Technical Analysis for HGD - Horizons BetaPro S&P/TSX Global Gold Bear Plus ETF
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Down | Down | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| 20 DMA Resistance | Bearish | -0.36% | |
| Bearish Engulfing | Bearish | -0.36% | |
| Wide Bands | Range Expansion | -0.36% | |
| Gapped Up | Strength | -0.36% | |
| Wide Bands | Range Expansion | -2.45% | |
| Gapped Up | Strength | -2.45% | |
| Wide Bands | Range Expansion | 5.42% | |
| Down 3 Days in a Row | Weakness | 5.42% | |
| NR7 | Range Contraction | 4.36% | |
| Wide Bands | Range Expansion | 4.36% |
| Alert | Time |
|---|---|
| Fell Below Previous Day's Low | about 1 hour ago |
| 1.5x Volume Pace | about 1 hour ago |
| Down 1% | about 3 hours ago |
| Down 3% | 1 day ago |
| Down 2% | 1 day ago |
Free Daily (Stock) Chart Reading
Horizons BetaPro S&P/TSX Global Gold Bear Plus ETF Description
Horizons BetaPro S&P/TSX Global Gold Bear Plus ETF (the 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 Global Gold 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 Global Gold 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 to the ETF.
Classification
Keywords: Gold Exchange Traded Funds Etf Financial Markets Financial Debt Investment Management S&P S&P/Tsx Composite Index Beta Transaction Cost S&P 500 Index CBOE Advisors Tsx Toronto Stock Exchange 300 Composite Index Money Market Financial Instrument
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 7.91 |
| 52 Week Low | 3.58 |
| Average Volume | 527,748 |
| 200-Day Moving Average | 5.946 |
| 50-Day Moving Average | 5.441 |
| 20-Day Moving Average | 4.299 |
| 10-Day Moving Average | 4.093 |
| Average True Range | 0.250 |
| RSI (14) | 39.02 |
| ADX | 45.63 |
| +DI | 20.103 |
| -DI | 33.500 |
| Chandelier Exit (Long, 3 ATRs) | 4.651 |
| Chandelier Exit (Short, 3 ATRs) | 4.329 |
| Upper Bollinger Bands | 5.010 |
| Lower Bollinger Band | 3.587 |
| Percent B (%b) | 0.43 |
| BandWidth | 33.105 |
| MACD Line | -0.350 |
| MACD Signal Line | -0.419 |
| MACD Histogram | 0.0685 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 4.575 | ||||
| Resistance 3 (R3) | 4.597 | 4.493 | 4.513 | ||
| Resistance 2 (R2) | 4.493 | 4.398 | 4.483 | 4.492 | |
| Resistance 1 (R1) | 4.347 | 4.339 | 4.295 | 4.325 | 4.471 |
| Pivot Point | 4.243 | 4.243 | 4.218 | 4.233 | 4.243 |
| Support 1 (S1) | 4.097 | 4.148 | 4.045 | 4.075 | 3.929 |
| Support 2 (S2) | 3.993 | 4.089 | 3.983 | 3.908 | |
| Support 3 (S3) | 3.847 | 3.993 | 3.888 | ||
| Support 4 (S4) | 3.825 |
