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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.TOTSX
Financial ServicesAsset Management - Global
$35.45
$0.21(0.60%)
Canadian Market opens in 26h 34m

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 bullish trend on the TSX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 54.08)
Trend Strength:Strong (ADX: 33.21)
Volatility:Low (ATR: 0.45)
Support/Resistance:$34.55 – $36.58 (Bollinger Bands)

Technical conditions suggest Hamilton Canadian Bank Equal-Weight Index ETF on the TSX is awaiting a decisive move. Technical signals confirm buyers remain in control of Hamilton Canadian Bank Equal-Weight Index ETF’s price action.

Momentum Indicators

RSI (14): 54.08

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 39.21

Bearish
Momentum remains weak below midpoint.

Williams %R: -61.14

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 0.14

Neutral
Price change is minimal.

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

Trend & Volatility

MACD: 0.46

Bullish
Bullish, trend momentum is strengthening.

ADX: 33.21

Strong
Strong trend, momentum well established.

ATR (14): 0.45

Low
Low volatility, stable price action.

CCI (14): -57.43

Bearish
Bearish, momentum remains under pressure.

Takeaway:Hamilton Canadian Bank Equal-Weight Index ETF shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$36.58
Middle Band (SMA 20)
$35.57
Lower Band
$34.55
Current Position
Within Bands

Takeaway:Hamilton Canadian Bank Equal-Weight Index ETF trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$36.30
Middle Line (EMA 20)
$35.40
Lower Channel
$34.50
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 Volume321.98K
Money Flow Index42.27Neutral, balanced money flows with no clear signal.
Relative Vigor Index57.51Neutral 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.

MACD above 0 → bullish trend confirmation.

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 Canadian Bank Equal-Weight Index ETF stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

(TSX: HEB.TO) Technical Analysis FAQ