HAMILTON CANDIN FIN INDX ETF (HFN.CA) Stock Technical Analysis
TSX:HFN - Toronto Stock Exchange - CA4069101091 - ETF - Currency: CAD
We assign a technical rating of 6 out of 10 to HFN. In the last year, HFN was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, HFN does present a nice setup opportunity. 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 17.13. Right above this resistance zone may be a good entry point.
More info and screens
16.85
We found 1 important resistance area.
- A resistance zone ranging from 17.13 to 17.15. 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 HFN.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HFN.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | HFN.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HFN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HFN.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 63.12 | NEUTRAL | The RSI value for HFN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests HFN.CA has a negative trend. |
| Stochastics (14,3) | 57.91 | NEUTRAL | The Stochastics value for HFN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.43 | LOW VOLATILITY | The low ATR as a percentage value for HFN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 35.58 | POSITIVE | The high ADX value value for HFN.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 |
|---|---|---|---|
| 17.16 | 16.91 | 0.25 (1.46%) | 25.00% |
| An entry @17.16. This is a Buy Stop order right above the resistance zone. | An exit @16.91. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.25 points, which is 1.46%. | For a 0.36% 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:HFN (6/19/2025, 7:00:00 PM)
17.02
-0.03 (-0.18%)