Technical Analysis for HFU - Horizons BetaPro S&P/TSX Capped Financials Bull Plus ETF

Grade Last Price % Change Price Change
A 31.270 0.39% 0.120
HFU closed up 0.39 percent on Wednesday, November 20, 2024, on 30 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 Up Up

Date Alert Name Type % Chg
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Outside Day Range Expansion 0.39%
Overbought Stochastic Strength 0.39%
Gapped Down Weakness 0.39%
180 Bullish Setup Bullish Swing Setup 0.51%
NR7 Range Contraction 0.51%
Narrow Range Bar Range Contraction 0.51%
Inside Day Range Contraction 0.51%
Overbought Stochastic Strength 0.51%

   Recent Intraday Alerts

Alert Time
10 DMA Resistance about 18 hours ago
Fell Below 10 DMA about 18 hours ago
Rose Above Previous Day's High about 20 hours ago
10 DMA Support about 22 hours ago
Bullish 180 Entry 1 day ago

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Horizons BetaPro S&P/TSX Capped Financials Bull Plus ETF Description

Horizons BetaPro S&P/TSX Capped Financials Bull Plus ETF (ETF) seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavor to correspond to two times (200%) the daily performance of the S&P/TSX Capped Financials 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 Capped Financials 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.


Classification

Keywords: Exchange Traded Funds Etf Financial Markets Financial Investment Management Debt S&P S&P/Tsx Composite Index Standard & Poor's S&P 500 Index CBOE Transaction Cost Beta Advisors Tsx Toronto Stock Exchange 300 Composite Index Money Market Financials Financial Instrument Financials Index S&P/Tsx Capped Financials Index Tsx Capped Financials Index

Is HFU 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 31.56
52 Week Low 16.51
Average Volume 4,942
200-Day Moving Average 23.673
50-Day Moving Average 28.938
20-Day Moving Average 30.190
10-Day Moving Average 31.105
Average True Range 0.422
RSI (14) 68.35
ADX 31.68
+DI 40.402
-DI 26.019
Chandelier Exit (Long, 3 ATRs) 30.295
Chandelier Exit (Short, 3 ATRs) 29.695
Upper Bollinger Bands 32.171
Lower Bollinger Band 28.209
Percent B (%b) 0.77
BandWidth 13.121
MACD Line 0.763
MACD Signal Line 0.747
MACD Histogram 0.0159
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 31.645
Resistance 3 (R3) 31.603 31.437 31.583
Resistance 2 (R2) 31.437 31.341 31.458 31.562
Resistance 1 (R1) 31.353 31.282 31.395 31.395 31.541
Pivot Point 31.187 31.187 31.208 31.208 31.187
Support 1 (S1) 31.103 31.091 31.145 31.145 30.999
Support 2 (S2) 30.937 31.032 30.958 30.978
Support 3 (S3) 30.853 30.937 30.958
Support 4 (S4) 30.895