Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
iShares S&P/TSX Capped Energy Index ETF

XEG.TO Technical Analysis Summary (TSX)

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

XEG.TO●TSX
Financial ServicesAsset Management
$27.28
$0.28(1.02%)
Canadian Market opens in 14h 41m

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

XEG.TO Technical Analysis Summary (TSX)

iShares S&P/TSX Capped Energy Index ETF (TSX: XEG.TO) stock currently shows a bearish trend on the TSX, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 32.27)
Trend Strength:Moderate (ADX: 28.79)
Volatility:Medium (ATR: 0.82)
Support/Resistance:$27.46 – $33.07 (Bollinger Bands)

Technical conditions suggest iShares S&P/TSX Capped Energy Index ETF on the TSX is awaiting a decisive move. This mix signals that iShares S&P/TSX Capped Energy Index ETF is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 32.27

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 4.81

Bullish
Oversold zone signals rebound potential.

Williams %R: -91.29

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -12.73

Strongly Bearish
Sharp downside momentum.

Takeaway:iShares S&P/TSX Capped Energy Index ETF shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.36

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 28.79

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.82

Low
Low volatility, stable price action.

CCI (14): -146.26

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:iShares S&P/TSX Capped Energy Index ETF shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$33.07
Middle Band (SMA 20)
$30.26
Lower Band
$27.46
Current Position
Below Lower Band

Takeaway:iShares S&P/TSX Capped Energy Index ETF trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$31.12
Middle Line (EMA 20)
$29.48
Lower Channel
$27.84
Squeeze Status
No Squeeze

Takeaway:iShares S&P/TSX Capped Energy Index ETF trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume17.18M
Money Flow Index38.49Bearish, selling pressure outweighs inflows.
Relative Vigor Index39.49Bearish, price momentum favors sellers.

Overall Takeaway:XEG.TO shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of iShares S&P/TSX Capped Energy Index ETF (TSX: XEG.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:iShares S&P/TSX Capped Energy Index ETF shows a Strong Sell signal — momentum, volume, and volatility confirm strong selling pressure.

(TSX: XEG.TO) Technical Analysis FAQ