BETAPRO S&P/TSX 60 2X DB ETF (HXU.CA) Stock Technical Analysis
TSX:HXU - Toronto Stock Exchange - CA08662W2004 - ETF - Currency: CAD
Taking everything into account, HXU scores 1 out of 10 in our technical rating. HXU 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 HXU has a been trading in the 26.09 - 29.56 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, HXU outperforms 64% of them, which is more or less in line with the market.
HXU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HXU is lagging the market.
HXU has a poor technical rating and the quality of the setup is also not perfect 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
25.69
30.27
We found 1 important support area.
- A support zone ranging from 25.95 to 26.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 27.91 to 28.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 29.39 to 29.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @29.97 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 | NEUTRAL | NEUTRAL | The long term trend for HXU.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HXU.CA is down. |
| ChartMill Relative Strength | 64.4 | NEUTRAL | HXU.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HXU.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HXU.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HXU.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.38 | NEUTRAL | The RSI value for HXU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests HXU.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.44 | OVERSOLD | The low Stochastics value suggests HXU.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for HXU.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 24.27 | NEUTRAL | The ADX value for HXU.CA suggests a possible start of a new 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:HXU (3/12/2025, 7:00:00 PM)
26.56
+0.29 (+1.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.1%
1 Week-3.94%
2 Weeks-7.33%
1 Month-9.66%
3 Month-6.68%
6 Month6.71%
12 Month21.89%
2 Year42.8%
3 Year17.06%
5 Year216.07%
10 Year173.06%
15 Year330.94%
Volatility
ATR(14)0.8
ATR(20)%2.65%
ATR Inc-21.41%
Range Today0.54
ADR(20)0.63
ADR(20)%2.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.4
Mansfield0.38
10 Day High29.3
10 Day Low26.09
20 Day High29.56
20 Day Low26.09
52 Week High30.14
52 Week Low20.51
CS1 End26.55
CR1 Start27.91
Volume & EV
DER(3)23.67%
DER(5)22.18%
Volume33.65K
Volume Incr-9.04%
Vol(5)51.68K
Vol(50)63.26K