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Hamilton Canadian Bank Equal-Weight Index ETF

HEB.TO Technical Analysis Summary (TSX)

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

HEB.TO●TSX
Financial ServicesAsset Management - Global
$34.20
$0.13(0.38%)
Canadian Market opens in 12h 24m

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

HEB.TO Technical Analysis Summary (TSX)

Hamilton Canadian Bank Equal-Weight Index ETF (TSX: HEB.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 36.98)
Trend Strength:Weak (ADX: 18.98)
Volatility:Low (ATR: 0.49)
Support/Resistance:$34.30 – $36.75 (Bollinger Bands)

Technical conditions suggest Hamilton Canadian Bank Equal-Weight Index ETF on the TSX is awaiting a decisive move. Overall, Hamilton Canadian Bank Equal-Weight Index ETF remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 36.98

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 6.20

Bullish
Oversold zone signals rebound potential.

Williams %R: -87.73

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -3.77

Bearish
Selling pressure outweighs buying.

Takeaway:Hamilton Canadian Bank Equal-Weight Index ETF shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.10

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 18.98

Weak
Weak trend, market trading sideways.

ATR (14): 0.49

Low
Low volatility, stable price action.

CCI (14): -192.84

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Hamilton Canadian Bank Equal-Weight Index ETF shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$36.75
Middle Band (SMA 20)
$35.52
Lower Band
$34.30
Current Position
Below Lower Band

Takeaway:Hamilton Canadian Bank Equal-Weight Index ETF trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$36.37
Middle Line (EMA 20)
$35.39
Lower Channel
$34.41
Squeeze Status
No Squeeze

Takeaway:Hamilton Canadian Bank Equal-Weight Index ETF trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-22.00K
Money Flow Index44.47Neutral, balanced money flows with no clear signal.
Relative Vigor Index52.99Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Hamilton Canadian Bank Equal-Weight Index ETF (TSX: HEB.TO), here are the key trading signals and recommendations:

Bullish Signals

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

Bearish Signals

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

Overall Recommendation:Technical indicators for Hamilton Canadian Bank Equal-Weight Index ETF are mixed, suggesting a Hold or wait-and-see approach.

(TSX: HEB.TO) Technical Analysis FAQ