BETAPRO S&P/TSX 60 -2X DAILY (CNDD.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:CNDD - CA08660R3027 - ETF
Overall CNDD gets a technical rating of 0 out of 10. 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. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for CNDD in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
13.94
We found 1 important support area.
- A support zone ranging from 14.08 to 14.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 14.36 to 14.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 16.05 to 16.29. This zone is formed by a combination of multiple trend lines 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 | 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). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CNDD.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.64 | NEUTRAL | The RSI value for CNDD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CNDD.CA has a negative trend. |
| Stochastics (14,3) | 16.96 | OVERSOLD | The low Stochastics value suggests CNDD.CA may be oversold. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for CNDD.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 26.4 | POSITIVE | The high ADX value value for CNDD.CA suggests a strong trend. |
TSX:CNDD (12/24/2025, 7:00:00 PM)
14.11
+0.02 (+0.14%)
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 0 / 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 34.6432. 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 -0.0179412, 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 negative.