GLOBAL X CAND SEL UNIV IND C (HBB.CA) Stock Technical Analysis
Canada - TSX:HBB - CA37963J1057 - ETF
We assign a technical rating of 6 out of 10 to HBB. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, HBB is a bad performer.
HBB has an average technical rating and also 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
47.61
We found 1 important support area.
- A support zone ranging from 48.09 to 50.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 50.58 to 50.73. 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 HBB.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HBB.CA is up. |
| ChartMill Relative Strength | 33.97 | NEUTRAL | HBB.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HBB.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HBB.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HBB.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.49 | NEUTRAL | The RSI value for HBB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests HBB.CA has a negative trend. |
| Stochastics (14,3) | 59.92 | NEUTRAL | The Stochastics value for HBB.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.27 | LOW VOLATILITY | The low ATR as a percentage value for HBB.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 38.35 | POSITIVE | The high ADX value value for HBB.CA suggests a strong trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 50.74 | 50.43 | 0.31 (0.61%) | 25.00% |
| An entry @50.74. This is a Buy Stop order right above the resistance zone. | An exit @50.43. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.31 points, which is 0.61%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.15%. |
- 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.
TSX:HBB (10/31/2025, 7:00:00 PM)
50.545
0 (-0.01%)
GLOBAL X CAND SEL UNIV IND C / HBB.CA FAQ
What is the ChartMill technical rating of GLOBAL X CAND SEL UNIV IND C (HBB.CA) stock?
ChartMill assigns a technical rating of 6 / 10 to HBB.CA.
Can you provide the trend direction for GLOBAL X CAND SEL UNIV IND C?
The current trend direction for GLOBAL X CAND SEL UNIV IND C (HBB.CA) is Bullish.
Can you provide the RSI signal for GLOBAL X CAND SEL UNIV IND C?
GLOBAL X CAND SEL UNIV IND C (HBB.CA) has an RSI value of 59.4916. This indicates that the stock is currently neutral.
What is the short term momentum for GLOBAL X CAND SEL UNIV IND C (HBB.CA) stock?
The short term momentum for GLOBAL X CAND SEL UNIV IND C (HBB.CA) is positive.
What is the buy/sell signal for HBB stock?
The buy/sell signal for GLOBAL X CAND SEL UNIV IND C (HBB.CA) is buy as both the short term and long term trends are positive.