BETAPRO S&P/TSX 60 2X DB ETF (CNDU.CA) Stock Technical Analysis
Canada - TSX:CNDU - CA08662W2004 - ETF
38.7 CAD
+1.17 (+3.12%)
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.
100% of all other stocks performed better in the past year than CNDU.
Warning: CNDU has an average volume of 18627 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month CNDU has a been trading in the 36.33 - 39.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
33.20
39.09
When analyzing the support we can see 3 important areas.
- A support zone ranging from 37.52 to 38.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.83 from a trend line in the daily time frame.
- Support @33.54 from a trend 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). |
| Relative Strength Index/RSI (14) | 60.8 | NEUTRAL | The RSI value for CNDU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests CNDU.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.6 | NEUTRAL | The Stochastics value for CNDU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.62 | LOW VOLATILITY | The low ATR as a percentage value for CNDU.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 50.76 | 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 (10/14/2025, 7:00:00 PM)
38.7
+1.17 (+3.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.12%
1 Week-2%
2 Weeks1.68%
1 Month5.08%
3 Month20%
6 Month50.53%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.65
ATR(20)%1.62%
ATR Inc131.2%
Range Today1.24
ADR(20)0.55
ADR(20)%1.42%
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 High39.85
10 Day Low37.53
20 Day High39.85
20 Day Low36.33
52 Week HighN/A
52 Week LowN/A
CS1 End38.09
CR1 StartN/A
Volume & EV
DER(3)-3.7%
DER(5)-3.64%
Volume30.33K
Volume Incr9.94%
Vol(5)19.84K
Vol(50)18.63K