Overall HOOG gets a technical rating of 0 out of 10. HOOG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than HOOG.
- In the last month HOOG has a been trading in the 45.35 - 69.55 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
The technical rating of HOOG is bad and it also does not present a quality setup 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
45.78
When analyzing the support we notice one important area.
- A support zone ranging from 46.24 to 47.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 56.51 to 56.85. This zone is formed by a combination of multiple trend lines and important moving averages 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 HOOG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HOOG is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | HOOG has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HOOG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HOOG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of HOOG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.62 | NEUTRAL | The RSI value for HOOG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.48 | NEGATIVE | The MACD value suggests HOOG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.33 | OVERSOLD | The low Stochastics value suggests HOOG may be oversold. |
| Average True Range in percent/ATR (20) | 9.59 | HIGH VOLATILITY | The high ATR as a percentage value for HOOG suggests high volalility. |
| Average Directional Index/ADX (14) | 26.91 | POSITIVE | The high ADX value value for HOOG suggests a strong trend. |
47.4
+0.42 (+0.89%)
LEVERAGE SHARES 2X HOOD / HOOG FAQ
Can you provide the ChartMill technical rating for LEVERAGE SHARES 2X HOOD?
ChartMill assigns a technical rating of 0 / 10 to HOOG.
Can you provide the trend direction for LEVERAGE SHARES 2X HOOD?
The current trend direction for LEVERAGE SHARES 2X HOOD (HOOG) is Bearish.
What is the RSI signal for LEVERAGE SHARES 2X HOOD (HOOG) stock?
LEVERAGE SHARES 2X HOOD (HOOG) has an RSI value of 34.6165. This indicates that the stock is currently neutral.
What is the MACD signal for HOOG stock?
The MACD indicator for LEVERAGE SHARES 2X HOOD (HOOG) has a value of -0.483286, indicating a bearish trend.
What is the short term momentum for LEVERAGE SHARES 2X HOOD (HOOG) stock?
The short term momentum for LEVERAGE SHARES 2X HOOD (HOOG) is negative.