🇨🇦 Canada ETF Radar · TOR

CGMD

MegaShort (-3X) Canadian Gold Miners Daily Leveraged Alternative ETF

Inverse · Unclassified · Unclassified

Risk watch
Country Radar Open Chart
Recent price path CGMD recent weekly close path 11 CAD 12 Jun 2026
Weekly Return -8.2% latest completed week
4-Week Return 8.7% short momentum
Trend Gap -18.5% Trend negative
Fair Gap -79.2% vs fair value
Volume 0.8x 36.8K latest
Market Dynamics 3.01 positive
Relative Strength -80.44 vs country ETF tape
Opportunity -8.8 composite radar score
Risk 52.0 -93.5% drawdown · 18.8% volatility
Price Action

Price, Trend Line, Fair Value

12 months
CGMD weekly price action
Price Trend Line Fair Value
Market Dynamics

Pressure, strength, volume

12 months
CGMD Market Dynamics and relative strength
Market Dynamics Relative Strength Volume
Signal View

What it shows

High risk score Tactical exposure

Risk is elevated; weak trend or recent selling pressure is dominating the ETF tape.

Weak trend, selling pressure, or tactical exposure is elevated.

CGMD sits in Inverse, so read it as a Canada exposure first and a single ETF second.

The latest week moved -8.2%; the four-week move is 8.7%, which helps separate one-week noise from actual follow-through.

Trend is negative, volume is running at 0.8x, and Market Dynamics is not showing a buy signal.

Opportunity Signals

What could be improving

  • No high-conviction opportunity signal yet.
Risk Signals

What needs caution

  • Leveraged or inverse ETF exposure needs tighter risk control
  • Momentum is fading after a stronger short-term run
  • High weekly volatility raises position risk
Peers

Same category

Closest category peers ranked by the current radar score.

10 peers
1 HOD · TOR BetaPro Crude Oil Inverse Leveraged Daily Bear ETF 🇨🇦 Canada · Inverse Trend and recent returns are aligned, so demand is still moving in the same direction. Week 11.5% 4W 3171.1% Vol 0.1x 11.5% 2 HND · TOR BetaPro Natural Gas Inverse Leveraged Daily Bear ETF 🇨🇦 Canada · Inverse Trend and recent returns are aligned, so demand is still moving in the same direction. Week 5.6% 4W 376.1% Vol 0.2x 5.6% 3 QQD · TOR BetaPro NASDAQ-100 -2x Daily Bear ETF 🇨🇦 Canada · Inverse Fresh Market Dynamics buy signal; check whether price follow-through is confirming the setup. Week -5.0% 4W 377.7% Vol 0.9x -5.0% 4 SLVD · TOR BetaPro Silver -2x Daily Bear ETF 🇨🇦 Canada · Inverse Leveraged or inverse exposure; useful for tactical pressure, but risk can move quickly. Week -1.1% 4W 879.6% Vol 0.2x -1.1% 5 BITI · TOR BetaPro Inverse Bitcoin ETF 🇨🇦 Canada · Inverse Volume is expanding versus normal activity, which can mark institutional attention or stress. Week -5.1% 4W 24.9% Vol 1.5x -5.1% 6 PFAE · TOR PICTON Long Short Equity (130/30) Alternative Fund ETF 🇨🇦 Canada · Inverse Trend and recent returns are aligned, so demand is still moving in the same direction. Week 1.5% 4W 5.1% Vol 1.3x 1.5% 7 ZTIP · TOR BMO Short-Term US TIPS Index ETF 🇨🇦 Canada · Inverse Trend and recent returns are aligned, so demand is still moving in the same direction. Week 0.3% 4W 1.7% Vol 1.5x 0.3% 8 GLDD · TOR BetaPro Gold Bullion -2x Daily Bear ETF 🇨🇦 Canada · Inverse Risk is elevated; weak trend or recent selling pressure is dominating the ETF tape. Week 4.6% 4W 16.2% Vol 1.5x 4.6% 9 SPAY · TOR Global X Short-Term U.S. Treasury Premium Yield ETF USD 🇨🇦 Canada · Inverse Trend and recent returns are aligned, so demand is still moving in the same direction. Week 0.5% 4W 2.2% Vol 3.0x 0.5% 10 ZLSU · TOR BMO Long Short US Equity ETF 🇨🇦 Canada · Inverse Trend and recent returns are aligned, so demand is still moving in the same direction. Week 0.5% 4W 3.1% Vol 1.3x 0.5%
Latest Event

Historical signal events

Recent Trend Line crossings and Market Dynamics buy signals from the weekly history.

