BETAPRO S&P/TSX 60 -2X DAILY (CNDD.CA) Stock Technical Analysis
Canada - TSX:CNDD - CA08660R3027 - ETF
Taking everything into account, CNDD scores 1 out of 10 in our technical rating. CNDD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, CNDD does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 16.05. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.92, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
14.98
2 important support areas can be observed.
- Support @15.47 from a horizontal line in the weekly time frame.
- Support @15.13 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.70 to 16.41. 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 | DOWN | NEGATIVE | The long term trend for CNDD.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CNDD.CA is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | CNDD.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CNDD.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CNDD.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CNDD.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.06 | NEUTRAL | The RSI value for CNDD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CNDD.CA has a positive trend. |
| Stochastics (14,3) | 56.06 | NEUTRAL | The Stochastics value for CNDD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for CNDD.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.99 | NEGATIVE | The low ADX value for CNDD.CA suggests a weak or negative trend. |
TSX:CNDD (11/21/2025, 7:00:00 PM)
15.68
0 (0%)
BETAPRO S&P/TSX 60 -2X DAILY / CNDD.CA FAQ
Can you provide the ChartMill technical rating for BETAPRO S&P/TSX 60 -2X DAILY?
ChartMill assigns a technical rating of 1 / 10 to CNDD.CA.
What is the trend direction for CNDD stock?
The current trend direction for BETAPRO S&P/TSX 60 -2X DAILY (CNDD.CA) is Bearish.
What is the RSI signal for BETAPRO S&P/TSX 60 -2X DAILY (CNDD.CA) stock?
BETAPRO S&P/TSX 60 -2X DAILY (CNDD.CA) has an RSI value of 52.0554. This indicates that the stock is currently neutral.
What is the MACD signal for CNDD stock?
The MACD indicator for BETAPRO S&P/TSX 60 -2X DAILY (CNDD.CA) has a value of 0.0406181, indicating a bearish trend.
What is the short term momentum for CNDD stock?
The short term momentum for BETAPRO S&P/TSX 60 -2X DAILY (CNDD.CA) is neutral.