Technical Analysis for HGU - Horizons BetaPro S&P/TSX Global Gold Bull Plus ETF

Grade Last Price % Change Price Change
A 17.000 2.04% 0.340
HGU closed up 3.54 percent on Thursday, April 25, 2024, on 1.4 times normal volume.
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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
20 DMA Support Bullish 2.04%
Bollinger Band Squeeze Range Contraction 2.04%
BB Squeeze Started Range Contraction 2.04%
Up 3 Days in a Row Strength 2.04%
20 DMA Support Bullish 5.66%
NR7 Range Contraction 5.66%
Narrow Range Bar Range Contraction 5.66%
Bullish Engulfing Bullish 6.25%
Crossed Above 20 DMA Bullish 6.25%
Gapped Down Weakness 6.25%

   Recent Intraday Alerts

Alert Time
Gapped Up (Full) about 2 hours ago
Rose Above Previous Day's High about 2 hours ago
Rose Above Upper Bollinger Band about 2 hours ago
Up 3% about 2 hours ago
Up 2% about 2 hours ago

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Horizons BetaPro S&P/TSX Global Gold Bull Plus ETF Description

Horizons BetaPro S&P/TSX Global Gold Bull 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 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

Is HGU 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 19.78
52 Week Low 9.15
Average Volume 435,495
200-Day Moving Average 12.862
50-Day Moving Average 13.418
20-Day Moving Average 16.162
10-Day Moving Average 16.378
Average True Range 0.826
RSI (14) 61.83
ADX 41.72
+DI 32.645
-DI 19.171
Chandelier Exit (Long, 3 ATRs) 16.202
Chandelier Exit (Short, 3 ATRs) 15.288
Upper Bollinger Bands 17.506
Lower Bollinger Band 14.817
Percent B (%b) 0.69
BandWidth 16.637
MACD Line 0.793
MACD Signal Line 0.964
MACD Histogram -0.1702
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 18.175
Resistance 3 (R3) 18.067 17.453 17.923
Resistance 2 (R2) 17.453 17.068 17.508 17.838
Resistance 1 (R1) 17.057 16.829 17.255 17.165 17.754
Pivot Point 16.443 16.443 16.543 16.498 16.443
Support 1 (S1) 16.047 16.058 16.245 16.155 15.566
Support 2 (S2) 15.433 15.819 15.488 15.482
Support 3 (S3) 15.037 15.433 15.398
Support 4 (S4) 15.145