VANECK HYDROGEN ETF (HDRO.MI) Stock Technical Analysis
BIT:HDRO - IE00BMDH1538 - ETF
5.224 EUR
+0.2 (+3.96%)
Taking everything into account, HDRO scores 6 out of 10 in our technical rating. HDRO has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
64% of all other stocks performed better in the past year than HDRO.
Warning: HDRO has an average volume of 4432 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
In the last month HDRO has a been trading in the 4.74 - 5.32 range, which is quite wide. It is currently trading near the high of this range.
HDRO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HDRO is lagging the market.
Volume is considerably higher in the last couple of days.
HDRO has an average technical rating and the quality of the presented setup is also 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
4.71
5.95
When analyzing the support we can see 3 important areas.
- A support zone ranging from 5.11 to 5.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 4.96 to 4.99. 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 4.76 to 4.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @5.30 from a trend line in the daily time frame.
- Resistance @5.89 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 HDRO.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HDRO.MI is up. |
| ChartMill Relative Strength | 36.15 | NEUTRAL | HDRO.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HDRO.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HDRO.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of HDRO.MI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.86 | NEUTRAL | The RSI value for HDRO.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests HDRO.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.7 | NEUTRAL | The Stochastics value for HDRO.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for HDRO.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 18.51 | NEGATIVE | The low ADX value for HDRO.MI 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)
BIT:HDRO (8/25/2025, 7:00:00 PM)
5.224
+0.2 (+3.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.96%
1 Week4.8%
2 Weeks0.16%
1 Month8.32%
3 Month14.76%
6 Month-1.18%
12 Month-12.91%
2 Year-41.14%
3 Year-62.95%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%2.65%
ATR Inc-47.96%
Range Today0.05
ADR(20)0.09
ADR(20)%1.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.15
Mansfield-0.78
10 Day High5.25
10 Day Low4.74
20 Day High5.32
20 Day Low4.74
52 Week High5.93
52 Week Low3.6
CS1 End4.99
CR1 Start5.11
Volume & EV
DER(3)0%
DER(5)0%
Volume6.87K
Volume Incr40.07%
Vol(5)6.87K
Vol(50)4.43K