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S&P/TSX Venture Composite Index

^SPCDNXINDEX
$0.00
$-1018.11(-100.00%)
Canadian Market opens in 7h 53m

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: 41.04)
Trend Strength:Moderate (ADX: 20.09)
Volatility:High (ATR: 31.87)
Support/Resistance:$980.36 – $1133.40 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 41.04

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 12.83

Bullish
Oversold zone signals rebound potential.

Williams %R: -89.08

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -5.00

Bearish
Selling pressure outweighs buying.

Takeaway:S&P/TSX Venture Composite Index shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -1.67

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 20.09

Moderate
Moderate trend, direction gaining strength.

ATR (14): 31.87

Rising
Rising volatility, market activity increasing.

CCI (14): -170.89

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:S&P/TSX Venture Composite Index shows oversold trend conditions, with potential for rebound if buyers step in.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1133.40
Middle Band (SMA 20)
$1056.88
Lower Band
$980.36
Current Position
Unknown
Keltner Channels
Upper Channel
$1118.56
Middle Line (EMA 20)
$1054.83
Lower Channel
$991.10
Squeeze Status
No Squeeze
Volume & Money Flow Analysis
On-Balance Volume1.32B
Money Flow Index46.75Neutral, balanced money flows with no clear signal.
Relative Vigor Index43.86Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:^SPCDNX shows balanced money flow with a slight bearish tilt.

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.

RVI below 50 → vigor tilted toward sellers.

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

Technical Analysis FAQ