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. Although CNDU is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 100% of all other stocks performed better in the past year than CNDU.
- Warning: CNDU has an average volume of 26870 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- CNDU is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month CNDU has a been trading in the 40.65 - 45.05 range, which is quite wide. It is currently trading near the high of this range.
CNDU has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
37.10
We found 2 important support areas.
- A support zone ranging from 40.99 to 43.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @37.47 from a horizontal 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 | 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) | 71.72 | OVERBOUGHT | The high RSI value suggests CNDU.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests CNDU.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.96 | OVERBOUGHT | The high Stochastics value suggests CNDU.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.38 | LOW VOLATILITY | The low ATR as a percentage value for CNDU.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 29.43 | POSITIVE | The high ADX value value for CNDU.CA suggests a strong trend. |
TSX:CNDU (1/15/2026, 7:00:00 PM)
44.9
+0.28 (+0.63%)
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 71.7203. This indicates that the stock is currently overbought.
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 0.130952, 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 43.84. Check the full technical report for our detailed analysis of CNDU.CA support and resistance levels.