Technical Analysis for ENCL - Horizons Enhanced Canadian Oil and Gas Equity Covered Call ETF
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | N/A | Up | Flat |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| 20 DMA Support | Bullish | 0.00% | |
| 50 DMA Support | Bullish | 0.00% | |
| Pocket Pivot | Bullish Swing Setup | 0.00% | |
| Bollinger Band Squeeze | Range Contraction | 0.00% | |
| Three Weeks Tight | Range Contraction | 0.00% | |
| Multiple of Ten Bullish | Other | 0.00% | |
| 20 DMA Support | Bullish | 0.70% | |
| 50 DMA Support | Bullish | 0.70% | |
| Pocket Pivot | Bullish Swing Setup | 0.70% | |
| Bollinger Band Squeeze | Range Contraction | 0.70% |
| Alert | Time |
|---|---|
| Possible Pocket Pivot | about 7 hours ago |
| Rose Above 10 DMA | about 9 hours ago |
| 50 DMA Support | about 11 hours ago |
| Fell Below 20 DMA | about 12 hours ago |
| Rose Above Previous Day's High | about 13 hours ago |
Free Daily (Stock) Chart Reading
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 Petroleum Inverse Exchange Traded Fund 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 | 20.8437 |
| 52 Week Low | 16.7899 |
| Average Volume | 67,065 |
| 200-Day Moving Average | 0.000 |
| 50-Day Moving Average | 19.801 |
| 20-Day Moving Average | 19.878 |
| 10-Day Moving Average | 19.983 |
| Average True Range | 0.288 |
| RSI (14) | 55.95 |
| ADX | 10.81 |
| +DI | 20.984 |
| -DI | 19.301 |
| Chandelier Exit (Long, 3 ATRs) | 19.327 |
| Chandelier Exit (Short, 3 ATRs) | 20.223 |
| Upper Bollinger Bands | 20.229 |
| Lower Bollinger Band | 19.527 |
| Percent B (%b) | 0.76 |
| BandWidth | 3.532 |
| MACD Line | 0.078 |
| MACD Signal Line | 0.061 |
| MACD Histogram | 0.0161 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 20.525 | ||||
| Resistance 3 (R3) | 20.487 | 20.293 | 20.448 | ||
| Resistance 2 (R2) | 20.293 | 20.175 | 20.313 | 20.422 | |
| Resistance 1 (R1) | 20.177 | 20.102 | 20.235 | 20.215 | 20.396 |
| Pivot Point | 19.983 | 19.983 | 20.013 | 20.003 | 19.983 |
| Support 1 (S1) | 19.867 | 19.865 | 19.925 | 19.905 | 19.724 |
| Support 2 (S2) | 19.673 | 19.792 | 19.693 | 19.698 | |
| Support 3 (S3) | 19.557 | 19.673 | 19.673 | ||
| Support 4 (S4) | 19.595 |
