BETAPRO S&P/TSX 60 2X DB ETF (CNDU.CA) Stock Technical Analysis
TSX:CNDU - Toronto Stock Exchange - CA08662W2004 - ETF - Currency: CAD
Taking everything into account, CNDU scores 7 out of 10 in our technical rating. 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.
When comparing the yearly performance of all stocks, CNDU is a bad performer in the overall market: 100% of all stocks are doing better.
Warning: CNDU has an average volume of 21132 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!
In the last month CNDU has a been trading in the 30.25 - 32.64 range, which is quite wide. It is currently trading near the high of this range.
Although CNDU has an excellent technical rating, the quality of the presented setup is not ideal 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
30.04
32.57
We found 2 important support areas.
- A support zone ranging from 31.31 to 31.75. 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 30.34 to 30.47. 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 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). |
| Relative Strength Index/RSI (14) | 64.86 | NEUTRAL | The RSI value for CNDU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CNDU.CA has a positive trend. |
| Stochastics (14,3) | 88.63 | OVERBOUGHT | The high Stochastics value suggests CNDU.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.31 | LOW VOLATILITY | The low ATR as a percentage value for CNDU.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 34.57 | POSITIVE | The high ADX value value for CNDU.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:CNDU (7/18/2025, 7:00:00 PM)
32.25
-0.26 (-0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.8%
1 Week2.48%
2 Weeks2.02%
1 Month6.23%
3 Month25.44%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%1.31%
ATR Inc44.01%
Range Today0.42
ADR(20)0.39
ADR(20)%1.21%
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 High32.64
10 Day Low31.2
20 Day High32.64
20 Day Low30.25
52 Week HighN/A
52 Week LowN/A
CS1 End31.75
CR1 StartN/A
Volume & EV
DER(3)-4.77%
DER(5)-2.43%
Volume9.73K
Volume Incr-25.74%
Vol(5)15.07K
Vol(50)21.13K