BETAPRO S&P 500-2X DLY BEAR (HSD.CA)       30.96  +0.07 (+0.23%)

30.96  +0.07 (+0.23%)

CA08664D3094 - ETF

Technical Rating

3

Overall HSD gets a technical rating of 3 out of 10. HSD has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.



In the last month HSD has a been trading in the 29.39 - 33.50 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
HSD has an average volume of 1042540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, HSD did better than 84% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
HSD is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.

Statistics

1 Month 3 Months 6 Months 12 Months -0.13% -6.41% -20.37% 17.63% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 84.13 25.76 - 40.76
HSD Weekly chart
HSD Daily chart

Support/Resistance Analysis


27.09

38.70
We found 5 important support areas.
  • Support @30.84 from a trend line in the daily time frame.
  • Support @29.06 from a trend line in the weekly time frame.
  • Support @28.56 from a horizontal line in the weekly time frame.
  • Support @27.96 from a horizontal line in the daily time frame.
  • Support @27.36 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
  • A resistance zone ranging from 31.03 to 31.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 31.95 to 33.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 38.24 to 38.32. This zone is formed by a combination of multiple trend lines in multiple time frames.

Setup Analysis

Setup Rating

8

HSD has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 30.84, a Stop Loss order could be placed below this zone.


HSD Daily chart

BETAPRO S&P 500-2X DLY BEAR30.96

TSX:HSD (3/28/2023, 6:00:00 PM)+0.07 (+0.23%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
Today0.23%
1 Week1.67%
2 Weeks-2.52%
1 Month-0.13%
3 Month-6.41%
6 Month-20.37%
Volatility
ATR(14)1.17
ATR(20)%3.37%
ATR Inc-62.41%
Range Today0.41
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.13
Mansfield-0.36
10 Day High33.1
10 Day Low29.9
20 Day High33.5
20 Day Low29.39
52 Week High40.76
52 Week Low25.76
CS1 End30.84
CR1 Start31.03
Volume & EV
DER(3)0.63%
DER(5)1.03%
Volume381.69K
Volume Incr1.35%
Vol(5)708.70K
Vol(50)1.04M

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