BETAPRO NASDAQ-100 -2X DAILY (HQU.CA) Stock Technical Analysis
TSX:HQU - Toronto Stock Exchange - CA08662F1080 - ETF - Currency: CAD
We assign a technical rating of 0 out of 10 to HQU. HQU 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, HQU is a bad performer in the overall market: 76% of all stocks are doing better.
In the last month HQU has a been trading in the 19.33 - 26.18 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
HQU has an average volume of 1102060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
HQU 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 HQU is lagging the market slightly.
The technical rating of HQU 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
19.96
26.68
2 important resistance areas can be observed.
- Resistance @25.62 from a horizontal line in the daily time frame.
- Resistance @26.42 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 | DOWN | NEGATIVE | The long term trend for HQU.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HQU.CA is down. |
| ChartMill Relative Strength | 24.59 | NEGATIVE | HQU.CA has a low relative strength, it was outperformed by 75.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HQU.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HQU.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of HQU.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 31.63 | NEUTRAL | The RSI value for HQU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests HQU.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.03 | OVERSOLD | The low Stochastics value suggests HQU.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5.03 | HIGH VOLATILITY | The high ATR as a percentage value for HQU.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 32.24 | POSITIVE | The high ADX value value for HQU.CA suggests a strong 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:HQU (3/12/2025, 7:00:00 PM)
20.16
+0.44 (+2.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.23%
1 Week-10.16%
2 Weeks-14.68%
1 Month-19.33%
3 Month-21.46%
6 Month-4.45%
12 Month8.5%
2 Year80.24%
3 Year20.94%
5 Year273.33%
10 Year330.77%
15 Year3375.87%
Volatility
ATR(14)1.22
ATR(20)%5.03%
ATR Inc-26.92%
Range Today0.76
ADR(20)0.95
ADR(20)%4.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.59
Mansfield-1.02
10 Day High24.05
10 Day Low19.33
20 Day High26.18
20 Day Low19.33
52 Week High26.51
52 Week Low16.71
CS1 EndN/A
CR1 Start25.62
Volume & EV
DER(3)-1.49%
DER(5)-1.58%
Volume2.12M
Volume Incr135.26%
Vol(5)2.28M
Vol(50)1.10M