BETAPRO CR OIL 2X DAILY BEAR (HOD.CA) Stock Technical Analysis
TSX:HOD - Toronto Stock Exchange - CA08664K3038 - ETF - Currency: CAD
Overall HOD gets a technical rating of 2 out of 10. HOD performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, HOD is a bad performer in the overall market: 77% of all stocks are doing better.
In the last month HOD has a been trading in the 6.44 - 7.75 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
HOD has an average volume of 1199790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
HOD is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HOD is lagging the market slightly.
The technical rating of HOD is bad and it also does not present a 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
5.63
8.60
We found 2 important support areas.
- Support @6.29 from a trend line in the daily time frame.
- A support zone ranging from 5.69 to 5.70. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 6.85 to 6.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.18 to 7.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.80 from a trend line in the weekly time frame.
- Resistance @8.07 from a horizontal line in the weekly time frame.
- Resistance @8.31 from a horizontal line in the daily time frame.
- Resistance @8.51 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for HOD.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HOD.CA is down. |
| ChartMill Relative Strength | 23.56 | NEGATIVE | HOD.CA has a low relative strength, it was outperformed by 76.44% 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) | UP | MIXED | The current price of HOD.CA is below the rising 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) | 42.34 | NEUTRAL | The RSI value for HOD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests HOD.CA has a negative trend. |
| Stochastics (14,3) | 16.05 | OVERSOLD | The low Stochastics value suggests HOD.CA may be oversold. |
| Average True Range in percent/ATR (20) | 4.65 | MEDIUM VOLATILITY | The ATR as a percentage value for HOD.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 11.9 | NEGATIVE | The low ADX value for HOD.CA suggests a weak or negative 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 (6/5/2025, 7:00:00 PM)
6.56
-0.12 (-1.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.8%
1 Week-7.48%
2 Weeks-7.21%
1 Month-17.59%
3 Month-1.5%
6 Month-8.44%
12 Month-11.77%
2 Year-42.91%
3 Year-26.13%
5 Year-96.13%
10 Year-95.07%
15 Year-96.24%
Volatility
ATR(14)0.27
ATR(20)%4.65%
ATR Inc9.29%
Range Today0.13
ADR(20)0.23
ADR(20)%3.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.56
Mansfield-0.51
10 Day High7.36
10 Day Low6.44
20 Day High7.75
20 Day Low6.44
52 Week High8.99
52 Week Low4.96
CS1 End6.29
CR1 Start6.85
Volume & EV
DER(3)-2.59%
DER(5)-3.26%
Volume1.06M
Volume Incr67.68%
Vol(5)1.40M
Vol(50)1.20M