Technical Analysis for XMA - iShares S&P/TSX Capped Materials Index ETF

Grade Last Price % Change Price Change
D 21.090 -0.61% -0.130
XMA closed down 0.61 percent on Friday, November 15, 2024, on 8 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 downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down

Date Alert Name Type % Chg
New Downtrend Bearish 0.00%
180 Bearish Setup Bearish Swing Setup 0.00%
NR7 Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
Lower Bollinger Band Walk Weakness -0.61%
Gapped Down Weakness -0.61%
Lower Bollinger Band Touch Weakness -0.61%
Oversold Stochastic Weakness -0.61%

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Profile

iShares S&P/TSX Capped Materials Index Fund, formerly iShares CDN S&P/TSX Capped Materials Index Fund, seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX Capped Materials Index (the Index) through investments in the constituent issuers of such Index. The Index is a constrained market capitalization-weighted index that consists of the securities of Canadian materials sector issuers listed on the Toronto Stock Exchange (TSX), selected by S&P using its industrial classifications and guidelines for evaluating issuer capitalization, liquidity and fundamentals. In the Index, the weight of any one company, in terms of market capitalization, is limited to 25%. The Fund is managed by BlackRock Asset Management Canada Limited.
Classification

Keywords: Exchange Traded Funds S&P Ishares Materials Asset Management Blackrock Index Fund Market Capitalization S&P/Tsx Composite Index Standard & Poor's S&P 500 Index CBOE Toronto Stock Exchange Train S&P/TSX 60 Economy Of Toronto Tsx Toronto Stock Exchange 300 Composite Index Capitalization Weighted Index

Top 10 Components

Symbol Grade Price % Change Allocation
AEM D -1.00 12.72
ABX D -1.10 10.99
WPM C -0.91 8.73
FNV D -0.90 7.53
NTR D -0.15 7.49
K C -1.21 3.63
IVN D 0.63 3.35
FM C -2.17 2.90

Is XMA 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 23.95
52 Week Low 15.438
Average Volume 47,970
200-Day Moving Average 20.182
50-Day Moving Average 22.345
20-Day Moving Average 22.743
10-Day Moving Average 22.013
Average True Range 0.441
RSI (14) 33.33
ADX 25.27
+DI 18.594
-DI 39.944
Chandelier Exit (Long, 3 ATRs) 22.627
Chandelier Exit (Short, 3 ATRs) 22.223
Upper Bollinger Bands 24.625
Lower Bollinger Band 20.860
Percent B (%b) 0.06
BandWidth 16.558
MACD Line -0.359
MACD Signal Line -0.080
MACD Histogram -0.2792
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 21.540
Resistance 3 (R3) 21.577 21.463 21.465
Resistance 2 (R2) 21.463 21.349 21.445 21.440
Resistance 1 (R1) 21.277 21.278 21.220 21.240 21.415
Pivot Point 21.163 21.163 21.135 21.145 21.163
Support 1 (S1) 20.977 21.049 20.920 20.940 20.765
Support 2 (S2) 20.863 20.978 20.845 20.740
Support 3 (S3) 20.677 20.863 20.715
Support 4 (S4) 20.640