BETAPRO S&P 500-2X DLY BEAR (HSD.CA) Stock Technical Analysis
TSX:HSD - Toronto Stock Exchange - CA08664D3094 - ETF - Currency: CAD
We assign a technical rating of 7 out of 10 to HSD. In the last year, HSD was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month HSD has a been trading in the 14.44 - 17.77 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, HSD outperforms 43% of them, which is more or less in line with the market.
HSD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HSD is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although HSD has an excellent technical rating, it does not offer a high 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
14.49
17.51
3 important support areas can be observed.
- A support zone ranging from 16.45 to 16.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 15.65 to 15.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.64 to 14.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 HSD.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HSD.CA is up. |
| ChartMill Relative Strength | 43.12 | NEUTRAL | HSD.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HSD.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HSD.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of HSD.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 69.56 | NEUTRAL | The RSI value for HSD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests HSD.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.97 | OVERBOUGHT | The high Stochastics value suggests HSD.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.96 | MEDIUM VOLATILITY | The ATR as a percentage value for HSD.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 32.96 | POSITIVE | The high ADX value value for HSD.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:HSD (3/12/2025, 7:00:00 PM)
17.34
-0.17 (-0.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.97%
1 Week8.58%
2 Weeks12.6%
1 Month17.16%
3 Month16.77%
6 Month2.48%
12 Month-12.73%
2 Year-40.1%
3 Year-34.42%
5 Year-83.82%
10 Year-94.36%
15 Year-99.75%
Volatility
ATR(14)0.64
ATR(20)%2.96%
ATR Inc5.58%
Range Today0.58
ADR(20)0.48
ADR(20)%2.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.12
Mansfield-0.15
10 Day High17.77
10 Day Low15.21
20 Day High17.77
20 Day Low14.44
52 Week High21.35
52 Week Low14.44
CS1 End16.66
CR1 StartN/A
Volume & EV
DER(3)2.27%
DER(5)2.12%
Volume855.98K
Volume Incr65.88%
Vol(5)812.56K
Vol(50)455.08K