Technical Analysis for HGD - Horizons BetaPro S&P/TSX Global Gold Bear Plus ETF

Grade Last Price % Change Price Change
D 5.170 -8.33% -0.470
HGD closed down 8.33 percent on Tuesday, November 28, 2023, on 1.91 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Gapped Down Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
180 Bearish Setup Bearish Swing Setup -8.33%
Stochastic Reached Oversold Weakness -8.33%
Gapped Down Weakness -8.33%
Lower Bollinger Band Touch Weakness -8.33%
Oversold Stochastic Weakness -8.33%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
2x Volume Pace about 21 hours ago
Down 1 ATR about 21 hours ago
Down 5% about 22 hours ago
Down 3% about 22 hours ago
1.5x Volume Pace about 23 hours ago

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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.


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

Is HGD a Buy, Sell or Hold?

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 4.26
Average Volume 261,234
200-Day Moving Average 6.079
50-Day Moving Average 6.400
20-Day Moving Average 6.096
10-Day Moving Average 5.939
Average True Range 0.307
RSI (14) 31.51
ADX 20.32
+DI 15.106
-DI 41.730
Chandelier Exit (Long, 3 ATRs) 5.750
Chandelier Exit (Short, 3 ATRs) 6.080
Upper Bollinger Bands 6.775
Lower Bollinger Band 5.418
Percent B (%b) -0.18
BandWidth 22.266
MACD Line -0.183
MACD Signal Line -0.102
MACD Histogram -0.0814
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 5.830
Resistance 3 (R3) 5.900 5.750 5.720
Resistance 2 (R2) 5.750 5.582 5.715 5.683
Resistance 1 (R1) 5.460 5.478 5.385 5.390 5.647
Pivot Point 5.310 5.310 5.273 5.275 5.310
Support 1 (S1) 5.020 5.142 4.945 4.950 4.693
Support 2 (S2) 4.870 5.038 4.835 4.657
Support 3 (S3) 4.580 4.870 4.620
Support 4 (S4) 4.510