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

Grade Last Price % Change Price Change
grade D 8.83 -2.86% -0.260
HGU closed down 2.86 percent on Friday, January 18, 2019, on 88 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Flat Down
See historical HGU trend table...

Date Alert Name Type % Chg
Jan 18 Fell Below 50 DMA Bearish 0.00%
Jan 18 MACD Bearish Centerline Cross Bearish 0.00%
Jan 18 Oversold Stochastic Weakness 0.00%
Jan 17 Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -2.86%
Jan 17 Narrow Range Bar Range Contraction -2.86%
Jan 17 NR7 Range Contraction -2.86%
Jan 17 NR7-2 Range Contraction -2.86%
Jan 17 Oversold Stochastic Weakness -2.86%
Jan 16 Narrow Range Bar Range Contraction -2.75%
Jan 16 NR7 Range Contraction -2.75%

Older signals for HGU ...

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Profile
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.
Is HGU a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 2 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 13.83
52 Week Low 6.74
Average Volume 611,508
200-Day Moving Average 9.7846
50-Day Moving Average 8.873
20-Day Moving Average 9.5065
10-Day Moving Average 9.198
Average True Range 0.4225
ADX 16.94
+DI 15.7994
-DI 27.5556
Chandelier Exit (Long, 3 ATRs ) 9.0525
Chandelier Exit (Short, 3 ATRs ) 10.0175
Upper Bollinger Band 10.3845
Lower Bollinger Band 8.6285
Percent B (%b) 0.11
BandWidth 18.471572
MACD Line -0.0022
MACD Signal Line 0.1312
MACD Histogram -0.1334
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 9.310
Resistance 3 (R3) 9.337 9.203 9.230
Resistance 2 (R2) 9.203 9.081 9.190 9.203
Resistance 1 (R1) 9.017 9.006 8.950 8.990 9.177
Pivot Point 8.883 8.883 8.850 8.870 8.883
Support 1 (S1) 8.697 8.761 8.630 8.670 8.483
Support 2 (S2) 8.563 8.686 8.550 8.457
Support 3 (S3) 8.377 8.563 8.430
Support 4 (S4) 8.350