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BetaPro S&P 500 -2x Daily Bear ETF

SPXD.TO Technical Analysis Summary (TSX)

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

SPXD.TO●TSX
Financial ServicesAsset Management - Leveraged
$8.93
$0.05(0.56%)
Canadian Market opens in 14h 46m

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

SPXD.TO Technical Analysis Summary (TSX)

BetaPro S&P 500 -2x Daily Bear ETF (TSX: SPXD.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: 47.67)
Trend Strength:Weak (ADX: 19.02)
Volatility:Low (ATR: 0.15)
Support/Resistance:$8.26 – $9.65 (Bollinger Bands)

Technical conditions suggest BetaPro S&P 500 -2x Daily Bear ETF on the TSX is awaiting a decisive move. Technical conditions suggest BetaPro S&P 500 -2x Daily Bear ETF is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 47.67

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 68.17

Bullish
Buying momentum building without extremes.

Williams %R: -7.69

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 2.29

Bullish
Steady upward momentum.

Takeaway:BetaPro S&P 500 -2x Daily Bear ETF shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -0.12

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 19.02

Weak
Weak trend, market trading sideways.

ATR (14): 0.15

Low
Low volatility, stable price action.

CCI (14): 141.69

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:BetaPro S&P 500 -2x Daily Bear ETF shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$9.65
Middle Band (SMA 20)
$8.96
Lower Band
$8.26
Current Position
Within Bands

Takeaway:BetaPro S&P 500 -2x Daily Bear ETF trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$9.24
Middle Line (EMA 20)
$8.93
Lower Channel
$8.63
Squeeze Status
No Squeeze

Takeaway:BetaPro S&P 500 -2x Daily Bear ETF trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume320.82K
Money Flow Index48.31Neutral, balanced money flows with no clear signal.
Relative Vigor Index56.47Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of BetaPro S&P 500 -2x Daily Bear ETF (TSX: SPXD.TO), here are the key trading signals and recommendations:

Bullish Signals

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 500 -2x Daily Bear ETF are mixed, suggesting a Hold or wait-and-see approach.

(TSX: SPXD.TO) Technical Analysis FAQ