HAMILTON CANADIAN BANK MEAN (HCA.CA) Stock Technical Analysis
TSX:HCA - Toronto Stock Exchange - CA40704K1003 - ETF - Currency: CAD
Overall HCA gets a technical rating of 10 out of 10. Both in the recent history as in the last year, HCA has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, HCA also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 25.53. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.47, a Stop Loss order could be placed below this zone.
More info and screens
21.86
We found 4 important support areas.
- A support zone ranging from 25.30 to 25.47. 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 23.78 to 24.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @22.67 from a trend line in the weekly time frame.
- Support @22.08 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 25.53 to 25.57. 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 HCA.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HCA.CA is up. |
| ChartMill Relative Strength | 76.67 | POSITIVE | HCA.CA has a high relative strength, it outperformed 76.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HCA.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HCA.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HCA.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.26 | NEUTRAL | The RSI value for HCA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests HCA.CA has a negative trend. |
| Stochastics (14,3) | 88.32 | OVERBOUGHT | The high Stochastics value suggests HCA.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.57 | LOW VOLATILITY | The low ATR as a percentage value for HCA.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 42.18 | POSITIVE | The high ADX value value for HCA.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 |
|---|---|---|---|
| 25.58 | 25.29 | 0.29 (1.13%) | 25.00% |
| An entry @25.58. This is a Buy Stop order right above the resistance zone. | An exit @25.29. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.29 points, which is 1.13%. | For a 0.28% 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.
TSX:HCA (6/19/2025, 7:00:00 PM)
25.52
-0.05 (-0.2%)