Canada - TSX:HQD - CA08662N4084 - ETF
Overall HQD gets a technical rating of 7 out of 10. In the last year, HQD was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
HQD has an excellent technical rating, but the quality of the setup is only medium 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.
9.39
We found 1 important support area.
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. |
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. |
TSX:HQD (3/12/2025, 7:00:00 PM)
11.92
-0.27 (-2.21%)