HAMILTON CAN BANK EQ WGHT-E (HEB.CA) Stock Technical Analysis
Canada - TSX:HEB - CA40704N1042 - ETF
We assign a technical rating of 8 out of 10 to HEB. Although HEB is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
HEB has an excellent technical rating and 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 24.96. Right above this resistance zone may be a good entry point.
More info and screens
19.14
2 important support areas can be observed.
- A support zone ranging from 23.81 to 24.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.33 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 24.96 to 25.10. 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 HEB.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HEB.CA is up. |
| ChartMill Relative Strength | 69.47 | NEUTRAL | HEB.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HEB.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HEB.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HEB.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.29 | NEUTRAL | The RSI value for HEB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests HEB.CA has a negative trend. |
| Stochastics (14,3) | 72.51 | NEUTRAL | The Stochastics value for HEB.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.75 | LOW VOLATILITY | The low ATR as a percentage value for HEB.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 30.88 | POSITIVE | The high ADX value value for HEB.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 |
|---|---|---|---|
| 25.11 | 24.51 | 0.60 (2.39%) | 25.00% |
| An entry @25.11. This is a Buy Stop order right above the resistance zone. | An exit @24.51. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.60 points, which is 2.39%. | For a 0.60% 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:HEB (10/31/2025, 7:00:00 PM)
24.95
+0.06 (+0.24%)
HAMILTON CAN BANK EQ WGHT-E / HEB.CA FAQ
What is the technical rating for HEB stock?
ChartMill assigns a technical rating of 8 / 10 to HEB.CA.
What is the trend direction for HEB stock?
The current trend direction for HAMILTON CAN BANK EQ WGHT-E (HEB.CA) is Bullish.
What is the RSI signal for HAMILTON CAN BANK EQ WGHT-E (HEB.CA) stock?
HAMILTON CAN BANK EQ WGHT-E (HEB.CA) has an RSI value of 63.2888. This indicates that the stock is currently neutral.
What is the short term momentum for HAMILTON CAN BANK EQ WGHT-E (HEB.CA) stock?
The short term momentum for HAMILTON CAN BANK EQ WGHT-E (HEB.CA) is positive.
What is the buy/sell signal for HAMILTON CAN BANK EQ WGHT-E (HEB.CA) stock?
The buy/sell signal for HAMILTON CAN BANK EQ WGHT-E (HEB.CA) is buy as both the short term and long term trends are positive.