ADVISORSHARES RANGER EQ BEAR (HDGE) Stock Technical Analysis
NYSEARCA:HDGE - NYSE Arca - US00768Y4127 - ETF - Currency: USD
We assign a technical rating of 0 out of 10 to HDGE. HDGE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
77% of all other stocks performed better in the past year than HDGE.
HDGE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HDGE is lagging the market slightly.
In the last month HDGE has a been trading in the 16.88 - 18.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HDGE has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 17.28, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HDGE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
15.31
20.44
We found 2 important support areas.
- A support zone ranging from 17.08 to 17.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 15.46 to 15.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 18.12 to 18.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.99 to 19.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.69 from a horizontal line in the daily time frame.
- Resistance @20.24 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for HDGE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HDGE is down. |
| ChartMill Relative Strength | 23.01 | NEGATIVE | HDGE has a low relative strength, it was outperformed by 76.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HDGE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HDGE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HDGE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.11 | NEUTRAL | The RSI value for HDGE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests HDGE has a positive trend. |
| Stochastics (14,3) | 43.61 | NEUTRAL | The Stochastics value for HDGE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.56 | LOW VOLATILITY | The low ATR as a percentage value for HDGE suggests low volalility. |
| Average Directional Index/ADX (14) | 18.4 | NEGATIVE | The low ADX value for HDGE suggests a weak or negative 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)
NYSEARCA:HDGE (6/20/2025, 8:04:00 PM)
17.45
+0.14 (+0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.81%
1 Week1.39%
2 Weeks-0.68%
1 Month-3%
3 Month-1.08%
6 Month-0.57%
12 Month-17.53%
2 Year-22.82%
3 Year-45.55%
5 Year-64.02%
10 Year-83.99%
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%1.56%
ATR Inc-19.39%
Range Today0.22
ADR(20)0.22
ADR(20)%1.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.01
Mansfield-0.68
10 Day High17.56
10 Day Low16.88
20 Day High18.25
20 Day Low16.88
52 Week High21.16
52 Week Low15.39
CS1 End17.28
CR1 Start18.12
Volume & EV
DER(3)8.74%
DER(5)7.82%
Volume75.90K
Volume Incr19.49%
Vol(5)70.86K
Vol(50)99.61K