GLOBAL X VIDEO GAMES& ESPORT (HERO) Stock Technical Analysis
USA - NASDAQ:HERO - US37954Y3927 - ETF
We assign a technical rating of 4 out of 10 to HERO. In the last year, HERO was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
Although the technical rating is only medium, HERO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 31.69, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HERO 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
25.03
When analyzing the support we can see 4 important areas.
- A support zone ranging from 31.69 to 31.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.09 from a horizontal line in the daily time frame.
- Support @26.81 from a trend line in the weekly time frame.
- Support @25.28 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 32.35 to 33.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 34.00 to 34.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for HERO is down. |
| ChartMill Relative Strength | 79.94 | POSITIVE | HERO has a high relative strength, it outperformed 79.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HERO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HERO is below a declining 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) | 37.51 | NEUTRAL | The RSI value for HERO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests HERO has a negative trend. |
| Stochastics (14,3) | 14.66 | OVERSOLD | The low Stochastics value suggests HERO may be oversold. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for HERO suggests low volalility. |
| Average Directional Index/ADX (14) | 27.3 | POSITIVE | The high ADX value value for HERO suggests a strong trend. |
NASDAQ:HERO (11/7/2025, 3:42:27 PM)
31.7
-0.19 (-0.6%)
GLOBAL X VIDEO GAMES& ESPORT / HERO FAQ
Can you provide the ChartMill technical rating for GLOBAL X VIDEO GAMES& ESPORT?
ChartMill assigns a technical rating of 4 / 10 to HERO.
What is the trend direction for HERO stock?
The current trend direction for GLOBAL X VIDEO GAMES& ESPORT (HERO) is Bullish.
What is the RSI signal for HERO stock?
GLOBAL X VIDEO GAMES& ESPORT (HERO) has an RSI value of 37.5109. This indicates that the stock is currently neutral.
What is the MACD signal for HERO stock?
The MACD indicator for GLOBAL X VIDEO GAMES& ESPORT (HERO) has a value of -0.0857553, indicating a bearish trend.
Can you provide the short term momentum for GLOBAL X VIDEO GAMES& ESPORT?
The short term momentum for GLOBAL X VIDEO GAMES& ESPORT (HERO) is negative.