Keen Investors Taking a Look at SPDR MSCI Canada StrategicFactors ETF (:QCAN) and iShares Global Materials ETF (ASX:MXI)

Are shares of SPDR MSCI Canada StrategicFactors ETF (:QCAN) ready to make a move?  Increased volatility and interest from bargain investors have put the stock on a number of investor’s watchlists of late.  The stock is pricing at $61.65 after moving 0.26% from the opening bell. 

Equity markets can move in an instant, requiring investors to always stay on their toes. Most sudden stock spikes or drops require the attention of anyone who is keeping a keen eye on the shares. What may go somewhat undetected is the slow and steady rise or fall of a particular stock. Sometimes it can be difficult to decipher fact from fiction in the markets. Why is a company that consistently produces strong returns going down? Why are the underperforming company shares moving higher? While there may be no clear cut answers to the questions, professional investors work endlessly to make sense of equity market nuances.

Based on recent analysis, SPDR MSCI Canada StrategicFactors ETF (:QCAN) shares have been seen trading -1.38% off of the 50-day peak and 3.91% away from the 50-day bottom. In terms of the stock price in relation to its moving averages, company shares are 1.18% away from the 20-day moving average and 1.91% off of the 50-day average. If we take a longer approach, shares have been trading 7.55% away from the 200-day moving average.

Occasionally investors may be looking to shift their stock strategy. Maybe one plan worked for a period of time, but now economic conditions have shifted and a change is required. Whatever the case, the primary goal is typically to maximize profits. Finding a winning investing strategy may not happen immediately. Navigating the sometimes murky economic waters can be a struggle. Staying afloat may depend on many factors, but doing homework and studying all the available information is essential.

Over the last year, SPDR MSCI Canada StrategicFactors ETF (:QCAN)’s stock has performed
13.74%. For the last six months, the stock has performed 11.84%. From the start of the calendar year, shares have been 0.54%. Zooming in closer, company stock has been 2.64% for the quarter, 1.73% over the past month, and -0.93% over the past week.

iShares Global Materials ETF (ASX:MXI) stock is pricing at $74.22 after moving 0.35% thus far this session.  Technical levels will be in focus as the volatility has increased given recent attention.  

After a recent check, shares of iShares Global Materials ETF (ASX:MXI) have been seen trading 0.80% off of the 50-day high and 12.79% away from the 50-day low. In terms of the stock price in relation to its moving averages, company shares are 5.35% away from the 20-day moving average and 8.02% off of the 50-day average. If we take a wider approach, shares have been trading 16.40% away from the 200-day moving average.

Over the last year, iShares Global Materials ETF (ASX:MXI)’s stock has performed 28.31%. For the last six months, the stock has performed 19.32%. From the start of the calendar year, shares have been 4.99%. Zooming in closer, company stock has been 10.82% for the quarter, 8.85% over the past month, and 1.71% over the past week.