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Stock Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
Mackenzie Canadian Equity Index ETF (TSE:QCN)
Bull Market Weakness (+75) - QCN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QCN as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QCN?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for QCN
The long-term trend has been DOWN since Sep 27th, 2023 at 118.18
The intermediate-term trend has been UP since Nov 3rd, 2023 at 120.27
The short-term trend has been UP since Nov 30th, 2023 at 123.26
Smart Scan Analysis for QCN
Based on our trend formula, QCN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 125.09 | 125.09 | 124.71 | 124.97 | -0.12 |
| Prev. Close | Volume | Bid | Ask | Time |
| 125.09 | 1025 | 2023-12-04 13:09:27 |
| Year High | 101.4 | Year High Date | 2018-07-12 |
| Year Low | 91.87 | Year Low Date | 2018-10-25 |
| 52wk High | 101.4 | 52wk High Date | 2018-07-12 |
| 52wk Low | 91.87 | 52wk Low Date | 2018-10-25 |
| Average Volume | 312 | Volatility | 18.94 |