$XEQT buys and chill
I’m changing the process for picking tickers to make it more affordable while avoiding risky penny lots. Comment your favourite TSX tickers under $150 & NYSE or NAS under $100.
Key Stats:
• Price: As of February 3, 2025, XEQT is trading at approximately CAD 34.95. 
• Dividend Yield: XEQT has a modest dividend yield, with recent payouts 1.94%. 
Technical Indicators:
• Moving Averages: XEQT is currently trading above its 50-day and 200-day moving averages, indicating a bullish trend. 
• RSI (Relative Strength Index): The RSI is in the neutral zone, suggesting neither overbought nor oversold conditions.
• MACD (Moving Average Convergence Divergence): The MACD line is above the signal line, a bullish sign.
Technical Reasons for Bullish Bias:
1. Above Key Moving Averages: Trading above both the 50-day and 200-day moving averages suggests a strong upward trend.
2. Positive MACD Signal: The MACD line crossing above the signal line indicates bullish momentum.
3. Neutral RSI: An RSI in the neutral zone implies potential for upward movement without immediate overbought concerns.
Fundamental Reasons for Bullish Bias:
1. Diversified Global Exposure: XEQT’s allocation across various global markets positions it well for growth. The ETF targets a global equity portfolio with 25% in Canada, 45% in the U.S., 25% in international developed markets, and 5% in emerging markets. 
2. Low Management Fee: The 0.18% fee is competitive, allowing more of the returns to benefit investors.
3. Consistent Dividend History: Regular dividend payouts, even if modest, provide a steady income stream.
Potential Paths to Profit:
1. Buy Shares: Purchase XEQT shares directly to benefit from potential price appreciation and dividends.
Disclaimer:
We are not a brokerage or investment firm. We do not offer financial advice or investment advice and/or signals. This is not certified financial education. We offer access to the daily thought process of an individual and his experiences. We do not offer refunds. All sales are final.
Please LIKE, FOLLOW, SHARE and COMMENT if you enjoy this idea! Also share your ideas and charts in the comments section below! This is the best way to keep this signal relevant, keep the content free, and allow the idea to reach as many people as possible.
Key Stats:
• Price: As of February 3, 2025, XEQT is trading at approximately CAD 34.95. 
• Dividend Yield: XEQT has a modest dividend yield, with recent payouts 1.94%. 
Technical Indicators:
• Moving Averages: XEQT is currently trading above its 50-day and 200-day moving averages, indicating a bullish trend. 
• RSI (Relative Strength Index): The RSI is in the neutral zone, suggesting neither overbought nor oversold conditions.
• MACD (Moving Average Convergence Divergence): The MACD line is above the signal line, a bullish sign.
Technical Reasons for Bullish Bias:
1. Above Key Moving Averages: Trading above both the 50-day and 200-day moving averages suggests a strong upward trend.
2. Positive MACD Signal: The MACD line crossing above the signal line indicates bullish momentum.
3. Neutral RSI: An RSI in the neutral zone implies potential for upward movement without immediate overbought concerns.
Fundamental Reasons for Bullish Bias:
1. Diversified Global Exposure: XEQT’s allocation across various global markets positions it well for growth. The ETF targets a global equity portfolio with 25% in Canada, 45% in the U.S., 25% in international developed markets, and 5% in emerging markets. 
2. Low Management Fee: The 0.18% fee is competitive, allowing more of the returns to benefit investors.
3. Consistent Dividend History: Regular dividend payouts, even if modest, provide a steady income stream.
Potential Paths to Profit:
1. Buy Shares: Purchase XEQT shares directly to benefit from potential price appreciation and dividends.
Disclaimer:
We are not a brokerage or investment firm. We do not offer financial advice or investment advice and/or signals. This is not certified financial education. We offer access to the daily thought process of an individual and his experiences. We do not offer refunds. All sales are final.
Please LIKE, FOLLOW, SHARE and COMMENT if you enjoy this idea! Also share your ideas and charts in the comments section below! This is the best way to keep this signal relevant, keep the content free, and allow the idea to reach as many people as possible.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.