Technical Analysis for HFR - Horizons Active Floating Rate Bond ETF

Grade Last Price % Change Price Change
A 10.040 -0.10% -0.010
HFR closed down 0.1 percent on Friday, November 15, 2024, on 83 percent of normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Flat Flat

Date Alert Name Type % Chg
Three Weeks Tight Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
New 52 Week Closing High Bullish -0.10%
NR7 Range Contraction -0.10%
Narrow Range Bar Range Contraction -0.10%
Doji - Bearish? Reversal -0.10%
Upper Bollinger Band Walk Strength -0.10%
Gapped Up Strength -0.10%
Overbought Stochastic Strength -0.10%
Stochastic Reached Overbought Strength -0.05%

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Profile

The investment objective of the fund is to generate income that is consistent with prevailing short-term corporate bond yields while stabilizing the market value of the ETF from the effects of interest rate fluctuations. The fund invests primarily in a portfolio of Canadian debt securities and hedges the portfolio’s interest rate risk to generally maintain a portfolio duration of less than two years. The fund may also invest in debt securities of U.S. companies, directly, or through investments in securities of other investment funds, including exchange traded funds. The fund uses derivatives, including interest rate swaps, to deliver a floating rate of income. It, to the best of its ability, seeks to hedge its non-Canadian dollar currency exposure to the Canadian dollar at all times.
Classification

Keywords: Exchange Traded Funds Etf Betashares Debt Investment Funds Currency Corporate Bond Investment Fund Derivative Financial Risk Hedge Fund Swap

Is HFR 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 10.05
52 Week Low 9.65
Average Volume 19,094
200-Day Moving Average 9.870
50-Day Moving Average 9.998
20-Day Moving Average 10.024
10-Day Moving Average 10.036
Average True Range 0.014
RSI (14) 60.00
ADX 28.32
+DI 26.523
-DI 17.102
Chandelier Exit (Long, 3 ATRs) 10.008
Chandelier Exit (Short, 3 ATRs) 10.042
Upper Bollinger Bands 10.054
Lower Bollinger Band 9.995
Percent B (%b) 0.77
BandWidth 0.585
MACD Line 0.015
MACD Signal Line 0.014
MACD Histogram 0.0007
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.055
Resistance 3 (R3) 10.057 10.053 10.053
Resistance 2 (R2) 10.053 10.050 10.053 10.052
Resistance 1 (R1) 10.047 10.047 10.045 10.045 10.051
Pivot Point 10.043 10.043 10.043 10.043 10.043
Support 1 (S1) 10.037 10.040 10.035 10.035 10.029
Support 2 (S2) 10.033 10.037 10.033 10.028
Support 3 (S3) 10.027 10.033 10.028
Support 4 (S4) 10.025