BETAPRO CR OIL 2X DAILY BEAR (HOD.CA) Stock Technical Analysis
TSX:HOD - Toronto Stock Exchange - CA08664K3038 - ETF - Currency: CAD
We assign a technical rating of 0 out of 10 to HOD. HOD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, HOD is a bad performer in the overall market: 93% of all stocks are doing better.
HOD is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
HOD has an average volume of 1534260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month HOD has a been trading in the 4.31 - 5.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HOD has a poor technical rating and the quality of the setup is also only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
5.01
8.15
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 5.33 to 5.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 5.71 to 5.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.70 from a trend line in the weekly time frame.
- Resistance @8.07 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for HOD.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HOD.CA is down. |
| ChartMill Relative Strength | 7.97 | NEGATIVE | HOD.CA has a low relative strength, it was outperformed by 92.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HOD.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HOD.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HOD.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.36 | NEUTRAL | The RSI value for HOD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests HOD.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 51.67 | NEUTRAL | The Stochastics value for HOD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.59 | HIGH VOLATILITY | The high ATR as a percentage value for HOD.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.83 | NEUTRAL | The ADX value for HOD.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:HOD (7/11/2025, 7:00:00 PM)
5.06
-0.26 (-4.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-4.8%
1 Week-6.47%
2 Weeks-10.2%
1 Month-10.76%
3 Month-32.44%
6 Month-7.33%
12 Month-18.39%
2 Year-40.33%
3 Year-44.76%
5 Year-96.89%
10 Year-97.57%
15 Year-96.78%
Volatility
ATR(14)0.28
ATR(20)%6.59%
ATR Inc-10.37%
Range Today0.18
ADR(20)0.25
ADR(20)%5.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.97
Mansfield-2.87
10 Day High5.75
10 Day Low5.05
20 Day High5.87
20 Day Low4.31
52 Week High8.99
52 Week Low4.31
CS1 EndN/A
CR1 Start5.33
Volume & EV
DER(3)-6.65%
DER(5)-9.36%
Volume1.16M
Volume Incr-52.19%
Vol(5)1.13M
Vol(50)1.53M