Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
BetaPro S&P 500 Daily Inverse ETF

SPXI.TO Technical Analysis Summary (TSX)

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

SPXI.TO●TSX
Financial ServicesAsset Management - Leveraged
$8.54
$0.02(0.23%)
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

SPXI.TO Technical Analysis Summary (TSX)

BetaPro S&P 500 Daily Inverse ETF (TSX: SPXI.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: 47.82)
Trend Strength:Moderate (ADX: 22.76)
Volatility:Low (ATR: 0.06)
Support/Resistance:$8.22 – $8.89 (Bollinger Bands)

Technical conditions suggest BetaPro S&P 500 Daily Inverse ETF on the TSX is awaiting a decisive move. This mix signals that BetaPro S&P 500 Daily Inverse ETF is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 47.82

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 66.06

Bullish
Buying momentum building without extremes.

Williams %R: -5.56

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 1.07

Bullish
Steady upward momentum.

Takeaway:BetaPro S&P 500 Daily Inverse ETF shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -0.06

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 22.76

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.06

Low
Low volatility, stable price action.

CCI (14): 144.44

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:BetaPro S&P 500 Daily Inverse ETF shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$8.89
Middle Band (SMA 20)
$8.56
Lower Band
$8.22
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$8.67
Middle Line (EMA 20)
$8.54
Lower Channel
$8.41
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume347.71K
Money Flow Index31.92Bearish, selling pressure outweighs inflows.
Relative Vigor Index47.55Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:SPXI.TO shows bearish money flow, with sellers dominating volume and vigor.

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

Bullish Signals

ADX above 20 → strong underlying trend.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for BetaPro S&P 500 Daily Inverse ETF are mixed, suggesting a Hold or wait-and-see approach.

(TSX: SPXI.TO) Technical Analysis FAQ