CNDX:CA
Canadian stock research

(CNDX) Technical Patterns and Signals

Proprietary Signals for CNDX:CA

Stock Chart for CNDX:CA

Chart for Global X S&P/TSX 60 Index ETF (CNDX:CA)

Blue = Current Price
Red = Resistance
Green = Support

Trading Plans Summary

Side-by-Side Comparison
Trading PlanBiasAction / TriggerProfit TargetStop LossExecution Rule
Position Trading Strategy
Multi-Week (Position)
LONG$26.43$28.20 (+6.70%)$26.30 (−0.49%)Enter near the entry level; take profit at the target; stop loss if support fails.
Risk Hedging Strategy
Tactical / Swing
SHORT / HEDGE$28.20$26.43 (−6.28%)$28.34 (+0.50%)Enter short near the entry level; cover at the target; stop loss if resistance breaks.
Position Trading StrategyLONG
Multi-Week (Position)Reward/Risk 13.6 : 1
  1. Step 1 · EnterBuy near$26.43
  2. Step 2 · Take profitSell at$28.20+6.70%
  3. Step 3 · ProtectExit if price falls below$26.30−0.49%
PlanBuy CNDX:CA near $26.43 · Target $28.20 · Stop $26.30
Order LevelPriceDistance from Trigger
Target (take profit at)$28.20+6.70%
Entry Zone (buy near)$26.43—
Stop Loss (exit if below)$26.30−0.49%
Objective: Core Trend PositionHorizon: Multi-Week (Position)Status: Active Conditional OrderReward/Risk: 13.6 : 1
Entry$26.43
Target$28.20
Stop Loss$26.30
Risk Hedging StrategySHORT / HEDGE
Tactical / SwingReward/Risk 12.6 : 1
  1. Step 1 · EnterSell short near$28.20
  2. Step 2 · Take profitBuy back (cover) at$26.43−6.28%
  3. Step 3 · ProtectExit if price rises above$28.34+0.50%
PlanShort CNDX:CA near $28.20 · Target $26.43 · Stop $28.34
Order LevelPriceDistance from Trigger
Stop Loss (exit if above)$28.34+0.50%
Trigger (short below)$28.20—
Target (cover at)$26.43−6.28%
Objective: Portfolio Downside HedgeHorizon: Tactical / SwingStatus: Active Conditional OrderReward/Risk: 12.6 : 1
Entry$28.20
Target$26.43
Stop Loss$28.34

Multi-Timeframe Signal AnalysisSTRONG BIAS

TIME HORIZONSIGNAL STRENGTH
Near-termStrong
Mid-termWeak
Long-termNeutral

Check the time stamp on this data. Updated Proprietary Signals for Global X S&P/TSX 60 Index ETF (CNDX:CA) available here (CNDX:CA stock signals).

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