30 Jan 2026 Market Dynamics buy signal 15 CAD · 41.6%
20 Mar 2026 Market Dynamics buy signal 16 CAD · 53.2%
1 May 2026 Market Dynamics buy signal 12 CAD · 27.0%
5 Jun 2026 Market Dynamics buy signal 12 CAD · 34.9%
CGMD

Recent weekly tape

Week Close Trend Line Fair Value Weekly Return Market Dynamics RS Volume
20 Jun 2025 157 CAD - 171 CAD % - - 0
27 Jun 2025 157 CAD - 169 CAD 0.0% - - 0
4 Jul 2025 157 CAD - 167 CAD 0.0% - - 0
11 Jul 2025 168 CAD - 167 CAD 6.7% - - 180
18 Jul 2025 174 CAD - 168 CAD 3.6% - - 370
25 Jul 2025 155 CAD - 166 CAD -11.0% - - 1.7K
1 Aug 2025 161 CAD - 166 CAD 4.2% - - 800
8 Aug 2025 115 CAD - 161 CAD -28.8% - - 2.2K
15 Aug 2025 108 CAD - 157 CAD -6.3% - - 5.5K
22 Aug 2025 94 CAD - 152 CAD -12.4% - - 3.5K
29 Aug 2025 82 CAD - 147 CAD -13.6% - - 1.6K
5 Sep 2025 67 CAD - 142 CAD -17.8% - - 3.4K
12 Sep 2025 60 CAD - 136 CAD -10.1% - - 4.7K
19 Sep 2025 53 CAD - 132 CAD -12.3% - - 4.9K
26 Sep 2025 46 CAD - 127 CAD -13.1% - - 8.4K
3 Oct 2025 42 CAD - 122 CAD -8.3% - - 6.2K
10 Oct 2025 44 CAD - 118 CAD 3.6% - - 10.9K
17 Oct 2025 36 CAD - 114 CAD -16.5% - - 9.6K
24 Oct 2025 41 CAD - 111 CAD 12.4% - - 30.8K
31 Oct 2025 42 CAD - 108 CAD 2.0% - - 11.9K
7 Nov 2025 40 CAD - 105 CAD -4.1% - - 2.4K
14 Nov 2025 31 CAD - 102 CAD -21.8% - - 9.7K
21 Nov 2025 35 CAD - 100 CAD 11.2% - - 7.2K
28 Nov 2025 22 CAD - 97 CAD -35.9% - - 5.9K
5 Dec 2025 25 CAD - 94 CAD 10.3% - - 3.3K
12 Dec 2025 22 CAD - 92 CAD -9.3% -0.13 - 5.8K
19 Dec 2025 19 CAD 89 CAD 89 CAD -13.0% -0.14 - 4.9K
26 Dec 2025 18 CAD 83 CAD 87 CAD -6.2% -0.02 - 11.2K
2 Jan 2026 21 CAD 78 CAD 85 CAD 16.5% 0.16 - 19.0K
9 Jan 2026 15 CAD 74 CAD 83 CAD -28.3% 0.32 - 53.9K
16 Jan 2026 14 CAD 69 CAD 81 CAD -7.2% 0.45 - 59.6K
23 Jan 2026 11 CAD 64 CAD 79 CAD -24.8% 0.43 - 22.8K
30 Jan 2026 15 CAD 59 CAD 77 CAD 41.6% 0.43 - 139.4K
6 Feb 2026 13 CAD 54 CAD 75 CAD -12.4% 0.40 - 71.9K
13 Feb 2026 10 CAD 49 CAD 74 CAD -26.0% 0.31 - 20.0K
20 Feb 2026 9 CAD 44 CAD 72 CAD -11.0% 0.36 - 14.8K
27 Feb 2026 6 CAD 39 CAD 70 CAD -25.8% 0.28 - 23.5K
6 Mar 2026 9 CAD 35 CAD 69 CAD 40.0% 0.48 - 57.4K
13 Mar 2026 11 CAD 32 CAD 67 CAD 19.7% 0.80 - 29.5K
20 Mar 2026 16 CAD 29 CAD 66 CAD 53.2% 1.28 - 29.3K
27 Mar 2026 13 CAD 27 CAD 65 CAD -21.3% 1.88 - 51.9K
3 Apr 2026 9 CAD 25 CAD 64 CAD -30.2% 2.33 - 84.1K
10 Apr 2026 8 CAD 23 CAD 63 CAD -11.8% 2.68 - 77.7K
17 Apr 2026 8 CAD 22 CAD 61 CAD -1.8% 2.87 - 14.5K
24 Apr 2026 10 CAD 21 CAD 60 CAD 22.4% 3.01 - 21.4K
1 May 2026 12 CAD 20 CAD 59 CAD 27.0% 3.09 - 13.2K
8 May 2026 9 CAD 18 CAD 58 CAD -28.0% 3.21 - 71.7K
15 May 2026 10 CAD 17 CAD 57 CAD 17.7% 3.33 - 81.1K
22 May 2026 11 CAD 16 CAD 57 CAD 5.3% 3.40 -84.29 63.5K
29 May 2026 9 CAD 15 CAD 56 CAD -16.6% 3.35 -86.00 38.0K
5 Jun 2026 12 CAD 14 CAD 55 CAD 34.9% 3.27 -79.69 28.6K
12 Jun 2026 11 CAD 14 CAD 54 CAD -8.2% 3.01 -80.44 36.8K