Technical Analysis for EQCL - Horizons Enhanced All-Equity Asset Allocation Covered Call ETF

Grade Last Price % Change Price Change
D 21.440 0.80% 0.170
EQCL closed up 0.8 percent on Friday, April 26, 2024, on 16 percent of normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong N/A Flat Up

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
Gapped Up Strength 0.00%
Gapped Down Weakness 0.80%
Narrow Range Bar Range Contraction 0.28%
Gapped Up Strength 0.28%
Up 3 Days in a Row Strength 0.28%
New Downtrend Bearish 0.70%
NR7 Range Contraction 0.70%
NR7-2 Range Contraction 0.70%
Narrow Range Bar Range Contraction 0.70%

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Horizons Enhanced All-Equity Asset Allocation Covered Call ETF Description

Horizons Enhanced All-Equity Asset Allocation 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 global region. It invests through derivatives and through other funds in stocks of companies operating across diversified 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 benchmark the performance of its portfolio against a composite index comprising of 20% of the S&P/TSX 60 Total Return Index, 35% of the Cboe S&P 500 Half BuyWrite Index, 10% of the Cboe NASDAQ-100 Half BuyWrite V2 Index, 12.5% of the Cboe MSCI EAFE BuyWrite Index, 12.5% of the MSCI Emerging Markets Net Total Return USD Index, 5% of the Cboe MSCI Emerging Markets BuyWrite Index and 5% of the MSCI Emerging Markets Net Total Return USD Index. Horizons Enhanced All-Equity Asset Allocation Covered Call ETF was formed on October 10, 2023 and is domiciled in Canada.


Classification

Keywords: Exchange Traded Funds Investment Fund Options Synthetic Replication Msci Eafe Horizons Etfs Chicago Board Options Exchange Cboe Djia Buywrite Index Covered Option

Top 10 Components

Symbol Grade Price % Change Allocation
USCC.U B 0.23 44.05
HXDM B 0.87 31.87
CNCC B 0.50 24.52
QQCC C 1.14 12.70
HXEM A 1.08 12.14

Is EQCL 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 22.0
52 Week Low 19.25
Average Volume 4,005
200-Day Moving Average 0.000
50-Day Moving Average 21.516
20-Day Moving Average 21.494
10-Day Moving Average 21.295
Average True Range 0.144
RSI (14) 49.49
ADX 25.44
+DI 27.188
-DI 40.650
Chandelier Exit (Long, 3 ATRs) 21.378
Chandelier Exit (Short, 3 ATRs) 21.402
Upper Bollinger Bands 21.951
Lower Bollinger Band 21.037
Percent B (%b) 0.44
BandWidth 4.254
MACD Line -0.076
MACD Signal Line -0.051
MACD Histogram -0.0248
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 21.515
Resistance 3 (R3) 21.507 21.473 21.503
Resistance 2 (R2) 21.473 21.454 21.478 21.498
Resistance 1 (R1) 21.457 21.442 21.465 21.465 21.494
Pivot Point 21.423 21.423 21.428 21.428 21.423
Support 1 (S1) 21.407 21.404 21.415 21.415 21.386
Support 2 (S2) 21.373 21.392 21.378 21.382
Support 3 (S3) 21.357 21.373 21.378
Support 4 (S4) 21.365