| Chandelier Exit (Short, 3 ATRs) | 26.391 |
| Upper Bollinger Bands | 26.633 |
| Lower Bollinger Band | 25.929 |
| Percent B (%b) | 0.43 |
| BandWidth | 2.676 |
| MACD Line | 0.000 |
| MACD Signal Line | 0.035 |
| MACD Histogram | -0.0356 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 26.470 | ||||
| Resistance 3 (R3) | 26.490 | 26.430 | 26.430 | ||
| Resistance 2 (R2) | 26.430 | 26.369 | 26.420 | 26.417 | |
| Resistance 1 (R1) | 26.330 | 26.331 | 26.300 | 26.310 | 26.403 |
| Pivot Point | 26.270 | 26.270 | 26.255 | 26.260 | 26.270 |
| Support 1 (S1) | 26.170 | 26.209 | 26.140 | 26.150 | 26.057 |
| Support 2 (S2) | 26.110 | 26.171 | 26.100 | 26.043 | |
| Support 3 (S3) | 26.010 | 26.110 | 26.030 | ||
| Support 4 (S4) | 25.990 |
