VANECK NATURAL RESOURCES ETF (HAP) Stock Technical Analysis
NYSEARCA:HAP - NYSE Arca - US92189F8418 - ETF - Currency: USD
We assign a technical rating of 8 out of 10 to HAP. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HAP is only an average performer.
Warning: HAP has an average volume of 6866 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
HAP is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so HAP is performing more or less in line with the market.
When comparing the performance of all stocks over the past year, HAP turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
HAP is part of the Automobile Components industry. There are 81 other stocks in this industry, HAP did better than 58% of them.
In the last month HAP has a been trading in a tight range between 49.14 and 51.31.
Although HAP has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
44.19
53.87
When analyzing the support we can see 3 important areas.
- A support zone ranging from 48.85 to 50.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @45.55 from a horizontal line in the weekly time frame.
- Support @44.64 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @51.54 from a horizontal line in the daily time frame.
- A resistance zone ranging from 53.30 to 53.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for HAP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HAP is up. |
| ChartMill Relative Strength | 53.72 | NEUTRAL | HAP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HAP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HAP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HAP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.75 | NEUTRAL | The RSI value for HAP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests HAP has a positive trend. |
| Stochastics (14,3) | 84.5 | OVERBOUGHT | The high Stochastics value suggests HAP may be overbought. |
| Average True Range in percent/ATR (20) | 0.87 | LOW VOLATILITY | The low ATR as a percentage value for HAP suggests low volalility. |
| Average Directional Index/ADX (14) | 24.15 | NEUTRAL | The ADX value for HAP suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 51.55 | 49.88 | 1.67 (3.25%) | 25.00% |
| An entry @51.55. This is a Buy Stop order right above the resistance zone. | An exit @49.88. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.67 points, which is 3.25%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.81%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:HAP (6/6/2025, 8:04:00 PM)
51.1317
+0.08 (+0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg0.16%
1 Week1.79%
2 Weeks2.83%
1 Month4.76%
3 Month4.24%
6 Month3.25%
12 Month1.25%
2 Year6.14%
3 Year12.74%
5 Year68.61%
10 Year53.27%
15 Year81.9%
Volatility
ATR(14)0.37
ATR(20)%0.87%
ATR Inc-22.08%
Range Today0.11
ADR(20)0.33
ADR(20)%0.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.72
Mansfield-0.16
10 Day High51.31
10 Day Low49.89
20 Day High51.31
20 Day Low49.14
52 Week High53.57
52 Week Low42.65
CS1 End50.61
CR1 Start51.54
Volume & EV
DER(3)3.25%
DER(5)4.84%
Volume3.80K
Volume Incr88.05%
Vol(5)7.24K
Vol(50)6.87K