BETAPRO S&P/TSX 60 -2X DAILY (CNDD.CA) Stock Technical Analysis
TSX:CNDD - Toronto Stock Exchange - CA08660R3027 - ETF - Currency: CAD
Overall CNDD gets a technical rating of 1 out of 10. In the last year, CNDD 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, CNDD is a bad performer in the overall market: 100% of all stocks are doing better.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
In the last month CNDD has a been trading in a tight range between 19.22 and 20.37.
CNDD has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. 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
19.05
20.64
We found 1 important support area.
- A support zone ranging from 19.24 to 19.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 19.50 to 20.44. 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 CNDD.CA is up. |
| 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) | 32.17 | NEUTRAL | The RSI value for CNDD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CNDD.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 12.17 | OVERSOLD | The low Stochastics value suggests CNDD.CA may be oversold. |
| Average True Range in percent/ATR (20) | 1.29 | LOW VOLATILITY | The low ATR as a percentage value for CNDD.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 29.73 | 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 (7/14/2025, 7:00:00 PM)
19.25
-0.27 (-1.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.36%
1 Week-1.08%
2 Weeks-3.41%
1 Month-4.7%
3 Month-19.72%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%1.29%
ATR Inc2.53%
Range Today0.31
ADR(20)0.23
ADR(20)%1.2%
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 High19.95
10 Day Low19.22
20 Day High20.37
20 Day Low19.22
52 Week HighN/A
52 Week LowN/A
CS1 End19.24
CR1 Start19.5
Volume & EV
DER(3)2.69%
DER(5)4.33%
Volume50.34K
Volume Incr-26.01%
Vol(5)62.81K
Vol(50)94.15K