Technical Analysis for ENCL - Horizons Enhanced Canadian Oil and Gas Equity Covered Call ETF
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| B | 20.280 | 0.65% | 0.130 |
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | N/A | Flat | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Crossed Above 50 DMA | Bullish | 0.00% | |
| Non-ADX 1,2,3,4 Bullish | Bullish Swing Setup | 0.00% | |
| Stochastic Reached Oversold | Weakness | 0.00% | |
| Strong but Oversold | Other | 0.00% | |
| Inside Day | Range Contraction | 0.00% | |
| Oversold Stochastic | Weakness | 0.00% | |
| Fell Below 50 DMA | Bearish | 0.65% | |
| New Downtrend | Bearish | 0.65% | |
| Below Lower BB | Weakness | 0.65% | |
| Down 3 Days in a Row | Weakness | 0.65% |
| Alert | Time |
|---|---|
| Possible Inside Day | about 14 hours ago |
| Rose Above 50 DMA | about 18 hours ago |
| Rose Above Lower Bollinger Band | about 18 hours ago |
| Up 1% | about 18 hours ago |
| 50 DMA Support | 1 day ago |
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Horizons Enhanced Canadian Oil and Gas Equity Covered Call ETF Description
Horizons Enhanced Canadian Oil and Gas Equity Covered Call ETF is an exchange traded fund launched and managed by Horizons ETFs Management (Canada) Inc. The fund invests in public equity markets of Canada. It invests directly, through derivatives and through other funds in stocks of companies operating across energy, oil, gas and consumable fuels, oil and gas refining and marketing, petroleum and petroleum products, crude petroleum and natural gas sectors. The fund uses derivatives such as options to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Solactive Equal Weight Canada Oil & Gas Index. Horizons Enhanced Canadian Oil and Gas Equity Covered Call ETF was formed on October 10, 2023 and is domiciled in Canada.
Classification
Keywords: Exchange Traded Funds Energy Oil Inverse Exchange Traded Fund Petroleum Synthetic Replication Horizons Etfs Petroleum Products
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 21.45 |
| 52 Week Low | 17.2783 |
| Average Volume | 46,283 |
| 200-Day Moving Average | 0.000 |
| 50-Day Moving Average | 20.224 |
| 20-Day Moving Average | 20.883 |
| 10-Day Moving Average | 20.825 |
| Average True Range | 0.341 |
| RSI (14) | 42.86 |
| ADX | 30.89 |
| +DI | 18.910 |
| -DI | 27.927 |
| Chandelier Exit (Long, 3 ATRs) | 20.427 |
| Chandelier Exit (Short, 3 ATRs) | 21.073 |
| Upper Bollinger Bands | 21.592 |
| Lower Bollinger Band | 20.174 |
| Percent B (%b) | 0.07 |
| BandWidth | 6.786 |
| MACD Line | 0.086 |
| MACD Signal Line | 0.220 |
| MACD Histogram | -0.1334 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 20.610 | ||||
| Resistance 3 (R3) | 20.620 | 20.520 | 20.555 | ||
| Resistance 2 (R2) | 20.520 | 20.436 | 20.515 | 20.537 | |
| Resistance 1 (R1) | 20.400 | 20.384 | 20.460 | 20.390 | 20.518 |
| Pivot Point | 20.300 | 20.300 | 20.330 | 20.295 | 20.300 |
| Support 1 (S1) | 20.180 | 20.216 | 20.240 | 20.170 | 20.042 |
| Support 2 (S2) | 20.080 | 20.164 | 20.075 | 20.023 | |
| Support 3 (S3) | 19.960 | 20.080 | 20.005 | ||
| Support 4 (S4) | 19.950 |
