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GLOBAL X CAND SEL UNIV IND C (HBB.CA) Stock Technical Analysis

TSX:HBB - Toronto Stock Exchange - CA37963J1057 - ETF - Currency: CAD

49.49  0 (0%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to HBB. Although HBB is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Warning: HBB has an average volume of 19953 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 may just continue or reversal may be around the corner!
HBB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HBB is lagging the market slightly.
When compared to the yearly performance of all other stocks, HBB outperforms 45% of them, which is more or less in line with the market.
In the last month HBB has a been trading in a tight range between 48.67 and 50.32.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
GLOBAL X CAND SEL UNIV IND C / HBB Weekly stock chart
GLOBAL X CAND SEL UNIV IND C / HBB Daily stock chart
Setup Rating and Analysis

6

HBB has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 49.38, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

42.54

50.58

3 important support areas can be observed.

  • A support zone ranging from 47.64 to 49.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @46.61 from a horizontal line in the daily time frame.
  • A support zone ranging from 42.97 to 43.43. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 49.68 to 50.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.67
Mansfield-0.59
10 Day High50.32
10 Day Low49.22
20 Day High50.32
20 Day Low48.67
52 Week High50.32
52 Week Low45.35
Performance
1 Week-0.2%
2 Weeks-0.14%
1 Month1.48%
3 Month1.87%
6 Month2.04%
12 Month7.33%
2 Year9.9%
3 Year2.04%
5 Year-0.32%
10 Year13.28%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)54.54
LBB49.02
UBB50.14
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
49.6949.210.48 (0.96%)25.00%
An entry @49.69. This is a Buy Stop order right above the 10 day moving average.An exit @49.21. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.48 points, which is 0.96%.For a 0.24% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
GLOBAL X CAND SEL UNIV IND C / HBB Daily stock chart

GLOBAL X CAND SEL UNIV IND C

TSX:HBB (2/14/2025, 7:00:00 PM)

49.49

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-0.2%
2 Weeks-0.14%
1 Month1.48%
3 Month1.87%
6 Month2.04%
12 Month7.33%
2 Year9.9%
3 Year2.04%
5 Year-0.32%
10 Year13.28%
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%0.5%
ATR Inc-23.41%
Range Today0.09
ADR(20)0.18
ADR(20)%0.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.67
Mansfield-0.59
10 Day High50.32
10 Day Low49.22
20 Day High50.32
20 Day Low48.67
52 Week High50.32
52 Week Low45.35
CS1 End49.38
CR1 Start49.68
Volume & EV
DER(3)0.16%
DER(5)-0.37%
Volume12.34K
Volume Incr93.16%
Vol(5)33.12K
Vol(50)19.95K