ETRACS 2X HI DIV L-VOL ETN-B (HDLB) Stock Technical Analysis
NYSEARCA:HDLB - NYSE Arca - US90269A4849 - ETF - Currency: USD
Overall HDLB gets a technical rating of 7 out of 10. HDLB was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month HDLB has a been trading in the 14.51 - 15.91 range, which is quite wide. It is currently trading near the lows of this range.
Warning: HDLB has an average volume of 3624 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, HDLB did better than 85% of all other stocks. We also observe that the gains produced by HDLB over the past year are nicely spread over this period.
HDLB 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 HDLB is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Although HDLB has an excellent technical rating, it does not offer a high quality setup 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
12.66
16.35
We found 4 important support areas.
- Support @14.35 from a horizontal line in the daily time frame.
- Support @14.00 from a trend line in the weekly time frame.
- Support @13.04 from a horizontal line in the daily time frame.
- A support zone ranging from 12.79 to 12.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 14.82 to 15.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.73 to 15.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @16.19 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 | UP | POSITIVE | The long term trend for HDLB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HDLB is neutral. |
| ChartMill Relative Strength | 85.59 | POSITIVE | HDLB has a high relative strength, it outperformed 85.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HDLB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HDLB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HDLB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.56 | NEUTRAL | The RSI value for HDLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests HDLB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.33 | NEUTRAL | The Stochastics value for HDLB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for HDLB suggests some volalility. |
| Average Directional Index/ADX (14) | 11.16 | NEGATIVE | The low ADX value for HDLB 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:HDLB (5/22/2025, 1:43:42 PM)
14.52
-0.46 (-3.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.07%
1 Week3.21%
2 Weeks0.93%
1 Month3.42%
3 Month-1.46%
6 Month-3.14%
12 Month28.83%
2 Year43.53%
3 Year-17.12%
5 Year43.96%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%2.38%
ATR Inc183.16%
Range Today0.17
ADR(20)0.22
ADR(20)%1.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.59
Mansfield0.45
10 Day High15.91
10 Day Low14.51
20 Day High15.91
20 Day Low14.51
52 Week High17.24
52 Week Low11.17
CS1 End14.97
CR1 Start15.73
Volume & EV
DER(3)5.75%
DER(5)7.19%
Volume901
Volume Incr-46.11%
Vol(5)1.04K
Vol(50)3.62K