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Hamilton Enhanced Canadian Covered Call ETF

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
$23.13
$0.52(2.30%)
Canadian Market opens in 14h 41m

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 Call ETF (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: 49.17)
Trend Strength:Moderate (ADX: 22.23)
Volatility:Low (ATR: 0.36)
Support/Resistance:$22.52 – $23.85 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 49.17

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 26.39

Bearish
Momentum remains weak below midpoint.

Williams %R: -39.17

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -1.03

Bearish
Selling pressure outweighs buying.

Takeaway:Hamilton Enhanced Canadian Covered Call ETF shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.17

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 22.23

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.36

Low
Low volatility, stable price action.

CCI (14): -14.74

Neutral
Neutral, no strong directional signal.

Takeaway:Hamilton Enhanced Canadian Covered Call ETF shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$23.85
Middle Band (SMA 20)
$23.18
Lower Band
$22.52
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$23.84
Middle Line (EMA 20)
$23.11
Lower Channel
$22.38
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume-857.92K
Money Flow Index38.64Bearish, selling pressure outweighs inflows.
Relative Vigor Index57.15Neutral 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 Call ETF (TSX: HDIV.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.

Overall Recommendation:Hamilton Enhanced Canadian Covered Call ETF shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(TSX: HDIV.TO) Technical Analysis FAQ