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BetaPro Canadian Gold Miners -2x Daily Bear ETF

GDXD.TO Technical Analysis Summary (TSX)

Analyze GDXD.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

GDXD.TOTSX
Financial ServicesAsset Management - Leveraged
$6.60
$0.25(3.65%)
Canadian Market opens in 14h 46m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

GDXD.TO Technical Analysis Summary (TSX)

BetaPro Canadian Gold Miners -2x Daily Bear ETF (TSX: GDXD.TO) stock currently shows a bearish trend on the TSX, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 26.51)
Trend Strength:Moderate (ADX: 26.83)
Volatility:High (ATR: 0.82)
Support/Resistance:$5.40 – $14.67 (Bollinger Bands)

Technical conditions suggest BetaPro Canadian Gold Miners -2x Daily Bear ETF on the TSX is awaiting a decisive move. This mix signals that BetaPro Canadian Gold Miners -2x Daily Bear ETF is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 26.51

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 0.68

Bullish
Oversold zone signals rebound potential.

Williams %R: -98.71

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -46.61

Strongly Bearish
Sharp downside momentum.

Takeaway:BetaPro Canadian Gold Miners -2x Daily Bear ETF shows oversold momentum, with rebound potential building.

Trend & Volatility

MACD: -1.50

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 26.83

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.82

Low
Low volatility, stable price action.

CCI (14): -158.07

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:BetaPro Canadian Gold Miners -2x Daily Bear ETF shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$14.67
Middle Band (SMA 20)
$10.04
Lower Band
$5.40
Current Position
Within Bands

Takeaway:BetaPro Canadian Gold Miners -2x Daily Bear ETF trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$11.15
Middle Line (EMA 20)
$9.51
Lower Channel
$7.86
Squeeze Status
No Squeeze

Takeaway:BetaPro Canadian Gold Miners -2x Daily Bear ETF trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-105.51K
Money Flow Index19.35Bullish, oversold conditions signal rebound potential.
Relative Vigor Index29.53Bearish, price momentum favors sellers.

Overall Takeaway:GDXD.TO shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of BetaPro Canadian Gold Miners -2x Daily Bear ETF (TSX: GDXD.TO), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:BetaPro Canadian Gold Miners -2x Daily Bear ETF shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(TSX: GDXD.TO) Technical Analysis FAQ