HAMILTON CANADIAN FIN YLD (HMAX.CA) Stock Technical Analysis
TSX:HMAX - CA40704M1068 - ETF
14.99 CAD
-0.11 (-0.73%)
Taking everything into account, HMAX scores 7 out of 10 in our technical rating. Although HMAX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
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.
In the last month HMAX has a been trading in the 14.35 - 15.24 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
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 43% of all stocks.
Although HMAX has an excellent technical rating, it does not offer a high quality setup 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
12.86
15.28
When analyzing the support we can see 3 important areas.
- A support zone ranging from 14.28 to 14.90. 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 15.00 to 15.13. 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 HMAX.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HMAX.CA is up. |
| ChartMill Relative Strength | 43.52 | NEUTRAL | HMAX.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HMAX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HMAX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HMAX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.75 | NEUTRAL | The RSI value for HMAX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests HMAX.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.45 | NEUTRAL | The Stochastics value for HMAX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.78 | LOW VOLATILITY | The low ATR as a percentage value for HMAX.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 22 | NEUTRAL | The ADX value for HMAX.CA suggests a possible start of a new 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:HMAX (8/29/2025, 7:00:00 PM)
14.99
-0.11 (-0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.73%
1 Week0.64%
2 Weeks1.28%
1 Month2.88%
3 Month4.97%
6 Month4.17%
12 Month7.15%
2 Year7.61%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%0.78%
ATR Inc113.28%
Range Today0.11
ADR(20)0.1
ADR(20)%0.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.52
Mansfield-0.48
10 Day High15.24
10 Day Low14.75
20 Day High15.24
20 Day Low14.35
52 Week High15.24
52 Week Low12.44
CS1 End14.9
CR1 Start15
Volume & EV
DER(3)-3.26%
DER(5)-4.76%
Volume224.88K
Volume Incr27.36%
Vol(5)368.94K
Vol(50)307.74K