BETAPRO GOLD BULLION -2X DAI (GLDD.CA) Stock Technical Analysis
TSX:GLDD - Toronto Stock Exchange - CA08663T1158 - ETF - Currency: CAD
Overall GLDD gets a technical rating of 2 out of 10. In the last year, GLDD 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, GLDD is a bad performer in the overall market: 100% of all stocks are doing better.
Warning: GLDD has an average volume of 17904 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
In the last month GLDD has a been trading in the 15.38 - 17.05 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
The technical rating of GLDD is bad and it also does not present a quality setup 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
15.25
17.22
2 important support areas can be observed.
- Strong support @15.78 from a horizontal line in the daily time frame.
- A support zone ranging from 15.40 to 15.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 16.23 to 16.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 17.00 to 17.05. 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 GLDD.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GLDD.CA is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | GLDD.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 GLDD.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GLDD.CA is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 48.06 | NEUTRAL | The RSI value for GLDD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests GLDD.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.85 | NEUTRAL | The Stochastics value for GLDD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for GLDD.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 11.21 | NEGATIVE | The low ADX value for GLDD.CA suggests a weak or negative 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:GLDD (8/1/2025, 7:00:00 PM)
16.19
-0.56 (-3.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.34%
1 Week-1.04%
2 Weeks0.06%
1 Month-1.4%
3 Month-7.85%
6 Month-30.16%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%2.02%
ATR Inc40.76%
Range Today0.18
ADR(20)0.15
ADR(20)%0.95%
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 High17.05
10 Day Low15.38
20 Day High17.05
20 Day Low15.38
52 Week HighN/A
52 Week LowN/A
CS1 End15.78
CR1 Start16.23
Volume & EV
DER(3)3.15%
DER(5)1.45%
Volume9.97K
Volume Incr-0.23%
Vol(5)6.46K
Vol(50)17.90K