BetaPro Equal Weight Canadian Bank -2x Daily Bear ETF (ATMD.CA) Stock Technical Analysis
TSX:ATMD • CA08664V1013
Taking everything into account, ATMD scores 1 out of 10 in our technical rating. In the last year, ATMD was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- When comparing the yearly performance of all stocks, ATMD is a bad performer in the overall market: 100% of all stocks are doing better.
- In the last month ATMD has a been trading in the 9.67 - 15.78 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
The technical rating of ATMD is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
9.56
We found 1 important support area.
- A support zone ranging from 9.66 to 9.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 10.23 to 10.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ATMD.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ATMD.CA is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | ATMD.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ATMD.CA is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 26.42 | OVERSOLD | The low RSI value suggests ATMD.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests ATMD.CA has a negative trend, although the MACD value is rising. |
| Average True Range in percent/ATR (20) | 3.99 | MEDIUM VOLATILITY | The ATR as a percentage value for ATMD.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 40.15 | POSITIVE | The high ADX value value for ATMD.CA suggests a strong trend. |
BetaPro Equal Weight Canadian Bank -2x Daily Bear ETF
TSX:ATMD (8/12/2025, 7:00:00 PM)
9.67
-0.13 (-1.33%)
BetaPro Equal Weight Canadian Bank -2x Daily Bear ETF / ATMD.CA FAQ
What is the technical rating for ATMD stock?
ChartMill assigns a technical rating of 1 / 10 to ATMD.CA.
Can you provide the trend direction for BetaPro Equal Weight Canadian Bank -2x Daily Bear ETF?
The current trend direction for BetaPro Equal Weight Canadian Bank -2x Daily Bear ETF (ATMD.CA) is Bullish.
Can you provide the RSI signal for BetaPro Equal Weight Canadian Bank -2x Daily Bear ETF?
BetaPro Equal Weight Canadian Bank -2x Daily Bear ETF (ATMD.CA) has an RSI value of 26.4231. This indicates that the stock is currently oversold.
What is the MACD signal for ATMD stock?
The MACD indicator for BetaPro Equal Weight Canadian Bank -2x Daily Bear ETF (ATMD.CA) has a value of -0.24016, indicating a bearish trend.
What is the support and resistance level for ATMD stock?
BetaPro Equal Weight Canadian Bank -2x Daily Bear ETF (ATMD.CA) has a support level at 9.66 and a resistance level at 10.23. Check the full technical report for our detailed analysis of ATMD.CA support and resistance levels.