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S&P/TSX Venture Composite Index

^SPCDNXINDEX
$1054.91
$11.32(1.08%)
Canadian Market opens in 1h 27m

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 shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 63.55)
Trend Strength:Moderate (ADX: 21.23)
Volatility:Medium (ATR: 29.18)
Support/Resistance:$881.56 – $1068.20 (Bollinger Bands)

This mix signals that S&P/TSX Venture Composite Index is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 63.55

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 92.84

Bearish
Overbought levels may trigger pullback.

Williams %R: -11.21

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 15.27

Strongly Bullish
Strong upside momentum.

Takeaway:S&P/TSX Venture Composite Index shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 9.31

Bullish
Bullish, trend momentum is strengthening.

ADX: 21.23

Moderate
Moderate trend, direction gaining strength.

ATR (14): 29.18

Rising
Rising volatility, market activity increasing.

CCI (14): 137.93

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:S&P/TSX Venture Composite Index shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1068.20
Middle Band (SMA 20)
$974.88
Lower Band
$881.56
Current Position
Within Bands

Takeaway:S&P/TSX Venture Composite Index trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$1062.55
Middle Line (EMA 20)
$1004.18
Lower Channel
$945.82
Squeeze Status
No Squeeze

Takeaway:S&P/TSX Venture Composite Index trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume870.19M
Money Flow Index87.74Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index79.10Bullish, price momentum strongly favors buyers.

Overall Takeaway:^SPCDNX shows overheated money flow, with risk of pullback from overbought conditions.

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

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:S&P/TSX Venture Composite Index currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

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