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iShares S&P/TSX Capped Materials Index ETF

XMA.TO Technical Analysis Summary (TSX)

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

XMA.TO●TSX
Financial ServicesAsset Management - Global
$50.99
$1.45(2.93%)
Canadian Market opens in 12h 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

XMA.TO Technical Analysis Summary (TSX)

iShares S&P/TSX Capped Materials Index ETF (TSX: XMA.TO) stock currently shows a bullish trend on the TSX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 74.63)
Trend Strength:Moderate (ADX: 24.77)
Volatility:Medium (ATR: 1.44)
Support/Resistance:$37.27 – $51.09 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 74.63

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 99.51

Bearish
Overbought levels may trigger pullback.

Williams %R: 0.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 29.66

Strongly Bullish
Strong upside momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: 2.16

Bullish
Bullish, trend momentum is strengthening.

ADX: 24.77

Moderate
Moderate trend, direction gaining strength.

ATR (14): 1.44

Low
Low volatility, stable price action.

CCI (14): 210.66

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:iShares S&P/TSX Capped Materials Index ETF shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$51.09
Middle Band (SMA 20)
$44.18
Lower Band
$37.27
Current Position
Within Bands

Takeaway:iShares S&P/TSX Capped Materials Index ETF trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$48.03
Middle Line (EMA 20)
$45.15
Lower Channel
$42.26
Squeeze Status
No Squeeze

Takeaway:iShares S&P/TSX Capped Materials Index ETF trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume-1.17M
Money Flow Index81.68Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index75.26Bullish, price momentum strongly favors buyers.

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

Technical Trading Signals Summary
Based on the current technical analysis of iShares S&P/TSX Capped Materials Index ETF (TSX: XMA.TO), 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:iShares S&P/TSX Capped Materials 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.

(TSX: XMA.TO) Technical Analysis FAQ