GLOBAL X GOLD YIELD ETF (HGY.CA) Stock Technical Analysis
Canada - TSX:HGY - CA3799501083 - ETF
Taking everything into account, HGY scores 8 out of 10 in our technical rating. In the last year, HGY was one of the better performers, but we do observe some doubts in the very recent evolution.
Besides having an excellent technical rating, HGY also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 14.96, a Stop Loss order could be placed below this zone.
More info and screens
12.85
When analyzing the support we can see 3 important areas.
- A support zone ranging from 14.62 to 14.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.87 to 13.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 12.98 to 13.26. 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 HGY.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HGY.CA is neutral. |
| ChartMill Relative Strength | 71.36 | POSITIVE | HGY.CA has a high relative strength, it outperformed 71.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HGY.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HGY.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HGY.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.73 | NEUTRAL | The RSI value for HGY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests HGY.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.67 | OVERSOLD | The low Stochastics value suggests HGY.CA may be oversold. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for HGY.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 29.24 | POSITIVE | The high ADX value value for HGY.CA suggests a strong trend. |
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 |
|---|---|---|---|
| 15.21 | 14.70 | 0.51 (3.35%) | 25.00% |
| An entry @15.21. This is a Buy Stop order right above the 10 day high. | An exit @14.70. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.51 points, which is 3.35%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.84%. |
- 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.
TSX:HGY (11/7/2025, 7:00:00 PM)
15
+0.07 (+0.47%)
GLOBAL X GOLD YIELD ETF / HGY.CA FAQ
Can you provide the ChartMill technical rating for GLOBAL X GOLD YIELD ETF?
ChartMill assigns a technical rating of 8 / 10 to HGY.CA.
Can you provide the trend direction for GLOBAL X GOLD YIELD ETF?
The current trend direction for GLOBAL X GOLD YIELD ETF (HGY.CA) is Bullish.
Can you provide the RSI signal for GLOBAL X GOLD YIELD ETF?
GLOBAL X GOLD YIELD ETF (HGY.CA) has an RSI value of 49.7265. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GLOBAL X GOLD YIELD ETF?
The short term momentum for GLOBAL X GOLD YIELD ETF (HGY.CA) is neutral.
What are the support and resistance levels for GLOBAL X GOLD YIELD ETF (HGY.CA) stock?
GLOBAL X GOLD YIELD ETF (HGY.CA) has a support level at 14.96. Check the full technical report for our detailed analysis of HGY.CA support and resistance levels.