BETAPRO S&P/TSX 60 2X DB ETF (CNDU.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:CNDU - CA08662W2004 - ETF
Overall CNDU gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CNDU is a bad performer.
Although CNDU has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
37.10
We found 3 important support areas.
- A support zone ranging from 41.78 to 42.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 40.13 to 40.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 37.47 to 37.68. 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 43.28 to 43.28. 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 | UP | POSITIVE | The long term trend for CNDU.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNDU.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CNDU.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CNDU.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CNDU.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CNDU.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.51 | NEUTRAL | The RSI value for CNDU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CNDU.CA has a positive trend. |
| Stochastics (14,3) | 77.46 | NEUTRAL | The Stochastics value for CNDU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.47 | LOW VOLATILITY | The low ATR as a percentage value for CNDU.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 24.74 | NEUTRAL | The ADX value for CNDU.CA suggests a possible start of a new trend. |
TSX:CNDU (1/5/2026, 7:00:00 PM)
43.27
+0.91 (+2.15%)
BETAPRO S&P/TSX 60 2X DB ETF / CNDU.CA FAQ
What is the ChartMill technical rating of BETAPRO S&P/TSX 60 2X DB ETF (CNDU.CA) stock?
ChartMill assigns a technical rating of 7 / 10 to CNDU.CA.
Can you provide the trend direction for BETAPRO S&P/TSX 60 2X DB ETF?
The current trend direction for BETAPRO S&P/TSX 60 2X DB ETF (CNDU.CA) is Bullish.
Can you provide the RSI signal for BETAPRO S&P/TSX 60 2X DB ETF?
BETAPRO S&P/TSX 60 2X DB ETF (CNDU.CA) has an RSI value of 67.5073. This indicates that the stock is currently neutral.
What is the MACD signal for BETAPRO S&P/TSX 60 2X DB ETF (CNDU.CA) stock?
The MACD indicator for BETAPRO S&P/TSX 60 2X DB ETF (CNDU.CA) has a value of 0.0194244, indicating a bearish trend.
Can you provide the support and resistance levels for BETAPRO S&P/TSX 60 2X DB ETF?
BETAPRO S&P/TSX 60 2X DB ETF (CNDU.CA) has a support level at 42.39 and a resistance level at 43.28. Check the full technical report for our detailed analysis of CNDU.CA support and resistance levels.