GLOBAL X GOLD ETF (HUG.CA) Technical Analysis
TSX:HUG • CA37964E1051
Current stock price
HUG.CA Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to HUG. Although HUG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Warning: HUG has an average volume of 12496 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- In the last month HUG has a been trading in the 32.13 - 35.96 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, HUG turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
- HUG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HUG is lagging the market.
- Considerably lower volume is observed in the last couple of days.
HUG.CA Weekly and Daily overview Charts
HUG.CA Setup Rating and Analysis
HUG has an average technical rating and also the quality of the setup is only medium 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
HUG.CA Support and Resistance Analysis
30.29
We found 4 important support areas.
- A support zone ranging from 34.42 to 34.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 33.12 to 33.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 32.17 to 32.34. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @30.60 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 40.07 to 40.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
HUG.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 HUG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HUG.CA is up. |
| ChartMill Relative Strength | 61.92 | NEUTRAL | HUG.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HUG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HUG.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HUG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.51 | NEUTRAL | The RSI value for HUG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests HUG.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.88 | OVERBOUGHT | The high Stochastics value suggests HUG.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.99 | LOW VOLATILITY | The low ATR as a percentage value for HUG.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 13.64 | NEGATIVE | The low ADX value for HUG.CA suggests a weak or negative trend. |
HUG.CA Chart- and CandleStick Pattern Analysis
HUG.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:HUG (4/20/2026, 7:00:00 PM)
35.45
-0.4 (-1.12%)
GLOBAL X GOLD ETF / HUG.CA TA FAQ
Can you provide the ChartMill technical rating for GLOBAL X GOLD ETF?
ChartMill assigns a technical rating of 6 / 10 to HUG.CA.
Can you provide the trend direction for GLOBAL X GOLD ETF?
The current trend direction for GLOBAL X GOLD ETF (HUG.CA) is Bullish.
What is the RSI signal for HUG stock?
GLOBAL X GOLD ETF (HUG.CA) has an RSI value of 51.5091. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GLOBAL X GOLD ETF?
The short term momentum for GLOBAL X GOLD ETF (HUG.CA) is positive.
Can you provide the support and resistance levels for GLOBAL X GOLD ETF?
GLOBAL X GOLD ETF (HUG.CA) has a support level at 34.6 and a resistance level at 40.07. Check the full technical report for our detailed analysis of HUG.CA support and resistance levels.