GLOBAL X VIDEO GAMES& ESPORT (HERO) Stock Technical Analysis
NASDAQ:HERO - Nasdaq - US37954Y3927 - ETF - Currency: USD
We assign a technical rating of 10 out of 10 to HERO. Both in the recent history as in the last year, HERO has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, HERO did better than 91% of all other stocks. We also observe that the gains produced by HERO over the past year are nicely spread over this period.
A new 52 week high is currently being made by HERO, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so HERO is leading the market.
In the last month HERO has a been trading in the 28.44 - 31.75 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although HERO has an excellent technical rating, it does not present a decent entry opportunity 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
21.08
31.59
We found 4 important support areas.
- A support zone ranging from 28.20 to 28.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.88 from a trend line in the weekly time frame.
- Support @22.79 from a horizontal line in the daily time frame.
- Support @21.29 from a horizontal line in the weekly 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 HERO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HERO is up. |
| ChartMill Relative Strength | 91.64 | POSITIVE | HERO has a high relative strength, it outperformed 91.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HERO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HERO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HERO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.24 | NEUTRAL | The RSI value for HERO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests HERO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.59 | OVERBOUGHT | The high Stochastics value suggests HERO may be overbought. |
| Average True Range in percent/ATR (20) | 1.47 | LOW VOLATILITY | The low ATR as a percentage value for HERO suggests low volalility. |
| Average Directional Index/ADX (14) | 40.88 | POSITIVE | The high ADX value value for HERO 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)
NASDAQ:HERO (6/20/2025, 8:00:02 PM)
31.28
-0.36 (-1.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.14%
1 Week0.35%
2 Weeks3.61%
1 Month9.1%
3 Month21.64%
6 Month29.15%
12 Month47.55%
2 Year52.66%
3 Year49.59%
5 Year35.53%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%1.47%
ATR Inc74.16%
Range Today0.69
ADR(20)0.38
ADR(20)%1.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.64
Mansfield2.18
10 Day High31.75
10 Day Low30.15
20 Day High31.75
20 Day Low28.44
52 Week High31.75
52 Week Low20.21
CS1 End28.89
CR1 StartN/A
Volume & EV
DER(3)4.46%
DER(5)7.3%
Volume36.80K
Volume Incr-48.12%
Vol(5)29.48K
Vol(50)65.66K