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HAMILTON CANADIAN FIN YLD (HMAX.CA) Stock Technical Analysis

TSX:HMAX - Toronto Stock Exchange - CA40704M1068 - ETF - Currency: CAD

14.645  -0.07 (-0.44%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to HMAX. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HMAX is only an average performer.

Both the short term and long term trends are positive. This is a very positive sign.
HMAX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HMAX is lagging the market slightly.
When comparing the performance of all stocks over the past year, HMAX turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
In the last month HMAX has a been trading in a tight range between 14.26 and 14.74.
Weekly and Daily overview Charts
HAMILTON CANADIAN FIN YLD / HMAX Weekly stock chart
HAMILTON CANADIAN FIN YLD / HMAX Daily stock chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, HMAX also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 14.64, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

12.86

15.19

3 important support areas can be observed.

  • A support zone ranging from 14.33 to 14.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @13.21 from a horizontal line in the weekly time frame.
  • Support @12.99 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 14.93 to 15.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for HMAX.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for HMAX.CA is up.
ChartMill Relative Strength50.08NEUTRALHMAX.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of HMAX.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of HMAX.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of HMAX.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)59.85NEUTRALThe RSI value for HMAX.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests HMAX.CA has a negative trend.
Stochastics (14,3)82.27OVERBOUGHTThe high Stochastics value suggests HMAX.CA may be overbought.
Average True Range in percent/ATR (20)0.7LOW VOLATILITYThe low ATR as a percentage value for HMAX.CA suggests low volalility.
Average Directional Index/ADX (14)19.17NEGATIVEThe low ADX value for HMAX.CA suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
14.7514.500.25 (1.69%)25.00%
An entry @14.75. This is a Buy Stop order right above the 10 day high.An exit @14.50. 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 1.69%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.42%.

  • 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.
HAMILTON CANADIAN FIN YLD / HMAX Daily stock chart

HAMILTON CANADIAN FIN YLD

TSX:HMAX (7/11/2025, 7:00:00 PM)

14.645

-0.07 (-0.44%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.44%
1 Week-0.1%
2 Weeks0.17%
1 Month1.81%
3 Month12.65%
6 Month1.49%
12 Month7.05%
2 Year-0.44%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%0.7%
ATR Inc11.19%
Range Today0.05
ADR(20)0.09
ADR(20)%0.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.08
Mansfield-0.48
10 Day High14.74
10 Day Low14.51
20 Day High14.74
20 Day Low14.26
52 Week High15.06
52 Week Low12.44
CS1 End14.64
CR1 Start14.93
Volume & EV
DER(3)-3.63%
DER(5)-1.72%
Volume288.31K
Volume Incr-5.07%
Vol(5)283.24K
Vol(50)272.56K