BETAPRO CANADIAN GOLD MINERS (HGU.CA) Technical Analysis
TSX:HGU • CA08661V1040
Current stock price
HGU.CA Technical Rating and Analysis
Overall HGU gets a technical rating of 10 out of 10. Both in the recent history as in the last year, HGU has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, HGU did better than 94% of all other stocks. We also observe that the gains produced by HGU over the past year are nicely spread over this period.
- HGU is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month HGU has a been trading in the 26.45 - 31.12 range, which is quite wide. It is currently trading near the high of this range.
HGU.CA Weekly and Daily overview Charts
HGU.CA Setup Rating and Analysis
Besides having an excellent technical rating, HGU also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 30.73. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 27.75, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HGU in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
HGU.CA Support and Resistance Analysis
20.12
When analyzing the support we can see 3 important areas.
- Support @27.75 from a horizontal line in the daily time frame.
- Support @21.92 from a trend line in the daily time frame.
- Support @20.32 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 30.73 to 30.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
HGU.CA Technical Indicator Signal Analysis
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 HGU.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HGU.CA is up. |
| ChartMill Relative Strength | 94.5 | POSITIVE | HGU.CA has a high relative strength, it outperformed 94.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HGU.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HGU.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HGU.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.29 | NEUTRAL | The RSI value for HGU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests HGU.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 71.31 | NEUTRAL | The Stochastics value for HGU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.6 | HIGH VOLATILITY | The high ATR as a percentage value for HGU.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 18.72 | NEGATIVE | The low ADX value for HGU.CA suggests a weak or negative trend. |
HGU.CA Chart- and CandleStick Pattern Analysis
HGU.CA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 30.74 | 27.74 | 3.00 (9.76%) | 10.25% |
| An entry @30.74. This is a Buy Stop order right above the resistance zone. | An exit @27.74. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.00 points, which is 9.76%. | When investing 10.25% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
HGU.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:HGU (3/12/2025, 7:00:00 PM)
30.72
+0.38 (+1.25%)
BETAPRO CANADIAN GOLD MINERS / HGU.CA TA FAQ
Can you provide the ChartMill technical rating for BETAPRO CANADIAN GOLD MINERS?
ChartMill assigns a technical rating of 10 / 10 to HGU.CA.
What is the current trend direction of BETAPRO CANADIAN GOLD MINERS (HGU.CA) stock?
The current trend direction for BETAPRO CANADIAN GOLD MINERS (HGU.CA) is Bullish.
What is the RSI signal for BETAPRO CANADIAN GOLD MINERS (HGU.CA) stock?
BETAPRO CANADIAN GOLD MINERS (HGU.CA) has an RSI value of 58.2868. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BETAPRO CANADIAN GOLD MINERS?
The MACD indicator for BETAPRO CANADIAN GOLD MINERS (HGU.CA) has a value of -0.0175441, indicating a bearish trend.
What is the buy/sell signal for BETAPRO CANADIAN GOLD MINERS (HGU.CA) stock?
The buy/sell signal for BETAPRO CANADIAN GOLD MINERS (HGU.CA) is buy as both the short term and long term trends are positive.