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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
$23.82
$0.32(1.36%)
Canadian Market opens in NaNh NaNm

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: 51.47)
Trend Strength:Weak (ADX: 15.48)
Volatility:Low (ATR: 0.26)
Support/Resistance:$23.42 – $24.23 (Bollinger Bands)

Technical conditions suggest Hamilton Enhanced Canadian Covered CallETF on the TSX is awaiting a decisive move. Technical conditions suggest Hamilton Enhanced Canadian Covered CallETF is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 51.47

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 35.82

Bearish
Momentum remains weak below midpoint.

Williams %R: -38.10

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -0.92

Neutral
Price change is minimal.

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

Trend & Volatility

MACD: -0.04

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 15.48

Weak
Weak trend, market trading sideways.

ATR (14): 0.26

Low
Low volatility, stable price action.

CCI (14): 18.03

Neutral
Neutral, no strong directional signal.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$24.23
Middle Band (SMA 20)
$23.82
Lower Band
$23.42
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$24.28
Middle Line (EMA 20)
$23.76
Lower Channel
$23.24
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-1.01M
Money Flow Index20.13Bearish, selling pressure outweighs inflows.
Relative Vigor Index46.80Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:HDIV.TO shows bearish money flow, with sellers dominating volume and vigor.

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.

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

(TSX: HDIV.TO) Technical Analysis FAQ