Defiance Next Gen H2 Etf (HDRO) Stock Technical Analysis
NYSEARCA:HDRO - NYSE Arca - US26922B4361 - ETF - Currency: USD
We assign a technical rating of 0 out of 10 to HDRO. HDRO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, HDRO is a bad performer in the overall market: 85% of all stocks are doing better.
HDRO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so HDRO is lagging the market.
Warning: HDRO has an average volume of 7892 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month HDRO has a been trading in the 24.18 - 27.62 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, HDRO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
25.66
38.95
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 26.21 to 26.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 28.73 to 28.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @31.31 from a trend line in the daily time frame.
- Resistance @32.88 from a horizontal line in the daily time frame.
- Resistance @38.56 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 HDRO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HDRO is down. |
| ChartMill Relative Strength | 15.62 | NEGATIVE | HDRO has a low relative strength, it was outperformed by 84.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HDRO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HDRO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HDRO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.23 | NEUTRAL | The RSI value for HDRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests HDRO has a positive trend. |
| Stochastics (14,3) | 62.1 | NEUTRAL | The Stochastics value for HDRO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for HDRO suggests some volalility. |
| Average Directional Index/ADX (14) | 36.05 | POSITIVE | The high ADX value value for HDRO suggests a strong 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:HDRO (4/28/2025, 8:14:04 PM)
25.9185
-0.03 (-0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.12%
1 Week0.2%
2 Weeks-2.8%
1 Month-6.2%
3 Month-20.46%
6 Month-23.27%
12 Month-36.85%
2 Year-63.18%
3 Year-77.12%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.68
ATR(20)%3.02%
ATR Inc-89.75%
Range Today0.05
ADR(20)0.64
ADR(20)%2.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.62
Mansfield-2.62
10 Day High27
10 Day Low25.53
20 Day High27.62
20 Day Low24.18
52 Week High51.76
52 Week Low24.18
CS1 EndN/A
CR1 Start26.21
Volume & EV
DER(3)0.87%
DER(5)0.15%
Volume71.30K
Volume Incr201.05%
Vol(5)18.62K
Vol(50)7.89K