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Mackenzie Core Plus Global Fixed Income ETF

MGB.TO Technical Analysis Summary (TSX)

Analyze MGB.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

MGB.TO●TSX
Financial ServicesAsset Management - Bonds
$15.69
$0.010(0.06%)
Canadian Market opens in 26h 30m

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 (TSX)

Mackenzie Core Plus Global Fixed Income ETF (TSX: MGB.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 40.68)
Trend Strength:Moderate (ADX: 26.44)
Volatility:Low (ATR: 0.06)
Support/Resistance:$15.65 – $15.99 (Bollinger Bands)

Technical conditions suggest Mackenzie Core Plus Global Fixed Income ETF on the TSX is awaiting a decisive move. Overall, Mackenzie Core Plus Global Fixed Income ETF remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 40.68

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 11.90

Bullish
Oversold zone signals rebound potential.

Williams %R: -100.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -1.01

Bearish
Selling pressure outweighs buying.

Takeaway:Mackenzie Core Plus Global Fixed Income ETF shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.03

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 26.44

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.06

Low
Low volatility, stable price action.

CCI (14): -156.74

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$15.99
Middle Band (SMA 20)
$15.82
Lower Band
$15.65
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
$15.91
Middle Line (EMA 20)
$15.79
Lower Channel
$15.68
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 Volume-26.61K
Money Flow Index11.77Bullish, oversold conditions signal rebound potential.
Relative Vigor Index29.68Bearish, price momentum favors sellers.

Overall Takeaway:MGB.TO shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of Mackenzie Core Plus Global Fixed Income ETF (TSX: MGB.TO), 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:Technical indicators for Mackenzie Core Plus Global Fixed Income ETF are mixed, suggesting a Hold or wait-and-see approach.

(TSX: MGB.TO) Technical Analysis FAQ