BETAPRO S&P 500-2X DLY BEAR (SPXD.CA) Stock Technical Analysis
TSX:SPXD • CA08664D3094
Overall SPXD gets a technical rating of 1 out of 10. SPXD 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, SPXD is a bad performer in the overall market: 89% of all stocks are doing better.
- SPXD is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month SPXD has a been trading in the 10.74 - 11.44 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.
SPXD has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 11.06, a Stop Loss order could be placed below this zone.
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10.65
When analyzing the support we can see 2 important areas.
- A support zone ranging from 11.03 to 11.06. 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 10.76 to 10.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 11.10 to 11.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.57 to 11.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @12.23 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 SPXD.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPXD.CA is neutral. |
| ChartMill Relative Strength | 11.05 | NEGATIVE | SPXD.CA has a low relative strength, it was outperformed by 88.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPXD.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SPXD.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SPXD.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.53 | NEUTRAL | The RSI value for SPXD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SPXD.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.75 | NEUTRAL | The Stochastics value for SPXD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for SPXD.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 12.29 | NEGATIVE | The low ADX value for SPXD.CA suggests a weak or negative trend. |
TSX:SPXD (2/27/2026, 7:00:00 PM)
11.1
+0.08 (+0.77%)
BETAPRO S&P 500-2X DLY BEAR / SPXD.CA FAQ
What is the technical rating for SPXD stock?
ChartMill assigns a technical rating of 1 / 10 to SPXD.CA.
Can you provide the trend direction for BETAPRO S&P 500-2X DLY BEAR?
The current trend direction for BETAPRO S&P 500-2X DLY BEAR (SPXD.CA) is Bearish.
Can you provide the RSI signal for BETAPRO S&P 500-2X DLY BEAR?
BETAPRO S&P 500-2X DLY BEAR (SPXD.CA) has an RSI value of 51.5288. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BETAPRO S&P 500-2X DLY BEAR?
The short term momentum for BETAPRO S&P 500-2X DLY BEAR (SPXD.CA) is neutral.
What is the support and resistance level for SPXD stock?
BETAPRO S&P 500-2X DLY BEAR (SPXD.CA) has a support level at 11.06 and a resistance level at 11.1. Check the full technical report for our detailed analysis of SPXD.CA support and resistance levels.