HAMILTON CAN BANK EQ WGHT-E (HEB.CA) Stock Technical Analysis
TSX:HEB - Toronto Stock Exchange - CA40704N1042 - ETF - Currency: CAD
Overall HEB gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HEB is showing a nice and steady performance.
Warning: HEB has an average volume of 2924 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, HEB did better than 74% of all other stocks. We also observe that the gains produced by HEB over the past year are nicely spread over this period.
A new 52 week high is currently being made by HEB, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month HEB has a been trading in the 20.79 - 22.07 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Although HEB has an excellent technical rating, it does not present a decent entry opportunity 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
18.40
22.29
When analyzing the support we can see 2 important areas.
- A support zone ranging from 20.62 to 20.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.59 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.07 to 22.07. 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 | 74.1 | POSITIVE | HEB.CA has a high relative strength, it outperformed 74.1% off all stocks 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) | 79.37 | OVERBOUGHT | The high RSI value suggests HEB.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests HEB.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 98.51 | OVERBOUGHT | The high Stochastics value suggests HEB.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.57 | LOW VOLATILITY | The low ATR as a percentage value for HEB.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 53.39 | POSITIVE | The high ADX value value for HEB.CA suggests a strong 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:HEB (7/23/2025, 7:00:00 PM)
22.06
+0.08 (+0.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.36%
1 Week1.43%
2 Weeks1.66%
1 Month6.16%
3 Month17.34%
6 Month10.02%
12 Month29.08%
2 Year35.59%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%0.57%
ATR Inc-39.39%
Range Today0.02
ADR(20)0.07
ADR(20)%0.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.1
Mansfield0.39
10 Day High22.08
10 Day Low21.59
20 Day High22.08
20 Day Low20.79
52 Week High22.08
52 Week Low0
CS1 End20.92
CR1 Start22.07
Volume & EV
DER(3)1.3%
DER(5)2.19%
Volume5.11K
Volume Incr82.71%
Vol(5)5.15K
Vol(50)2.92K