XBM - iShares S&P/TSX Global Base Metals Index ETFWe are bullish on XBM-T in the short to medium term. XBM has broken out of the July 2014 and March 2018 resistance level. We like the trading channel and believe the price action will continue upward. The relative strength is pushing up against overbought. Our sell target is between $21.00 and $23.0
Key stats
About ISHARES SP/TSX GLOBAL BASE MTLS ETF INDEX UNIT ETF
Home page
Inception date
Apr 12, 2011
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
BlackRock Asset Management Canada Ltd.
The fund provides exposure to global companies engaged in the production or extraction of base metals. The underlying index is a subset of the S&P/TSX Global Mining Indexa market-cap-weighted index of global companies in the mining industry, listed on either US or Canadian exchanges. XBM specifically includes companies that are classified in any of the three GICS sub-industries: aluminum, copper, and diversified metals and mining. In addition, firms must also meet certain size and liquidity screens to be selected. Holdings are weighted by market-cap and are constrained such that no individual security exceeds 10% weight of the portfolio. The index is rebalanced quarterly.
Classification
What's in the fund
Exposure type
Non-Energy Minerals
Stock breakdown by region
Top 10 holdings
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
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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.