🇨🇦 Canada ETF Radar · TOR

MEDX

Global X Equal Weight Global Healthcare Index ETF

Sector · Unclassified · Unclassified

Mixed
Country Radar Open Chart
Recent price path MEDX recent weekly close path 22 CAD 24 Jul 2026
Weekly Return -2.0% latest completed week
4-Week Return 5.3% short momentum
Trend Gap 1.7% Trend negative
Fair Gap 5.3% vs fair value
Volume 0.2x 117 latest
Market Dynamics 0.81 positive and improving
Relative Strength -6.33 vs country ETF tape
Opportunity -2.5 composite radar score
Risk 16.0 -4.0% drawdown · 2.4% volatility
Price Action

Price, Trend Line, Fair Value

12 months
MEDX weekly price action
Price Trend Line Fair Value
Market Dynamics

Pressure, strength, volume

12 months
MEDX Market Dynamics and relative strength
Market Dynamics Relative Strength Volume
Signal View

What it shows

Above Trend Line Market Dynamics improving

Trend is still negative and the latest week is weak; wait for evidence of stabilization.

Signals are balanced; watch trend, volume, and follow-through.

MEDX sits in Sector, so read it as a Canada exposure first and a single ETF second.

The latest week moved -2.0%; the four-week move is 5.3%, which helps separate one-week noise from actual follow-through.

Trend is negative, volume is running at 0.2x, and Market Dynamics is not showing a buy signal.

Opportunity Signals

What could be improving

  • Price is above fair value with a positive trend setup
Risk Signals

What needs caution

  • Momentum is fading after a stronger short-term run
  • Thin relative volume can make the signal less reliable
Peers

Same category

Closest category peers ranked by the current radar score.

10 peers
1 HXE · TOR Global X S&P/TSX Capped Energy Index Corporate Class ETF 🇨🇦 Canada · Sector Trend and recent returns are aligned, so demand is still moving in the same direction. Week 6.1% 4W 15.5% Vol 0.5x 6.1% 2 XEG · TOR iShares S&P/TSX Capped Energy Index ETF 🇨🇦 Canada · Sector Trend and recent returns are aligned, so demand is still moving in the same direction. Week 5.3% 4W 15.1% Vol 1.3x 5.3% 3 ZWEN · TOR BMO Covered Call Energy ETF 🇨🇦 Canada · Sector Trend and recent returns are aligned, so demand is still moving in the same direction. Week 3.7% 4W 10.3% Vol 1.6x 3.7% 4 MU · TOR Micron Technology, Inc. 🇨🇦 Canada · Sector Balanced read: watch trend, volume, and four-week follow-through for the next clue. Week 8.9% 4W -18.2% Vol 1.0x 8.9% 5 UTIL · TOR Global X Equal Weight Canadian Utilities Index ETF 🇨🇦 Canada · Sector Trend and recent returns are aligned, so demand is still moving in the same direction. Week 2.3% 4W 1.7% Vol 1.6x 2.3% 6 OILY · TOR Evolve Canadian Energy Enhanced Yield Index Fund ETF (CAD-Unhedged) 🇨🇦 Canada · Sector Trend and recent returns are aligned, so demand is still moving in the same direction. Week 4.0% 4W 11.6% Vol 0.3x 4.0% 7 ZXLE-F · TOR BMO SPDR Energy Select Sector Index ETFH 🇨🇦 Canada · Sector Trend and recent returns are aligned, so demand is still moving in the same direction. Week 4.6% 4W 11.3% Vol 0.9x 4.6% 8 HFG · TOR Hamilton Global Financials ETF 🇨🇦 Canada · Sector Volume is expanding versus normal activity, which can mark institutional attention or stress. Week -0.7% 4W 4.5% Vol 2.4x -0.7% 9 HPF · TOR Harvest Energy Leaders Income ETF Class A CAD Hedged 🇨🇦 Canada · Sector Trend and recent returns are aligned, so demand is still moving in the same direction. Week 4.3% 4W 13.6% Vol 0.7x 4.3% 10 HMAX · TOR Hamilton Canadian Financials YIELD MAXIMIZER ETF 🇨🇦 Canada · Sector Balanced read: watch trend, volume, and four-week follow-through for the next clue. Week -1.5% 4W 1.4% Vol 1.4x -1.5%
Latest Event

Historical signal events

Recent Trend Line crossings and Market Dynamics buy signals from the weekly history.

