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Mackenzie Core Plus Global Fixed Income ETF

MGB.TO•TSX
Financial Services
Asset Management - Income
$15.93
$0.13(0.82%)
Canadian Market opens in 28h 33m

Mackenzie Core Plus Global Fixed Income ETF (MGB.TO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Mackenzie Core Plus Global Fixed Income ETF (TSX:MGB.TO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MGB.TO Technical Analysis Summary

Mackenzie Core Plus Global Fixed Income ETF stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 47.03)
Trend Strength:Moderate (ADX: 24.18)
Volatility:Low (ATR: 0.08)
Support/Resistance:$15.77 – $16.11 (Bollinger Bands)

This mix signals that Mackenzie Core Plus Global Fixed Income ETF is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 47.03

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 37.68

Bearish
Momentum remains weak below midpoint.

Williams %R: -43.48

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -0.19

Neutral
Price change is minimal.

Takeaway:Mackenzie Core Plus Global Fixed Income ETF shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.07

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 24.18

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.08

Low
Low volatility, stable price action.

CCI (14): 9.73

Neutral
Neutral, no strong directional signal.

Takeaway:Mackenzie Core Plus Global Fixed Income ETF shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$16.11
Middle Band (SMA 20)
$15.94
Lower Band
$15.77
Current Position
Within Bands

Takeaway:Mackenzie Core Plus Global Fixed Income ETF trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$16.11
Middle Line (EMA 20)
$15.96
Lower Channel
$15.80
Squeeze Status
No Squeeze

Takeaway:Mackenzie Core Plus Global Fixed Income ETF trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume50.33K
Money Flow Index85.06Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index61.24Bullish, price momentum strongly favors buyers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Mackenzie Core Plus Global Fixed Income ETF, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Technical indicators for Mackenzie Core Plus Global Fixed Income ETF are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