BETAPRO S&P/TSX 60 -2X DAILY (CNDD.CA) Stock Technical Analysis
Canada - TSX:CNDD - CA08660R3027 - ETF
16.16 CAD
-0.49 (-2.94%)
We assign a technical rating of 0 out of 10 to CNDD. CNDD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
100% of all other stocks performed better in the past year than CNDD.
In the last month CNDD has a been trading in the 16.44 - 18.35 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of CNDD 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
16.00
18.88
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 16.49 to 16.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.13 to 18.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.69 from a trend line in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for CNDD.CA is down. |
| 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) | DOWN | NEGATIVE | The current price of CNDD.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CNDD.CA is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 24.15 | OVERSOLD | The low RSI value suggests CNDD.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CNDD.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.92 | OVERSOLD | The low Stochastics value suggests CNDD.CA may be oversold. |
| Average True Range in percent/ATR (20) | 1.43 | LOW VOLATILITY | The low ATR as a percentage value for CNDD.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 59.58 | POSITIVE | The high ADX value value for CNDD.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:CNDD (9/19/2025, 7:00:00 PM)
16.16
-0.49 (-2.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.94%
1 Week-0.57%
2 Weeks-3.34%
1 Month-9.84%
3 Month-18.6%
6 Month-28.48%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%1.43%
ATR Inc13.02%
Range Today0.33
ADR(20)0.22
ADR(20)%1.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High17.15
10 Day Low16.44
20 Day High18.35
20 Day Low16.44
52 Week HighN/A
52 Week LowN/A
CS1 End16.49
CR1 Start18.13
Volume & EV
DER(3)-0.95%
DER(5)-0.3%
Volume109.94K
Volume Incr3.05%
Vol(5)83.05K
Vol(50)90.60K