Technical Analysis for HXU - Horizons BetaPro S&P/TSX 60 Bull Plus ETF

Grade Last Price % Change Price Change
A 22.340 -0.93% -0.210
HXU closed down 0.93 percent on Wednesday, May 22, 2024, on 61 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Flat

Date Alert Name Type % Chg
Slingshot Bullish Bullish Swing Setup 0.00%
Overbought Stochastic Strength 0.00%
Gapped Down Weakness 0.00%
New 52 Week Closing High Bullish -0.93%
New 52 Week High Strength -0.93%
Overbought Stochastic Strength -0.93%
Up 3 Days in a Row Strength -0.93%
Up 4 Days in a Row Strength -0.93%
Stochastic Reached Overbought Strength -0.89%
Gapped Up Strength -0.89%

   Recent Intraday Alerts

Alert Time
Down 1 ATR about 10 hours ago
Down 1% about 10 hours ago
Fell Below 10 DMA about 10 hours ago
Possible NR7 about 11 hours ago
Gapped Down (Full) about 15 hours ago

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Horizons BetaPro S&P/TSX 60 Bull Plus ETF Description

Horizons BetaPro S&P/TSX 60 Bull Plus ETF (HBP S&P/TSX 60 Bull + ETF or the ETF) seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times (200%) the daily performance of the S&P/TSX 60 Index. In order to achieve its objective, the total underlying notional value of these instruments and/or securities will typically not exceed two times the total assets of the ETF. Assets not invested in financial instruments or equity securities may be invested in debt instruments or money market instruments with a term not to exceed 365 days, or reverse repurchase agreements with a term not to exceed 30 days. The ETF will typically use the price of the S&P/TSX 60 Index as the reference for its daily investment objective. The Manager and Trustee of the ETF is BetaPro Management Inc. JovInvestment Management Inc. is the Investment Manager. ProShare Advisors LLC acts as the Sub-Advisor to the ETF.


Classification

Keywords: Exchange Traded Funds Etf Financial Debt Investment Management Inverse Exchange Traded Fund S&P S&P/Tsx 60 Index S&P/Tsx Composite Index Standard & Poor's Beta S&P 500 Index CBOE Transaction Cost S&P/TSX 60 Advisors Money Market Financial Instrument Notional Amount

Is HXU a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 22.73
52 Week Low 15.94
Average Volume 28,750
200-Day Moving Average 19.685
50-Day Moving Average 21.924
20-Day Moving Average 22.001
10-Day Moving Average 22.330
Average True Range 0.323
RSI (14) 57.63
ADX 12.49
+DI 31.657
-DI 27.249
Chandelier Exit (Long, 3 ATRs) 21.760
Chandelier Exit (Short, 3 ATRs) 22.000
Upper Bollinger Bands 22.850
Lower Bollinger Band 21.152
Percent B (%b) 0.7
BandWidth 7.721
MACD Line 0.202
MACD Signal Line 0.161
MACD Histogram 0.0407
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 22.730
Resistance 3 (R3) 22.727 22.593 22.665
Resistance 2 (R2) 22.593 22.494 22.595 22.643
Resistance 1 (R1) 22.467 22.433 22.400 22.470 22.622
Pivot Point 22.333 22.333 22.300 22.335 22.333
Support 1 (S1) 22.207 22.234 22.140 22.210 22.058
Support 2 (S2) 22.073 22.173 22.075 22.037
Support 3 (S3) 21.947 22.073 22.015
Support 4 (S4) 21.950