Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
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
$23.43
$0.010(0.04%)
Canadian Market opens in 5h 31m

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 Bearish (RSI: 49.31)
Trend Strength:Weak (ADX: 18.08)
Volatility:Low (ATR: 0.27)
Support/Resistance:$22.82 – $24.06 (Bollinger Bands)

Technical conditions suggest Hamilton Enhanced Canadian Covered CallETF on the TSX is awaiting a decisive move. Overall, Hamilton Enhanced Canadian Covered CallETF remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 49.31

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 52.37

Neutral
Mid-range signal with no clear trend.

Williams %R: -26.83

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -1.55

Bearish
Selling pressure outweighs buying.

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

Trend & Volatility

MACD: -0.11

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 18.08

Weak
Weak trend, market trading sideways.

ATR (14): 0.27

Low
Low volatility, stable price action.

CCI (14): 110.20

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$24.06
Middle Band (SMA 20)
$23.44
Lower Band
$22.82
Current Position
Within Bands

Takeaway:Hamilton Enhanced Canadian Covered CallETF trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$23.94
Middle Line (EMA 20)
$23.41
Lower Channel
$22.88
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume-351.95K
Money Flow Index35.59Bearish, selling pressure outweighs inflows.
Relative Vigor Index57.60Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:HDIV.TO shows mixed signals in money flow analysis.

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

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

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Hamilton Enhanced Canadian Covered CallETF are mixed, suggesting a Hold or wait-and-see approach.

(TSX: HDIV.TO) Technical Analysis FAQ