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Hamilton Enhanced Canadian Covered CallETF

HDIV.TO Technical Analysis Summary (TSX)

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

HDIV.TO●TSX
Financial ServicesAsset Management - Income
$23.54
$0.11(0.47%)
Canadian Market opens in 26h 30m

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

HDIV.TO Technical Analysis Summary (TSX)

Hamilton Enhanced Canadian Covered CallETF (TSX: HDIV.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 51.57)
Trend Strength:Weak (ADX: 13.86)
Volatility:Low (ATR: 0.27)
Support/Resistance:$23.26 – $23.75 (Bollinger Bands)

Technical conditions suggest Hamilton Enhanced Canadian Covered CallETF on the TSX is awaiting a decisive move. This mix signals that Hamilton Enhanced Canadian Covered CallETF is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 51.57

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 58.67

Neutral
Mid-range signal with no clear trend.

Williams %R: -46.67

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 0.00

Neutral
Price change is minimal.

Takeaway:Hamilton Enhanced Canadian Covered CallETF shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.06

Bullish
Bullish, trend momentum is strengthening.

ADX: 13.86

Weak
Weak trend, market trading sideways.

ATR (14): 0.27

Low
Low volatility, stable price action.

CCI (14): 29.12

Bullish
Bullish, momentum building upward.

Takeaway:Hamilton Enhanced Canadian Covered CallETF shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$23.75
Middle Band (SMA 20)
$23.51
Lower Band
$23.26
Current Position
Within Bands

Takeaway:Hamilton Enhanced Canadian Covered CallETF trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$24.04
Middle Line (EMA 20)
$23.50
Lower Channel
$22.95
Squeeze Status
Squeeze On

Takeaway:Hamilton Enhanced Canadian Covered CallETF trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-1.39M
Money Flow Index46.61Neutral, balanced money flows with no clear signal.
Relative Vigor Index53.03Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:HDIV.TO shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of Hamilton Enhanced Canadian Covered CallETF (TSX: HDIV.TO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

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

Overall Recommendation:Hamilton Enhanced Canadian Covered CallETF shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

(TSX: HDIV.TO) Technical Analysis FAQ