BETAPRO NASDAQ-100 -2X DAILY (HQD.CA) Technical Analysis
TSX:HQD • CA08662N4084
Current stock price
HQD.CA Technical Rating and Analysis
Overall HQD gets a technical rating of 7 out of 10. HQD has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month HQD has a been trading in the 9.36 - 12.44 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When compared to the yearly performance of all other stocks, HQD outperforms 45% of them, which is more or less in line with the market.
- HQD 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 HQD is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
HQD.CA Weekly and Daily overview Charts
HQD.CA Setup Rating and Analysis
Although HQD has an excellent technical rating, the quality of the presented setup is not ideal 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
HQD.CA Support and Resistance Analysis
9.39
We found 1 important support area.
- Support @9.48 from a horizontal line in the daily time frame.
HQD.CA 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for HQD.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HQD.CA is up. |
| ChartMill Relative Strength | 45.29 | NEUTRAL | HQD.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HQD.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HQD.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of HQD.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.36 | NEUTRAL | The RSI value for HQD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests HQD.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.45 | OVERBOUGHT | The high Stochastics value suggests HQD.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.94 | MEDIUM VOLATILITY | The ATR as a percentage value for HQD.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 33.35 | POSITIVE | The high ADX value value for HQD.CA suggests a strong trend. |
HQD.CA Chart- and CandleStick Pattern Analysis
HQD.CA 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.45 | 10.15 | 2.30 (18.47%) | 5.41% |
| An entry @12.45. This is a Buy Stop order right above the 10 day high. | An exit @10.15. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.30 points, which is 18.47%. | For a 1.00% total portfolio risk, you can invest 5.41% 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.
HQD.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:HQD (3/12/2025, 7:00:00 PM)
11.92
-0.27 (-2.21%)
BETAPRO NASDAQ-100 -2X DAILY / HQD.CA TA FAQ
Can you provide the ChartMill technical rating for BETAPRO NASDAQ-100 -2X DAILY?
ChartMill assigns a technical rating of 7 / 10 to HQD.CA.
What is the current trend direction of BETAPRO NASDAQ-100 -2X DAILY (HQD.CA) stock?
The current trend direction for BETAPRO NASDAQ-100 -2X DAILY (HQD.CA) is Bearish.
Can you provide the RSI signal for BETAPRO NASDAQ-100 -2X DAILY?
BETAPRO NASDAQ-100 -2X DAILY (HQD.CA) has an RSI value of 67.3588. This indicates that the stock is currently neutral.
What is the MACD signal for BETAPRO NASDAQ-100 -2X DAILY (HQD.CA) stock?
The MACD indicator for BETAPRO NASDAQ-100 -2X DAILY (HQD.CA) has a value of 0.190069, indicating a bearish trend.