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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
$34.38
$0.05(0.15%)
Canadian Market opens in 3h 25m

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:Neutral to Bullish (RSI: 50.89)
Trend Strength:Weak (ADX: 19.70)
Volatility:Low (ATR: 0.51)
Support/Resistance:$33.03 – $35.57 (Bollinger Bands)

Technical conditions suggest Hamilton Canadian Bank Equal-Weight Index ETF on the TSX is awaiting a decisive move. This mix signals that Hamilton Canadian Bank Equal-Weight Index ETF is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 50.89

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 57.98

Neutral
Mid-range signal with no clear trend.

Williams %R: -32.56

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -1.86

Bearish
Selling pressure outweighs buying.

Takeaway:Hamilton Canadian Bank Equal-Weight Index ETF shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.23

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 19.70

Weak
Weak trend, market trading sideways.

ATR (14): 0.51

Low
Low volatility, stable price action.

CCI (14): 74.80

Bullish
Bullish, momentum building upward.

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
$35.57
Middle Band (SMA 20)
$34.30
Lower Band
$33.03
Current Position
Within Bands

Takeaway:Hamilton Canadian Bank Equal-Weight Index ETF trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$35.22
Middle Line (EMA 20)
$34.19
Lower Channel
$33.17
Squeeze Status
No Squeeze

Takeaway:Hamilton Canadian Bank Equal-Weight Index ETF trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-223.39K
Money Flow Index38.50Bearish, selling pressure outweighs inflows.
Relative Vigor Index56.47Neutral to Bullish, buyers hold a slight edge.

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

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

RSI above 50 → positive momentum from buyers.

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

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

Bearish Signals

No significant bearish signals detected.

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