🇨🇦 Canada ETF Radar · TOR

RNCL

Global X Enhanced Equal Weight Canadian Telecommunications Covered Call ETF

Country / Region · Unclassified · Unclassified

Risk watch
Country Radar Open Chart
Recent price path RNCL recent weekly close path 17 CAD 24 Jul 2026
Weekly Return -3.0% latest completed week
4-Week Return -9.1% short momentum
Trend Gap -12.9% Trend negative
Fair Gap -14.0% vs fair value
Volume 0.8x 6.6K latest
Market Dynamics -1.06 negative
Relative Strength -23.32 vs country ETF tape
Opportunity -39.4 composite radar score
Risk 30.0 -20.9% drawdown · 3.1% volatility
Price Action

Price, Trend Line, Fair Value

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

Pressure, strength, volume

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

What it shows

High risk score

Risk is elevated; weak trend or recent selling pressure is dominating the ETF tape.

Weak trend, selling pressure, or tactical exposure is elevated.

RNCL sits in Country / Region, so read it as a Canada exposure first and a single ETF second.

The latest week moved -3.0%; the four-week move is -9.1%, which helps separate one-week noise from actual follow-through.

Trend is negative, volume is running at 0.8x, and Market Dynamics is not showing a buy signal.

Opportunity Signals

What could be improving

  • No high-conviction opportunity signal yet.
Risk Signals

What needs caution

  • Market Dynamics is still negative
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 · Country / Region 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 BNKL · TOR Global X Enhanced Equal Weight Banks Index ETF 🇨🇦 Canada · Country / Region Volume is expanding versus normal activity, which can mark institutional attention or stress. Week -3.1% 4W 1.4% Vol 1.7x -3.1% 3 ZYNS · TOR Philip Morris International Inc. 🇨🇦 Canada · Country / Region Trend and recent returns are aligned, so demand is still moving in the same direction. Week 2.2% 4W 7.3% Vol 1.7x 2.2% 4 UTIL · TOR Global X Equal Weight Canadian Utilities Index ETF 🇨🇦 Canada · Country / Region 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% 5 BKCL · TOR Global X Enhanced Equal Weight Canadian Banks Covered Call ETF 🇨🇦 Canada · Country / Region Volume is expanding versus normal activity, which can mark institutional attention or stress. Week -2.0% 4W 1.8% Vol 1.7x -2.0% 6 HBNK · TOR Global X Equal Weight Banks Index ETF 🇨🇦 Canada · Country / Region Balanced read: watch trend, volume, and four-week follow-through for the next clue. Week -2.7% 4W 1.5% Vol 1.5x -2.7% 7 SAFE · TOR Global X Equal Weight Canadian Insurance Index ETF 🇨🇦 Canada · Country / Region Trend and recent returns are aligned, so demand is still moving in the same direction. Week 0.1% 4W 3.7% Vol 0.3x 0.1% 8 HFG · TOR Hamilton Global Financials ETF 🇨🇦 Canada · Country / Region 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 BKCC · TOR Global X Equal Weight Canadian Bank Covered Call ETF 🇨🇦 Canada · Country / Region Volume is expanding versus normal activity, which can mark institutional attention or stress. Week -1.8% 4W 1.5% Vol 2.3x -1.8% 10 CANL · TOR Global X Enhanced S&P/TSX 60 Index ETF 🇨🇦 Canada · Country / Region Volume is expanding versus normal activity, which can mark institutional attention or stress. Week -0.6% 4W 1.9% Vol 1.7x -0.6%
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 20 CAD · 1.3%
5 Dec 2025 Broke below Trend Line 20 CAD · -2.5%
30 Jan 2026 Crossed above Trend Line 20 CAD · 1.6%
6 Feb 2026 Broke below Trend Line 20 CAD · -0.9%
13 Feb 2026 Crossed above Trend Line 20 CAD · 1.5%
3 Apr 2026 Broke below Trend Line 20 CAD · -5.6%
29 May 2026 Crossed above Trend Line 20 CAD · 4.8%
5 Jun 2026 Broke below Trend Line 19 CAD · -1.8%
12 Jun 2026 Crossed above Trend Line 20 CAD · 1.5%
19 Jun 2026 Broke below Trend Line 19 CAD · -2.4%
RNCL

