Is Mackenzie Canadian Equity Index ETF stock a buy or sell right now?

Based on current indicators, Mackenzie Canadian Equity Index ETF shows a Buy signal, supported by strong momentum and a confirmed uptrend.

What is Mackenzie Canadian Equity Index ETF’s RSI?

RSI is 66.22, showing balanced momentum within the normal range.

What does MACD indicate for QCN.TO?

MACD at 2.90 signals bullish momentum with buyers in control.

What are Mackenzie Canadian Equity Index ETF’s key support and resistance levels?

Support sits around $193.22, while resistance is near $212.44.

Mackenzie Canadian Equity Index ETF

QCN.TO•TSX

Financial Services

Asset Management

$211.46

$0.00(0.00%)

Canadian Market opens in 41h 53m

Mackenzie Canadian Equity Index ETF (QCN.TO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Mackenzie Canadian Equity Index ETF (TSX:QCN.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

QCN.TO Technical Analysis Summary

Mackenzie Canadian Equity Index ETF stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy

Momentum:Bullish (RSI: 66.22)

Trend Strength:Moderate (ADX: 25.35)

Volatility:Low (ATR: 2.39)

Support/Resistance:$193.22 – $212.44 (Bollinger Bands)

This mix signals that Mackenzie Canadian Equity Index ETF is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 66.22

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 95.59

Bearish

Overbought levels may trigger pullback.

Williams %R: -7.21

Bearish

Overbought levels may trigger correction.

Rate of Change (ROC): 5.95

Strongly Bullish

Strong upside momentum.

Takeaway:Mackenzie Canadian Equity Index ETF shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 2.90

Bullish

Bullish, trend momentum is strengthening.

ADX: 25.35

Moderate

Moderate trend, direction gaining strength.

ATR (14): 2.39

Medium

Medium volatility, healthy price movement.

CCI (14): 121.92

Bearish Risk

Bearish risk, overbought levels suggest caution.

Takeaway:Mackenzie Canadian Equity Index ETF shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators

Bollinger Bands

Upper Band

$212.44

Middle Band (SMA 20)

$202.83

Lower Band

$193.22

Current Position

Within Bands

Takeaway:Mackenzie Canadian Equity Index ETF trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels

Upper Channel

$209.41

Middle Line (EMA 20)

$204.62

Lower Channel

$199.84

Squeeze Status

No Squeeze

Takeaway:Mackenzie Canadian Equity Index ETF trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis

On-Balance Volume70.58K

Money Flow Index81.04Bearish risk, overbought conditions may trigger pullback.

Relative Vigor Index68.34Bullish, price momentum strongly favors buyers.

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

Technical Trading Signals Summary

Based on the current technical analysis of Mackenzie Canadian Equity Index ETF, 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:Mackenzie Canadian Equity Index ETF 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.