XIU / TSX (Toronto Stock Exchange)The TSX / XIU (ETF) is going down over the next 8 months, no doubt in my mind as a Canadian. Housing is not selling, starts are being cancelled / going bankrupt, we are over-populated and our infrastructure can not handle it. The rate decreases won't save our over-leveraged banks (real-estate, mostl
Key stats
About ISHARES S&P/TSX 60 INDEX ETF UNIT
Home page
Inception date
Jun 21, 1999
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Eligible dividends
Income tax type
Capital Gains
Primary advisor
BlackRock Asset Management Canada Ltd.
XIU invests in the Canadian large-cap space. The fund tracks an index in which the investment universe has been selected by an investment committee. Eligible securities from the S&P/TSX Composite are screened by market cap and liquidity, 60 of the largest companies are included in the index. Sectors weights are intended to parallel the S&P/TSX Composite. The index usually undergoes quarterly rebalance. XIU currently employs a replicating strategy wherein it invests in securities in considerably the same proportions as they are represented in the index. The origins of this fund date back to the first ETF in the world to be offered. The fund originally launched on March 9, 1990 as the Toronto 35 Index Participation Fund, tracking the TSX 35 Index. On September 26, 1999 the fund merged with Hundred Index Participation Fund which tracked the TSX 100 Index and was named iUnits S&P/TSX Index Participation Fund. On March 7, 2000, the fund was renamed to its current reference.
Classification
What's in the fund
Exposure type
Finance
Industrial Services
Technology Services
Non-Energy Minerals
Stock breakdown by region
Top 10 holdings
XIU: Reviewing Possible Scenarios [Dec 2023]XIU is approaching to a key reversal zone between 28 and 29 where a possible rebound is likely to happen. If XIU stock's price cannot hold above 28, the risk of bearish scenario toward 26 and lower would increase.
Support zone= 28/29
Resistance zone =32/33
Key level to watch=28
Downside risk = 26 a
H&S on XIUXIU has formed a head & shoulders pattern over the month of October. Today it broke below the neckline, signalling bearish price action.
It is also trading below its 50, 100, and 200 emas on the 1h chart and the MACD is below the signal line.
Next test of support is the high volume node centered aro
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.