Recent weekly tape

Week Close Trend Line Fair Value Weekly Return Market Dynamics RS Volume
1 Aug 2025 20 CAD - 19 CAD % - - 2.4K
8 Aug 2025 20 CAD - 19 CAD -0.9% - - 301
15 Aug 2025 21 CAD - 19 CAD 6.5% - - 97.6K
22 Aug 2025 21 CAD - 19 CAD 1.4% - - 1.8K
29 Aug 2025 21 CAD - 19 CAD -1.5% - - 2.4K
5 Sep 2025 21 CAD - 19 CAD -0.2% - - 300
12 Sep 2025 21 CAD - 19 CAD -0.1% - - 919
19 Sep 2025 20 CAD - 19 CAD -2.2% - - 94.0K
26 Sep 2025 20 CAD - 19 CAD 0.5% - - 1.2K
3 Oct 2025 20 CAD - 19 CAD 0.4% - - 801
10 Oct 2025 21 CAD - 20 CAD 1.5% - - 2.4K
17 Oct 2025 21 CAD - 20 CAD -0.2% - - 500
24 Oct 2025 21 CAD - 20 CAD -0.4% - - 901
31 Oct 2025 21 CAD - 20 CAD -0.2% - - 500
7 Nov 2025 20 CAD - 20 CAD -1.2% - - 2.3K
14 Nov 2025 21 CAD - 20 CAD 0.9% - - 634
21 Nov 2025 20 CAD - 20 CAD -3.6% -0.45 - 20.2K
28 Nov 2025 20 CAD 20 CAD 20 CAD 1.3% -0.64 - 22.8K
5 Dec 2025 20 CAD 20 CAD 20 CAD -2.5% -0.79 - 815
12 Dec 2025 19 CAD 20 CAD 20 CAD -2.7% -0.99 - 1.2K
19 Dec 2025 19 CAD 20 CAD 20 CAD -0.7% -1.07 - 8.9K
26 Dec 2025 19 CAD 20 CAD 20 CAD 0.5% -1.17 - 4.1K
2 Jan 2026 20 CAD 20 CAD 20 CAD 3.1% -1.12 - 1.8K
9 Jan 2026 20 CAD 20 CAD 20 CAD 0.1% -1.05 - 580
16 Jan 2026 20 CAD 20 CAD 20 CAD 0.0% -1.00 - 305
23 Jan 2026 20 CAD 20 CAD 20 CAD 1.0% -0.89 - 280
30 Jan 2026 20 CAD 20 CAD 20 CAD 1.6% -0.71 - 1.7K
6 Feb 2026 20 CAD 20 CAD 20 CAD -0.9% -0.49 - 8.2K
13 Feb 2026 20 CAD 20 CAD 20 CAD 1.5% -0.20 - 4.2K
20 Feb 2026 20 CAD 20 CAD 20 CAD 0.2% 0.03 - 1.9K
27 Feb 2026 21 CAD 20 CAD 20 CAD 2.3% 0.19 - 3.8K
6 Mar 2026 21 CAD 20 CAD 20 CAD -0.3% 0.30 - 2.6K
13 Mar 2026 20 CAD 20 CAD 20 CAD -1.7% 0.38 - 5.4K
20 Mar 2026 20 CAD 20 CAD 20 CAD 0.7% 0.44 - 3.9K
27 Mar 2026 21 CAD 20 CAD 20 CAD 1.3% 0.42 - 139
3 Apr 2026 20 CAD 20 CAD 20 CAD -5.6% 0.26 - 2.2K
10 Apr 2026 18 CAD 20 CAD 20 CAD -9.2% -0.04 - 7.4K
17 Apr 2026 18 CAD 20 CAD 20 CAD 3.1% -0.33 - 5.6K
24 Apr 2026 19 CAD 20 CAD 20 CAD 2.9% -0.54 - 10.7K
1 May 2026 18 CAD 20 CAD 20 CAD -1.9% -0.70 -16.87 19.0K
8 May 2026 19 CAD 20 CAD 20 CAD 2.6% -0.74 -14.82 2.2K
15 May 2026 18 CAD 20 CAD 20 CAD -2.9% -0.79 -16.33 2.8K
22 May 2026 19 CAD 20 CAD 20 CAD 2.0% -0.84 -15.92 3.9K
29 May 2026 20 CAD 20 CAD 20 CAD 4.8% -0.67 -12.35 33.7K
5 Jun 2026 19 CAD 20 CAD 20 CAD -1.8% -0.56 -12.73 0
12 Jun 2026 20 CAD 20 CAD 20 CAD 1.5% -0.35 -12.37 400
19 Jun 2026 19 CAD 20 CAD 20 CAD -2.4% -0.23 -14.16 2.8K
26 Jun 2026 18 CAD 19 CAD 20 CAD -4.2% -0.33 -17.32 7.2K
3 Jul 2026 17 CAD 19 CAD 20 CAD -9.3% -0.52 -25.00 7.7K
10 Jul 2026 17 CAD 19 CAD 20 CAD 1.9% -0.78 -23.13 6.1K
17 Jul 2026 17 CAD 19 CAD 19 CAD 1.5% -0.88 -21.34 20.7K
24 Jul 2026 17 CAD 19 CAD 19 CAD -3.0% -1.06 -23.32 6.6K