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BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF

NRGU.TO Technical Analysis Summary (TSX)

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

NRGU.TO●TSX
Financial ServicesAsset Management - Leveraged
$68.74
$1.23(1.76%)
Canadian Market opens in 14h 49m

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

NRGU.TO Technical Analysis Summary (TSX)

BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF (TSX: NRGU.TO) stock currently shows a bullish trend on the TSX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 63.29)
Trend Strength:Moderate (ADX: 21.93)
Volatility:Medium (ATR: 2.39)
Support/Resistance:$55.80 – $71.27 (Bollinger Bands)

Technical conditions suggest BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF on the TSX is awaiting a decisive move. Technical conditions suggest BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 63.29

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 94.46

Bearish
Overbought levels may trigger pullback.

Williams %R: -10.72

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 11.52

Strongly Bullish
Strong upside momentum.

Takeaway:BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 2.83

Bullish
Bullish, trend momentum is strengthening.

ADX: 21.93

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.39

Medium
Medium volatility, healthy price movement.

CCI (14): 81.78

Bullish
Bullish, momentum building upward.

Takeaway:BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF shows strong upward trend with solid momentum and healthy volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$71.27
Middle Band (SMA 20)
$63.53
Lower Band
$55.80
Current Position
Within Bands

Takeaway:BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$69.01
Middle Line (EMA 20)
$64.23
Lower Channel
$59.46
Squeeze Status
No Squeeze

Takeaway:BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-434.77K
Money Flow Index55.80Neutral, balanced money flows with no clear signal.
Relative Vigor Index67.80Bullish, price momentum strongly favors buyers.

Overall Takeaway:NRGU.TO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF (TSX: NRGU.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.

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 BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF are mixed, suggesting a Hold or wait-and-see approach.

(TSX: NRGU.TO) Technical Analysis FAQ