28 Nov 2025 Crossed above Trend Line 23 CAD · 0.7%
20 Mar 2026 Broke below Trend Line 21 CAD · -1.1%
3 Jul 2026 Crossed above Trend Line 23 CAD · 9.7%
10 Jul 2026 Market Dynamics buy signal 23 CAD · 0.0%
MEDX

Recent weekly tape

Week Close Trend Line Fair Value Weekly Return Market Dynamics RS Volume
1 Aug 2025 20 CAD - 19 CAD % - - 19.9K
8 Aug 2025 20 CAD - 19 CAD 0.0% - - 0
15 Aug 2025 20 CAD - 19 CAD 0.0% - - 0
22 Aug 2025 20 CAD - 19 CAD 0.0% - - 0
29 Aug 2025 20 CAD - 19 CAD 0.0% - - 0
5 Sep 2025 20 CAD - 19 CAD 0.0% - - 0
12 Sep 2025 20 CAD - 19 CAD 0.0% - - 0
19 Sep 2025 20 CAD - 20 CAD 1.1% - - 100
26 Sep 2025 20 CAD - 20 CAD 0.0% - - 0
3 Oct 2025 21 CAD - 20 CAD 6.6% - - 700
10 Oct 2025 21 CAD - 20 CAD 0.0% - - 0
17 Oct 2025 21 CAD - 20 CAD 0.3% - - 2.9K
24 Oct 2025 21 CAD - 20 CAD 0.9% - - 1.0K
31 Oct 2025 21 CAD - 20 CAD 0.0% - - 0
7 Nov 2025 21 CAD - 20 CAD -1.1% - - 100
14 Nov 2025 22 CAD - 20 CAD 4.4% - - 100
21 Nov 2025 23 CAD - 20 CAD 2.5% 0.68 - 6.6K
28 Nov 2025 23 CAD 20 CAD 20 CAD 0.7% 0.89 - 202
5 Dec 2025 22 CAD 20 CAD 20 CAD -0.9% 0.90 - 494
12 Dec 2025 22 CAD 20 CAD 20 CAD -3.1% 0.87 - 6.2K
19 Dec 2025 22 CAD 20 CAD 20 CAD 0.5% 0.72 - 200
26 Dec 2025 22 CAD 20 CAD 20 CAD 1.6% 0.63 - 100
2 Jan 2026 22 CAD 21 CAD 20 CAD -0.4% 0.51 - 1.4K
9 Jan 2026 23 CAD 21 CAD 20 CAD 3.3% 0.50 - 3.0K
16 Jan 2026 23 CAD 21 CAD 21 CAD -0.4% 0.53 - 1.8K
23 Jan 2026 23 CAD 21 CAD 21 CAD -0.6% 0.48 - 2.0K
30 Jan 2026 23 CAD 21 CAD 21 CAD -0.7% 0.43 - 10.8K
6 Feb 2026 23 CAD 21 CAD 21 CAD 0.7% 0.27 - 8.3K
13 Feb 2026 23 CAD 21 CAD 21 CAD -0.5% 0.06 - 1.2K
20 Feb 2026 23 CAD 21 CAD 21 CAD 0.0% -0.17 - 0
27 Feb 2026 23 CAD 21 CAD 21 CAD 0.0% -0.39 - 2.5K
6 Mar 2026 22 CAD 21 CAD 21 CAD -4.1% -0.76 - 4.2K
13 Mar 2026 22 CAD 22 CAD 21 CAD 0.5% -1.01 - 7.9K
20 Mar 2026 21 CAD 22 CAD 21 CAD -1.1% -1.28 - 201
27 Mar 2026 21 CAD 22 CAD 21 CAD 0.0% -1.54 - 0
3 Apr 2026 22 CAD 22 CAD 21 CAD 1.3% -1.57 - 500
10 Apr 2026 22 CAD 22 CAD 21 CAD 0.0% -1.56 - 1.0K
17 Apr 2026 22 CAD 22 CAD 21 CAD -1.2% -1.57 - 600
24 Apr 2026 21 CAD 22 CAD 21 CAD -3.3% -1.58 - 3.4K
1 May 2026 21 CAD 22 CAD 21 CAD -0.5% -1.68 -12.31 0
8 May 2026 20 CAD 22 CAD 21 CAD -2.3% -1.84 -14.43 100
15 May 2026 20 CAD 22 CAD 21 CAD 0.7% -1.89 -12.86 450
22 May 2026 21 CAD 22 CAD 21 CAD 1.5% -1.86 -12.86 437
29 May 2026 21 CAD 22 CAD 21 CAD 1.3% -1.64 -12.17 1.4K
5 Jun 2026 20 CAD 22 CAD 21 CAD -2.9% -1.49 -13.46 0
12 Jun 2026 21 CAD 22 CAD 21 CAD 5.1% -1.12 -10.07 0
19 Jun 2026 21 CAD 22 CAD 21 CAD -1.4% -0.84 -11.13 100
26 Jun 2026 21 CAD 22 CAD 21 CAD 0.0% -0.63 -10.85 0
3 Jul 2026 23 CAD 22 CAD 21 CAD 9.7% -0.04 -2.75 2.2K
10 Jul 2026 23 CAD 22 CAD 21 CAD 0.0% 0.29 -2.69 350
17 Jul 2026 23 CAD 22 CAD 21 CAD -2.1% 0.62 -4.38 816
24 Jul 2026 22 CAD 22 CAD 21 CAD -2.0% 0.81 -6.33 117