Technical Analysis for HXU - Horizons BetaPro S&P/TSX 60 Bull Plus ETF

Grade Last Price % Change Price Change
C 21.360 0.95% 0.200
HXU closed up 0.28 percent on Thursday, April 18, 2024, on 67 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. 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.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Stochastic Buy Signal Bullish 0.95%
NR7 Range Contraction 0.95%
Lower Bollinger Band Walk Weakness 0.95%
Inside Day Range Contraction 0.95%
Oversold Stochastic Weakness 0.95%
MACD Bearish Centerline Cross Bearish 1.23%
Pocket Pivot Bullish Swing Setup 1.23%
Lower Bollinger Band Walk Weakness 1.23%
Below Lower BB Weakness 1.23%
Lower Bollinger Band Touch Weakness 1.23%

   Recent Intraday Alerts

Alert Time
50 DMA Resistance about 4 hours ago
Rose Above Previous Day's High about 7 hours ago
Rose Above 50 DMA about 7 hours ago
Up 1% about 7 hours ago
Possible Inside Day 1 day ago

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Horizons BetaPro S&P/TSX 60 Bull Plus ETF Description

Horizons BetaPro S&P/TSX 60 Bull Plus ETF (HBP S&P/TSX 60 Bull + ETF or the ETF) seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times (200%) the daily performance of the S&P/TSX 60 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 60 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: Exchange Traded Funds Etf Financial Debt Investment Management Inverse Exchange Traded Fund S&P S&P/Tsx 60 Index S&P/Tsx Composite Index Standard & Poor's Beta Transaction Cost S&P 500 Index CBOE S&P/TSX 60 Advisors Money Market Financial Instrument Notional Amount

Is HXU 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 22.55
52 Week Low 15.94
Average Volume 38,260
200-Day Moving Average 19.332
50-Day Moving Average 21.366
20-Day Moving Average 21.927
10-Day Moving Average 21.754
Average True Range 0.376
RSI (14) 40.12
ADX 23.84
+DI 15.970
-DI 27.485
Chandelier Exit (Long, 3 ATRs) 21.423
Chandelier Exit (Short, 3 ATRs) 22.007
Upper Bollinger Bands 22.819
Lower Bollinger Band 21.034
Percent B (%b) 0.07
BandWidth 8.139
MACD Line -0.062
MACD Signal Line 0.120
MACD Histogram -0.1816
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 21.580
Resistance 3 (R3) 21.590 21.460 21.510
Resistance 2 (R2) 21.460 21.353 21.455 21.487
Resistance 1 (R1) 21.310 21.287 21.385 21.300 21.463
Pivot Point 21.180 21.180 21.218 21.175 21.180
Support 1 (S1) 21.030 21.073 21.105 21.020 20.857
Support 2 (S2) 20.900 21.007 20.895 20.833
Support 3 (S3) 20.750 20.900 20.810
Support 4 (S4) 20.740