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S&P/TSX Venture Composite Index

^SPCDNX•INDEX
$957.84
$48.71(5.36%)
Canadian Market opens in 1h 51m

S&P/TSX Venture Composite Index (^SPCDNX) Index: Technical Analysis & Trading Signals Today

Comprehensive technical indicators and trading signals for informed investment decisions

^SPCDNX Technical Analysis Summary

S&P/TSX Venture Composite Index index currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 44.48)
Trend Strength:Strong (ADX: 32.06)
Volatility:Medium (ATR: 34.64)
Support/Resistance:$864.80 – $1120.22 (Bollinger Bands)

Technical conditions suggest S&P/TSX Venture Composite Index is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 44.48

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 15.84

Bullish
Oversold zone signals rebound potential.

Williams %R: -65.45

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -10.75

Strongly Bearish
Sharp downside momentum.

Takeaway:S&P/TSX Venture Composite Index shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -34.34

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 32.06

Strong
Strong trend, momentum well established.

ATR (14): 34.64

Rising
Rising volatility, market activity increasing.

CCI (14): -22.28

Bearish
Bearish, momentum remains under pressure.

Takeaway:S&P/TSX Venture Composite Index shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1120.22
Middle Band (SMA 20)
$992.51
Lower Band
$864.80
Current Position
Within Bands

Takeaway:S&P/TSX Venture Composite Index trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$1045.10
Middle Line (EMA 20)
$975.81
Lower Channel
$906.52
Squeeze Status
No Squeeze

Takeaway:S&P/TSX Venture Composite Index trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume896.67M
Money Flow Index31.34Bearish, selling pressure outweighs inflows.
Relative Vigor Index52.88Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:^SPCDNX shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of S&P/TSX Venture Composite Index, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:S&P/TSX Venture Composite Index shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

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